Priceline of Ravencoin / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for...
Priceline of Ravencoin / Bitcoin cryptocurrency is forming a bullish Shark and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets Buy between: 0.00000357 to 0.00000353 Sell between: 0.00000363 to...
Ravencoin looking ready for a nice move! Falling wedge and horizontal support level is exactly want to see to snag a buy, also a trendline supporting the idea. These opportunities can create 50+% chances- it is important to get in and out for the move, as generally the chart is still in an overall downtrend. To re-cap -Wedge -Support level -Trendline -Fractal...
Hi! RVNBTC has approached the target as shown in my recent post. Now we see a bounce from the support line of the triangle on the monthly chart. Here we are aiming for the upper line of the triangle or the line combining the 0.5 of the height of the triangle and the area where the support and resistance zones are colliding. Patient traders will wait until the...