RATS another meme coin with so much growth potential. This coin went on a parabolic rise during its launch, peaking as high at 0.00068, then corrected heavily to more than 5x cheaper.
Now based on its long term data metrics, this is starting to shift already.
An RR ratio of 5x to 10x is a possible target for RATS. The light MCAP numbers will benefit for the...
From where we entered "START" on the chart, it looks like a big correction has started.
Now it seems we are in wave C of this correction. The price can go up from the green box, for wave D, to the red box.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When...
$RATS - Bitcoin Ordinals
This is an argument for a continuation upwards on $RATS
Demand is stepping in at a higher price, see circled volume spikes on right.
At the bottom you can see the Wave Trend had a continuation upward earlier in the chart at a HIGHER RSI. I believe there's plenty more room to run to break out STRONG & then possibly flips trends bullish...
