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bitkoers
Mar 11, 2019 10:29 AM

Ravencoin (RVN/BTC) pointing to loose 50% Short

Ravencoin / BitcoinBinance

Description

Ravencoin went parabolic last two weeks and is now falling. Target drawn for Ravencoin (RVN/BTC) with a possible bottom at 470 sat.

Trade active

Head and shoulders forming. RVN broke out to form a right shoulder. Target area still in play.

Trade closed manually

Target not reached, it came close just before maintenance at Binance (8 hours offline). Top of target box 570 sat, lowest price point was 592 sat. Head and shoulders didn't work out after forming right shoulder. Unclear what will come next.
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