Ravencoin / Bitcoin
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SoT Chartoff - week 2 - RVN

216
Relevant on the monthly:
- volume going up, price going up

Relevant on the weekly:
- price was moving up, but than volume died and price also coming down
- broke out of longtime downwards trendtwo weeks ago

Relevant on the daily:
- Price going down, volume going down => this move is getting exhausted, price should go back up
- distribution almost exhausted? Should wait and see how we exit the daily wedge

Relevant on the 4H
- trying to break through downwards movement, distribution ending?
- not sure what to make of the volume

Relevant on the 1H
- by looking at volume, can see downwards pricemovement is getting exhausted
- there is a trendline which still acts as resistance, broke through once but could not gain it
Dagangan ditutup: sasaran tercapai
I reached my targets, but my entry was too high. Knew that as soon as I submitted... I know this is something I need to work on, finding the best entry. Hopefully better next time!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.