$RCAT can be extended as long as the November low holds. However, an interesting pattern is already emerging in the c-wave of (b): five identifiable upward movements suggest that the current price could test this support. For traders, the question remains whether the support will hold or give way – which is crucial for the next direction of movement.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
5
Repost
Share
Comment
0/400
BottomMisser
· 01-07 15:15
Whether this wave of RCAT support can hold up is really the key. It feels like if the November bottom can't be defended, it's game over.
View OriginalReply0
ForkThisDAO
· 01-07 08:16
Is support really that important? It feels like we're always betting on it.
View OriginalReply0
bridge_anxiety
· 01-05 22:03
If the support doesn't hold, I'll accept the loss. Anyway, I didn't make much profit on this wave.
View OriginalReply0
RektCoaster
· 01-05 22:02
I just want to see how long this support can hold... Five-wave upward movement is an old trick.
View OriginalReply0
GasFeeCrybaby
· 01-05 21:46
Support is a bit uncertain. If it breaks below the November low, caution is needed.
$RCAT can be extended as long as the November low holds. However, an interesting pattern is already emerging in the c-wave of (b): five identifiable upward movements suggest that the current price could test this support. For traders, the question remains whether the support will hold or give way – which is crucial for the next direction of movement.