$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...
Summary:
In this trade proposal, we observe a divergence in the MACD (Moving Average Convergence Divergence), combined with the formation of a bullish triangle on the price chart. This combination suggests a potential buying opportunity in the analyzed asset.
Technical Analysis:
MACD Divergence: A bullish divergence has been identified in the MACD, where the...
