After seeing amazing returns in February, RVN has consolidating for almost two months, of which a month in the current triangle. Big gains were made by other cryptos, but not by RVN. Since cryptos see gains in waves, I'm assuming that soon it will be Raven's time to shine.
On the chart I've drawn a triangle, classically a bearish triangle. However, in the last couple of months we've seen virtually every bearish triangle develop into a bullish trend. So I'm assuming no different for RVN this time.
In order to trade this, wait patiently for a strong break out.
Happy trading!
On the chart I've drawn a triangle, classically a bearish triangle. However, in the last couple of months we've seen virtually every bearish triangle develop into a bullish trend. So I'm assuming no different for RVN this time.
In order to trade this, wait patiently for a strong break out.
Happy trading!
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