Opportunity to enter Ravencoin
Ravencoin is trading above its averages, showing a moment of buying interest.
- EP Change Index, in its experimental version, alerts us. It presents a "drop" pattern (in blue) indicating that the main line of the indicator is rising above its average and approaching the 0 line, indicating the possibility of further rises.
- EP MA Diff presenting an underwater pattern (yellow zone), with the shortest averages rising and about to surpass the 0 line. It is the third underwater pattern shown by the indicator, showing an upward progression from its lows, which is indicative of that buying interest is gaining strength.
- EP Zenith below zero, about to cross the 0 line, and with its averages very close to each other, which usually precedes a price increase.
- EP ADX has broken past its midline and is trading above 0.
The situation of the indicators shows the possibility of buying.
As always, do your own analysis, manage your level of leverage and your stop-loss wisely. This is not buying advice, it is shared for educational purposes.
