As seen on the chart, amidst the bullish market of October, Ravencoin has remained bearish indicating loss of interest by investors. It keeps forming LH and has not performed well since the start of the year. The oscillators are indicating a bearish divergence. Entry at 0.01719, TP-0.01679, SL-0.01724
Trade closed: stop reached
Opened a position early got stopped, will be looking for another confirmation to go short.
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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.