ROSEON FINANCE PRICE ACTION( Technical and Fundamental analysis)

in blurtstory •  3 years ago 

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Hey ROSEON FINANCE community.
Here's a chart showing the price action of ROSN/USDT on tab trader. I carried out a lot of technical analysis (T.A) on this trading pair and also a lot of fundamental analysis (F.A) on the future of $ROSN and it look very interesting as the coin is acting like a rocket about to shoot out to the moon. It has big potentials. But for the course of this chart I'll dive deeply into the price action of $ROSN chart.
As a good trader you'll clearly understand that using the rule of support and resistant you'll see that the market has been consolidating at between $0.102 and $0.122 going up and down touching the support and resistant line you've seen there.
Apparently the price has touched my support line more than 3 times and has been trying to hit outside if the resistance too for more than 3 times. And also looking at the trend lines which has apparently converged at a higher position showing that it'll apparently shoot out of my resistance line and go on a bullish trend. With a lil more patience will watching the chart you'll either start seeing a dragonfly candle coming in or it'll take a gradual upward trend in form of three white soldiers attack and if you entered the trade at around the support region with a good leverage and your order was filled, you'll be smiling at so much $dollar in your wallet.
For $ROSN holdler's this is a very good time to buy and hold $ROSN and if you're patient enough, in no time you'll be looking at your wallet with a smile on your face.
@RoseonFinance has high liquidity and so you can trade it against other pairs not only USDT but also $BNB and even $ETH and earn more, isn't this amazing ?

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ABOUT ROSEON FINANCE
Roseon Finance is a hybrid solution that bridges decentralized (DeFi) and centralized financial services (CeFi). Acting as the gateway to DeFi, Roseon Mobile is a crypto finance app, currently available in iOS and Android, that was built to help onboard new users to DeFi with its customer-centric design. As the industry continues on its high growth trajectory, developing new and faster protocols, Roseon Finance has chosen to take a different approach, to prioritize the user experience and enterprise adoption.

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