RAVENCOIN - Using Fibonacci to Map Way to the Moon! 30% Move

For those who don't know it already, I'm an ardent believer of Fibonacci and Elliott Wave Theory. Constantly honing my knowledge to further understand how these codes are embedded into charts.


Ravencoin looks promising!
A bounce is quickly approaching: 467
Next major resistance @ wave3 (236-fib level): 611 .....30%!
With a pullback to wave4 (382-fib level): 532
Big Resistance @ wave 5: 674 .....25%

Kommentar:

While we got a bounce at 467, it wasn't a bull bounce. Now it's apparently the consolidation waves 3/4.

Next support is at 453. Let's hope this is our bull bounce!