MarketMinds

Sideways moviment on RVN/BTC

BINANCE:RVNBTC   Ravencoin / Bitcoin
Hello, traders.

RVN surges strong and drops very sharply after testing important resistance. I believe we will be sideways for a few more days.
The asset is inside a large accumulation pattern after the price brokes down an important support level. That could be a bearish accumulation pattern or a sideways movement. In a moment like these, we don't try to guess where the price is going. So we will wait for a better confirmation, Besides that we are in the middle of the pattern.

Push the like button and follow us on TradingView.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.