weslad

Ravecoin Trading opportunities

Long
weslad Updated   
BINANCE:RVNBTC   Ravencoin / Bitcoin
Ravecoin has been on correction and this still continue till we have a test on at least 61.8% fib level or 78.6% level.

The correction took falling wedge pattern and the pattern may terminate at the end of 61.8% fib level where I have my buy zone suggestion.

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active:
Breakout from the descending channel

Trade active:
Completed 5 impulsive waves and its starting the correction right away.

Trade active:
Down move continue as price move to test the base level of falling wedge pattern.


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