RBNUSD Ribbon Finance - Printing what resembles a Wyckoff Creek, possibly making a ST attempt.
Price is inside the 1:0.618 GW extension. If it were to discover a lower low, it could stab down slightly lower than SC support. Or perhaps a bit further: I have a 1:1 extension as potential support if a deeper ST were to occur.
With a Market Cap of 14.4M, this DeFi token could bolt on some serious capital.
Ribbon Finance is a DeFi protocol built on Ethereum that offers structured products, such as automated options strategies to generate yield for users. The RBN token is used for governance, allowing holders to vote on protocol upgrades and decisions.
-Not Financial Advice-
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.