BINANCE:RVNBTC showing very positive signs for possible new up move,
buyers stepped in on the support area, with higher lows and a break out above the down trendline. Those signs suggest a potential up move.
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It's been a while since I did not look upon RVN after being disattached from the group for some time.
It seem when the hidden moves will soon let us now where is Raven birdie is going to when Bitcoin is on idle speed.
And i'm back !
Well that went fast for RVNBTC. 2 main short added to my actual position.
What to expect now ? Well, wave 4 MIGHT be done, if we push higher ( above 210 ) i will have to modify my EW a bit for the blue and red trend. But for now im confident we did a top at 209. RSI(21) on my TA is already hitting a good top with a bear div on every time...
And im back with more EW.
So, plan is going on well ! We are actually in the small impulse wave ( red ) looking at a POSSIBLE bounce up after hitting the 168% fib ( on the red impulse wave3 once again ). IF we do confirm this target we can start the correctiv wave up 4. This Wave 4 have for target 23.6% fib retrace = 187sat or 38.2%= 201sat ...
Hello everyone, I'm back with a update of my EW work ! So far everyhting is looking pretty good.
On my side Big (White) wave 1-2 is completed, i am now looking at the smaller wave ( blue ) a bit early to say but im confident that we just did are small wave 2 correction. We can start looking at target W3 ( blue ) around 186sat ( 161.8% FIB some targets are going...
Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
RVN is on the verge of a breakout. The breakout here could lead us to almost 74% pump to the previous Highs. My plan is to accumulate on Spot.
This is my first time making an analysis this way after watching a lot of videos about technical analysis.
My idea elaborates my view on the support and resistance levels and possible entry levels for trading with the helpful use of the ATR indicator
we can see that the market on the Daily timeframe is on a Downtrend braking multiple Lower-Lows with a slightly...