The weekly line is a small negative line with a long lower shadow. The trading volume is only about a quarter of the previous week, which is a decline and pullback with shrinking volume.
The weekly MA30 line is in a downward trend, but there are signs that it has begun to flatten out, and the MACD shows an increasing upward momentum below the zero axis.
The MA30 line is already close to the price. Next, we need to wait for MACD to approach the zero axis and cross upward, which will complete the weekly K-line adjustment. After that, the weekly trend will reverse and a new wave of weekly level pull-ups will begin.
Just hold the spot patiently without worrying and wait for the weekly level rise.
The daily line is a bullish line with short upper and lower shadows and a relatively long body. The trading volume is 50% more than the previous day, but it is still 20% less than when the big bearish line fell a few days ago. The trading volume is still a bit lacking.
The daily MA30 line maintains an upward trend, and MACD shows a weakening downward momentum above the zero axis.
In the short term, it will continue to rise at the hourly level, but the price is close to the neckline at the 4-hour level. We need to pay attention to the pullback trend after the upward surge.
There is still room for growth at the daily level, but it will be affected by the trend of Bitcoin. As long as Bitcoin does not fall, RATS will continue to rise.
Daily level pressure level 14500-15860-17400 support level 12500-11500-10700-9780-8560-7600
