Around two months ago I made an analysis on ROSE and the bearish move I was expecting.
Since then, ROSE has fallen another 60% or so. In my view, we're now inside an area of accumulation. Obviously we can still fall (or rise) double digits, but I think the majority of the pain is behind us for most alts.
I'm expecting the remainder of the year to become one big accumulation phase for the next bull-cycle.
Since then, ROSE has fallen another 60% or so. In my view, we're now inside an area of accumulation. Obviously we can still fall (or rise) double digits, but I think the majority of the pain is behind us for most alts.
I'm expecting the remainder of the year to become one big accumulation phase for the next bull-cycle.
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