Beware The Exit Of That Triangle
This triangle starts from february and the green line is a huge support. Breaking it would be an insane sell signal.
Volatility is compressed between it and the blue line, who started near the ATH. RVN tried to pass over many times but failed many times.
Moreover, the dotted black line is an interesting resistance : When the price are over, Ravencoin basically goes moonmode.
Bearish : Sell if green line breakouts
Bullish : 1. Need to get higher than blue line 2. Also get rid of that dotted black line.
Then volatility should come back.
Volatility is compressed between it and the blue line, who started near the ATH. RVN tried to pass over many times but failed many times.
Moreover, the dotted black line is an interesting resistance : When the price are over, Ravencoin basically goes moonmode.
Bearish : Sell if green line breakouts
Bullish : 1. Need to get higher than blue line 2. Also get rid of that dotted black line.
Then volatility should come back.
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