RVNBTC Currently on the DownTrend and reasons why
The chart is pretty self explanatory and I charted this a few days ago and watched it respect the red trend lines and eventually today break the wedge on the same side. I thought I would send this out to all the RVN holders.
It has lost the 636 weekly support and will currently try and come up and first touch on the weekly 613 level and try and hold support there and move sideways out of this trend. It has done this a couple times previously so expect it to do it again and then create a new wedge.
Make up your own minds on whether to hold/Buy/Sell your RavenCoin :)
It has lost the 636 weekly support and will currently try and come up and first touch on the weekly 613 level and try and hold support there and move sideways out of this trend. It has done this a couple times previously so expect it to do it again and then create a new wedge.
Make up your own minds on whether to hold/Buy/Sell your RavenCoin :)
Commentaire:
So Raven broke its trend.... it touched past the 636 resistance level and will find support on 613... 636 is still its current target and then onto 680.