UnknownUnicorn3664665

RVN/BTC Raven learning how to fly

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UnknownUnicorn3664665 تم تحديثه   
BINANCE:RVNBTC   Ravencoin / Bitcoin
We're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario).

If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.

Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance.


If we break below the last low we'll have to see how the situation unfolds then.
تعليق:
Pooooomp it
تعليق:
It's in the buy zone, let's hope it bounces
تعليق:
Nice pump so far!

If it's done with this move I guess it should find support either on that green level or that block around 0.5 fib.

تعليق:
I'd take some profit now since BTC looks like it may dump a little, which usually blows for alts.
تعليق:
That was some nice action yesterday! We're back at the next support which should hold and is good for a new play.

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