RagsToRichesRatio

RagsToRichesRatio

Price is respecting the purple zone that has been highlighted many times. It's been flipping from support to resistance on multiple occasions. It's currently resistance, and acting as a great supply zone. If price breaks above $17.50, and then quickly reverses back below it, that will be an ideal short. Place your stop above that high that gets created, first...

RagsToRichesRatio

LTC is still holding it's bullish structure, forming a possible 12 hour higher low compared to the last 12 hour low at $124.3 (thick white line). Price also recently took out the previous hourly lows (thin white line) as outlined by the circle. I'm waiting for price to pullback as shown toward $125 - 126 and hopefully starts to bounce from there for some...

RagsToRichesRatio

B3 may be forming a 12 hour higher low. Potential hourly falling wedge, which only has 2 touch points. Waiting to see if there will be support near the 0.0100 level which is both a psychological level, and the lower support line of the wedge. Ideally, looking for price to break below and flush down quickly under 0.010, and then recover back above into the wedge....

RagsToRichesRatio

Hi all, wishing everyone lots of happiness and love! Sushi has been in a daily downtrend since the 9th of November. However, it has now broken above the downtrending resistance line on the 4hr chart, which has been suppressing price as shown in the image. The price is pulling back toward the resistance line. If price comes back and HOLDS it as support, this will...

RagsToRichesRatio

Hi all, wishing you a fantastic day! There is a falling wedge forming on SHIBUSDT on multiple timeframes. I like the clarity on the 12hr chart. Falling wedges tend to break out to the upside, rather than breaking down. However, price is getting close to the support line while most of the market is in a downtrend and a state of fear and so I am leaning toward a...

RagsToRichesRatio

Hi everyone, I hope you are all doing well. I am obsessed with low risk high reward spots. XTZ seems to be providing us with a potential opportunity. This is a low probability play, but the reward is well worth it. XTZ both likes to bounce from oversold RSI levels on the daily, and also is more prone to double bottom with its price compared to other coins. It...

RagsToRichesRatio

Hi everyone, I hope you're all doing well. In this post, I am highlighting a very low risk high reward play on DOGEUSDT. On the weekly timeframe, the price has been tightening since 19th of July. You can potentially argue the $0.1599 price was a double bottom with the $0.1632 low from 21st June. Price has ben tightening for a minimum of 4 months which means...