Price remains stuck under key resistances with H4 trend shifting bearish!
Short-term outlook: [H4 view] I expect to see a move toward the 0.1750− 0.1800 demand zone next. 📉
Long-term outlook: That's a perfect example of a monthly chart underperforming #BTC , despite solid fundamentals. [Review my #BTC outlook] Current price is still trading under the $ 0.3800 - $0.4000 previous monthly support 🚨
Market conditions aren't favorable for long-term plays right now.
Long-term bottom could be in; it may be forming a reversal wedge structure on the monthly/weekly basis, but timing is crucial!
#ROSE #altcoins
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.