Ravencoin (RVN/BTC) pointing to loose 50%

By bitkoers
Updated
Ravencoin went parabolic last two weeks and is now falling. Target drawn for Ravencoin (RVN/BTC) with a possible bottom at 470 sat.
Trade active
Head and shoulders forming. RVN broke out to form a right shoulder. Target area still in play.
Trade closed manually
Target not reached, it came close just before maintenance at Binance (8 hours offline). Top of target box 570 sat, lowest price point was 592 sat. Head and shoulders didn't work out after forming right shoulder. Unclear what will come next.
Trend Analysis
bitkoers

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