THIS PATTERN, WHICH MANY TRADERS HAVE NEVER NOTICED IS STRICTLY FOLLOWED BY $1000RATS!
The market structure of RATS is now fluctuating between 0.06927 and 0.18824. Because of this, multiple attempts to test the resistance have appeared to fail. Nevertheless, the realistic view of what might occur next is what we are presently examining. taking the two peaks of RATS since 2023 and being aware that the resistance is close at hand. It is reasonable to suppose that it will struggle to overcome this opposition. However, most would contest the fact that it has remained above the significant resistance that was previously broken in 2023. One thing that both buyers and sellers seem to agree on is that the price should undergo another adjustment before the markup phase continues. However, this is not the ultimate situation we envision. Both late longs and late shorts would probably be shook out of the market if this scenario materialized.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
