$RVN / $BTC: Huge consolidation range, breakout time?

업데이트됨
Raven.. everyones favourite hype pump coin.

Its been consolidation in this nice range/channel for ages..

Note that
-Huge bull div on weekly (see comments)
-Possible inverse head and shoulders or cup and handle if the handle forms (see comments)
-At the channel/range support
-Broken all diagnol resistances
-RSI could possibly cross the 50 threshold soon
노트
Bull div weekly
스냅샷
노트
Inverse head and shoulders/ Cup and handle
스냅샷
노트
Alt coins look positive, but have to be cautious of BTC and what its doing.

If BTC has extremely viotality then the alts can just dump off at anytime.

More explained on this idea here:
$BTC : Dominance chart, why its useful?
노트
Descending scallop on RVN, can lead to IHS breakout
스냅샷

Only if we hold 216- a close under that and we can dump off- or the possibility of bouncing a little lower to form the shoulder still of the IHS
노트
Nice shakeout on RVN...
스냅샷

But if you look closely we are
1. Still holding a higher low
2. Forming a morning star reversal
3. Possible 2nd Shoulder of inverse head and shoulders

스냅샷
매매 수동청산
Good result from this trade.
binanceBitcoin (Cryptocurrency)BTCChart PatternsravenrvnTrend Analysis

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