MarketMinds

Sideways moviment on RVN/BTC

BINANCE:RVNBTC   Ravencoin / Bitcoin
Hello, traders.

RVN surges strong and drops very sharply after testing important resistance. I believe we will be sideways for a few more days.
The asset is inside a large accumulation pattern after the price brokes down an important support level. That could be a bearish accumulation pattern or a sideways movement. In a moment like these, we don't try to guess where the price is going. So we will wait for a better confirmation, Besides that we are in the middle of the pattern.

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