blloyd

End of profit taking in #Ravencoin $RVN bounced off 2018 high

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BINANCE:RVNBTC   Ravencoin / Bitcoin
The Parabola seen here is a common and fairly reliable bottoming pattern. Bouncing off the high of the previous price surge is also a common and reliable bottoming pattern as resistance becomes support. It is bullish when you see that buyers and sellers are coming into balance above support.
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