RVNBTC: 5th wave - fractal break-out targeting 2400
Dear trading enthousiast,
I have been following Raven closely the past few days. It is in the top-10 volume on Bittrex for the past few weeks now, so something is brewing.
Looking closer you can see Raven is currently printing a fractal correction pattern of the 2nd Elliot wave and could break-out in a day or two.
I think the target for the 5th wave is in the 2400 region.
Love to read your comments!
TheNDK
This chart is just for your entertainment and not financial advise.
I have been following Raven closely the past few days. It is in the top-10 volume on Bittrex for the past few weeks now, so something is brewing.
Looking closer you can see Raven is currently printing a fractal correction pattern of the 2nd Elliot wave and could break-out in a day or two.
I think the target for the 5th wave is in the 2400 region.
Love to read your comments!
TheNDK
This chart is just for your entertainment and not financial advise.
Trade active:
The fractal idea didn't play out. We are breaking out of the falling wedge to start wave 5.