Oasis Network (ROSE) had a great OBV break-out after price corrected to the FIB golden pocket (yellow box in price chart).
But since the price is at the RSI resistance and a bearish divergence shows up in the RSI it is now maybe not the best time to buy, even when ROSE broke the RSI resistance 3 times before.
A re-test of the OBV support-line would be a better (re)-entry in this asset.
It was a pleasure for me to analyse ROSE after requested in a comment ;-) makes fun
So drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
But since the price is at the RSI resistance and a bearish divergence shows up in the RSI it is now maybe not the best time to buy, even when ROSE broke the RSI resistance 3 times before.
A re-test of the OBV support-line would be a better (re)-entry in this asset.
It was a pleasure for me to analyse ROSE after requested in a comment ;-) makes fun
So drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.