MrDanaT

RVN 2 Year-Old Setup

Long
MrDanaT Updated   
BINANCE:RVNBTC   Ravencoin / Bitcoin
DISCLAIMER: This is not financial advice.

Since the beginning RVN was a strong coin averaging around 270 sats. After a bullish period, it saw a peak of 1671 sats and instantly experienced a heavy bearish period, 2 years to be precise.

From the first look, it seems like RVN's chart is following the biggest cup and handle pattern I have seen. At first, I speculated this thought when it rose to 55 sats, but I did not think too hard about it. But now I think that this might be a prediction that may come true.

Let me know what you guys train of thoughts are. I would call bullish.

RVN's price at the current moment: 120 sats.
Comment:
I did not anticipate that RVN would make a climb this quickly.

RVN's top price after my analysis: 173 sats.
Comment:
We're still on the right track.
Comment:
RVN reaching a new 6 month top of 196 sats.
Comment:
A new top of 256 sats!

That's a 500% increase since my first throught of the cup and handle pattern.
Comment:
Another one bites the dust; 528 sats!
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