RVNUSD
As you can see in the chart, Raven Coin has resumes it’s uptrend in a big way this week, climbing above the previous three weeks highs after a prolong decline.
Also the MACD indicator is about to give us a buy signal in the weekly chart which is very bullish.
Raven Coin is no small project, it is the top 35 coin in CoinMarket Cap, with a MarketCap of $175 million dollars. coinmarketcap.com/currencies/ravencoin/
The coin just start trading in March of 2018.
In Elliott Wave terms, we have already finish Primary Wave 1 and Primary Wave 2 (which was an expanded flat), and had just started Primary Wave 3 just 3 weeks ago. The price target of Primary Wave 3 is $0.13 USD or higher, which is about 3.4 times the current price, and about 1.618% the size of Primary Wave 1. If I’m right we should hit that target within a month or so.
If we go below $0.0238 the pattern will be invalidated, so you can use that as a stop.
I also like this coin because it has proven that it can climb high even if Bitcoin and other cryptocurrencies don’t.
Good luck in your decisions
Giao dịch được đóng thủ công:
It is moving against me now. I’m out for now, but will buy it again if it climbs above $0.04 USD or at lower prices. Money management first. Out for now.