Oasis Network ROSE Crypto Coin Update!!! | 12 Aug, 2024

hey friends this is a hope you're well and welcome to the new update on Oasis as in my earlier videos I've been showing you that Oasis has broken out a quite long-term descending triangle on a weekly time frame chart and this was one of those videos and now if you take a look at the live chart this is about to be a daily time frame chart and here you can see that after the breakout from that triangle recently on The Daily time frame chart the price line has formed this falling wedge pattern and recently the price and is once again drop down at the support and if we switch back to the weekly time frame chart then this fall the TR Le breakout that I was showing in my previous videos after that we had a nice rally and by the way from this low to here it was almost 383 per pump but the price and could not break out this long-term resistance of 18.5 cents that has been previously breaking as support here for several weeks or months and now after the breakdown it is flipped into a resistance we got rejection and now the price and has form this falling W pattern and in today's video we will analyze this move but before starting this analysis if you are not subscribed to my channel then do subscribe it and for more trading signals you can also join me and support me as a YouTube member or as a patreon member because there I'm sharing different trading signal for you and you can find the link to join me there in the video description I've shared and if you would like to see how my trading signal work and I've also shared the link for the trading signal report for the previous month of July 2024 in the videos description you just need to open that report and if you would like to check or verify any trading signal like this the trade setup for zro you just need need to click on the link for the trade setup and it will take you to the trading views chart and on this chart you can see when I shared this signal like this trade setup I shared on 13th of July 2024 and you can also watch the complete trade setup as well like this was the buying on and the sell Targets on and the stop loss and in order to see how the price line moved after sharing this signal you need to click this button and after that it will show you how the price line moved up from the buying Zone and rallied to the sell Target zone now let me to take you to the live chart of basis and this is the weekly time frame chart first of all let me to show you the daily time frame chart and here you can see that for the past several days it is moving inside this bedge even for the S past several weeks it is moving inside this badge since after 23rd of J which 24 it is moving inside this vge and here we had a fake out but the price and reentered the veg and now recently it is once again getting boun from the support of this falling Vedge pattern at the same time you can see that tastic also entered the over Souls on and turned bullish and now price and is also following the oscillator and it is also turn bullish and this time if the price and reaches the resistance of the badge then it can hit the resistance of the red somewhere here approximately at 8.5 cents and over there we have a quite long-term resistance of 8.5 cents as well and here we will have a CR Cross of two resistance levels the resistance of the veg and this resistance of 8.5 cents if we take a look at the weekly time frame chart then you can see that this 8.5 cents this one has been previously breaking as a support here here for several weeks and as a support here and as a resistance here as well therefore again it can bre as a strong resistance however if the price breaks out this V and this is the bullish VI pattern therefore there is a probability that the price May soon break out the resistance of the V ra rather than breaking down the support and in case of breaking out the technical Target will be here at the top of the wedge that will be approximately at 18.5 and now if we take look at the technical Target for this very very massive breakout from this big and long-term desending triangle that technical Target can be here that will be approximately at 50 cents so this was the update so far I hope that you like the analysis then do hit the like and do subscribe to the channel as well and for more trading signals you can also join me and support me as a YouTube member or as a patreon member because there I'm sharing different trading signal for you and you can find the link to join me there in the videoos description I've shared take care goodbye