$ROSE UPDATE!!!
NGL: we broke the USD chart bottom structure. Time to check the market cap!!!
#ROSE has now round tripped the entire move from 2021 with its market cap!
From 46 mil to 48 mil (now)
We have clear ABC structure (as we've pointed out previously) BUT we expected the C leg to be equal to A leg (typical); We have now broken it with this recent dump.
SO...
Next logical target is 24 mil (1.618) IF this floor doesn't hold. It's another -50% dump.
BUT
Sending to 1B (to potentially 10B) is still in cards so buying the "potential" low would give you then 50-400x runner! 💪
Short term pain for long term gain!
Not FA #ROSE
