Ravencoin went parabolic last two weeks and is now falling. Target drawn for Ravencoin (RVN/BTC) with a possible bottom at 470 sat.
Trade active
Head and shoulders forming. RVN broke out to form a right shoulder. Target area still in play.
Trade closed manually
Target not reached, it came close just before maintenance at Binance (8 hours offline). Top of target box 570 sat, lowest price point was 592 sat. Head and shoulders didn't work out after forming right shoulder. Unclear what will come next.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.