Ravencoin / BitcoinShort
Ravencoin/BTC Market Analysis on Support/Resistance Levels.
This is my first time making an analysis this way after watching a lot of videos about technical analysis.
My idea elaborates my view on the support and resistance levels and possible entry levels for trading with the helpful use of the ATR indicator
we can see that the market on the Daily timeframe is on a Downtrend braking multiple Lower-Lows with a slightly visible Double-Top at the Higher-High Level.
with this, we can say that the market is gonna continue on a Downtrend which creates possibilities for entries on the Short side.
My idea elaborates my view on the support and resistance levels and possible entry levels for trading with the helpful use of the ATR indicator
we can see that the market on the Daily timeframe is on a Downtrend braking multiple Lower-Lows with a slightly visible Double-Top at the Higher-High Level.
with this, we can say that the market is gonna continue on a Downtrend which creates possibilities for entries on the Short side.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.