Long

Ravencoin: Looking For A Heartbeat

Updated
Ravencoin has Bounced once from this Logscaled Gartley and failed to Breakout of the Channel and now maybe looking to come back down to the PCZ and hopefully hold on to a Double Bottom. However, before RVN can even come back down to the PCZ it must first breakthrough the Heartline of the Parallel Channel on which it currenly so happens to be resting. Due to a smaller Bullish Shark Visible on the 1 hour at it's current price level there is an elevated chance that RVN may not come all the way back down to the Gartley PCZ and instead confirm opt a Higher Low here at the Heartline to make a rush for the AB=CD targets of $0.21-$0.42

Here is a screenshot of the 1 Hour Shark For Reference: snapshot
Trade active
Note
snapshot
Trade active
Bullish GartleyBullish SharkChart PatternsDouble BottomHarmonic PatternsheartlinelogscalelogscaleharmonicsravencoinRVNUSDRVNUSDTTrend Analysis

Also on:

Related publications

Disclaimer