Ravencoin has Bounced once from this Logscaled Gartley and failed to Breakout of the Channel and now maybe looking to come back down to the PCZ and hopefully hold on to a Double Bottom. However, before RVN can even come back down to the PCZ it must first breakthrough the Heartline of the Parallel Channel on which it currenly so happens to be resting. Due to a smaller Bullish Shark Visible on the 1 hour at it's current price level there is an elevated chance that RVN may not come all the way back down to the Gartley PCZ and instead confirm opt a Higher Low here at the Heartline to make a rush for the AB=CD targets of $0.21-$0.42
Here is a screenshot of the 1 Hour Shark For Reference:
Hey Guru, what is your opinion for APHRIA INC / USD now. have you seen this bottomed ? any chart to share please. thank you in advance.
RizeSenpai
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@FlyingDutchman100, It's never really been one of my favorites of the weed stocks to trade but given it's current location and the Bullish Divergence on the chart i'd say if you wanted to take a chance that it wouldn't be a bad idea to take a chance on it the next time it goes over it's current trendline it could atleast go up to 8 dollars really fast from there i'd think:
FlyingDutchman100
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@RizeSenpai, thank you Guru.. What about aphria please..