Hello everybody According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price 1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level 2nd : The Correction was finished and now we made wave 1 and we are in...
💎Technical Analysis Summary💎 BINANCE: RVNBTC -Ravencoin is on a strong downtrend movement for the past months -At the moment, the price has reached the 1.618 Fib reverse support -It might be a good buy zone for long term investors -But for traders who are just looking for a swing position -They wait for proper confirmation or Bullish signs A big Thanks for...
RVN/USDT -pattern breakout -the indicator flashes a Long signal -trade priority is up -new immediate support at 0.020 -upside potential is up to 0.029 -key stoploss is below 0.019
RVN/BTC -Bullish local resistance breakout -Broke above 50ma and 20ma -New immediate support at 255s -Upside potential 325s -Stoploss below 50ma
RVN/BTC RVN broke yearly long key support area at 270 sat level with this, a new market structure is going to be re-established. The bullish side here is RVN is going to respect this huge descending channel which by technical should break to the upside in the future. It is a long way to go as the market is full of fear and blood in the street. But this is a...