Over the last week, ROSE has been trading inside a minor bullish channel. At the moment, ROSE is well underway to bounce from the lower support of the channel. This could indicate a new bullish move towards the top of the channel.
This short-term bullish picture aligns well with my longer-term bullish view on ROSE, see below.
Be aware that this chart pattern implies relative stability of Bitcoin and the stock markets. ROSE will follow BTC when the latter will dump. Always keep an eye on the overall market.
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