Raven had a huge rally couple months back and lately it has entered a long period of consolidation period which is actually a good thing. It tried to breakout to the upside couple times in that period but can not. Therefore one should definitly wait 1-2 candle to close above the trendline before entering any trade. Also yesterdays volume was pretty good but cant manage to breach the trendline and now volume is decreasing. Therefore caution is advised before entering this trade.
Good luck and be responsible with your hard earned money! Always watch out for opportunities but be carefull.
cup and handle on the hourly? looks good to me ! 10k in leggo
Tommy_bnks
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4 hour, so i guess we are close.
Tommy_bnks
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daily
cryptoesschie
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I came up with an ascending triangle, and I also think Raven will go up at the end of april, beginning of May.
thegreatwall38
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@cryptoesschie, it seems breakout to the upside is imminent but im not sure when or how. Thats why im still waiting before entering any trade.
Saphiretr
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it will breake out soon. up only.
thegreatwall38
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@Saphiretr, it seems every markets is going up only with all of this quentitive easing, with very low rates, going on all over the world. But i would be carefull regardless. Good luck bro!