RATS analysis
On the daily chart, RATS shows a long positive line with short upper and lower shadows, with an amplitude of more than 20%, and the trading volume is basically the same as the previous day. The MA30 line continues to maintain an upward trend, and the upward momentum of MACD above the zero axis is also increasing.
The body of the positive line has engulfed the previous day's negative line, and the trading volume is basically the same, indicating that there may be a continued upward breakthrough trend next. However, it should be noted that the blue line represents the neckline, which constitutes a large pressure level. The previous two breakthroughs at the red circle position were unsuccessful, so when reaching this position in the short term, the long orders of the contract need to pay attention to stop-profit, wait for the breakthrough and retracement confirmation before considering entering the market.
For spot holders, they can continue to hold, because short-term pullbacks will help to better rise in the future.
If the breakthrough is successful, the target can continue to look at around 21,000.
