Ravencoin (RVN) Breaking Downtrend After New Low
Updated
RVNBTC (Ravencoin) has been going down forever, literally.
A new all-time low was hit 2-Jan. and finally, we are seeing some positive signals.
These are early signals as the daily candle is yet to close, but a close above 0.00000046 (EMA10) will signal strength for Ravencoin.
I've mapped some targets for you directly on the chart.
This is a low-risk setup with our strategy.
It also has huge bullish potential.
Thanks for reading.
Namaste.
A new all-time low was hit 2-Jan. and finally, we are seeing some positive signals.
- The RSI was completely oversold and is now coming up strong.
- Prices are moving above EMA10.
- Green/Bull volume is finally starting to show up.
- The MACD is also starting to turn.
These are early signals as the daily candle is yet to close, but a close above 0.00000046 (EMA10) will signal strength for Ravencoin.
I've mapped some targets for you directly on the chart.
This is a low-risk setup with our strategy.
It also has huge bullish potential.
Thanks for reading.
Namaste.
Note
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