Technical analysis by BTC-fire about Symbol ROSE: Buy recommendation (3/8/2022)

BTC-fire

looking for long term investment coin? here it is.Fundamentally,Rose blockchain is still undervalued with low market cap at 762 million right now at #87 rank.expecting potential to reach up to 5 billion cap at least which is 7x capital from here.high expectations?!Avax is currently 20 billion !!Technically, - On 1W Time frame it is so clear to recognize the main trend through the parallel channel.- Rejected to hold on Mid channel support through the last week candle (spike).- Price trying to hold on EMA 50 but it will be broken down soon.- we still on a downtrend till we reach the bottom.- buy later at the bottom of channel under 15 cents.- sell 1 dollar after that, but need to be patient ( long term holders).BUY:✅ 10 -13 CENTS✅🎯TARGETS:1- 0.312- 0.453- 0.604- 0.745- 0.896- 1.007- 1.10💵 Trade Size: 5% of Portfolio🚫Invalidation(SL): 0.093