ðĨ ROSE New All Time High: Price Discovery Ahead
ROSE has seen an incredible run up over the last couple of days, with today and yesterday being the climax of it all.
With today's massive candle, ROSE has made a new ATH. Seeing the current state of the market, I'd be surprised to see ROSE fall back down. I think there's still more room to grow, although we might need to cool of after this weeks' move.
According to the Fibonacci extension lines, the next major areas of resistance are based at $0.30 and $0.375, which coincide with the 1.272 and 1.618 Fibonacci extensions.
Happy trading!
With today's massive candle, ROSE has made a new ATH. Seeing the current state of the market, I'd be surprised to see ROSE fall back down. I think there's still more room to grow, although we might need to cool of after this weeks' move.
According to the Fibonacci extension lines, the next major areas of resistance are based at $0.30 and $0.375, which coincide with the 1.272 and 1.618 Fibonacci extensions.
Happy trading!
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