✳️ Ravencoin Correction Has Gone For 130 Days, Long Enough...
On bullish cycles corrections tend to last between 2-3 months.
Ravencoin (RVNBTC) went bullish after the May 2022 low, hit a peak in September 2022 and the correction has been going for more than 3 months (126 days).
Yesterday a low was hit with bullish divergence on the RSI.
It is early to say that a low is in but today's bullish action is really strong and a close above EMA10 would confirm the low and that this correction is done.
After the correction follows the next bullish wave with a higher high target in place.
Bottom line, Ravencoin looks good.
Namaste.
Ravencoin (RVNBTC) went bullish after the May 2022 low, hit a peak in September 2022 and the correction has been going for more than 3 months (126 days).
Yesterday a low was hit with bullish divergence on the RSI.
It is early to say that a low is in but today's bullish action is really strong and a close above EMA10 would confirm the low and that this correction is done.
After the correction follows the next bullish wave with a higher high target in place.
Bottom line, Ravencoin looks good.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.