RVNBTC hits the support of channel | Upto 285% profit potential
The priceline of RavenCoin cryptocurrency is moving within an up channel and making higher highs and higher lows.
Now the price action has touched the support of channel again after Feb 2019.
Every time when simple moving average 7 crosses down the price action then price action gets strong bullish and makes new high and this time the MA 7 is again touching the priceline to cross down the candle sticks again.
In the meanwhile the MACD has turned weak bearish from strong bearish and soon it will be turned bullish.
The stochastic is in oversold and has given bull cross.
Even though the priceline is epected to make a new high but I have defined sell targets using Fibonacci method and these sell targets are as below:
Sell between: 0.00000807 to 0.00001302
Regards,
Atif Akbar (moon333)
Now the price action has touched the support of channel again after Feb 2019.
Every time when simple moving average 7 crosses down the price action then price action gets strong bullish and makes new high and this time the MA 7 is again touching the priceline to cross down the candle sticks again.
In the meanwhile the MACD has turned weak bearish from strong bearish and soon it will be turned bullish.
The stochastic is in oversold and has given bull cross.
Even though the priceline is epected to make a new high but I have defined sell targets using Fibonacci method and these sell targets are as below:
Sell between: 0.00000807 to 0.00001302
Regards,
Atif Akbar (moon333)
Penafian
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