Ravencoin Price Movements
Back in the late 80’s and early 90’s I used to be a technical trader for commodities, mainly grains. I have been toying around with cryptocurrency for the last 6 or 7 years now, nothing substantial in the trading side, but more interested in the technology and algorithmic side of crypto.
Have been more interested in mining then anything else. Over the last several weeks I started to apply some of the technical trading methods I used to use in commodities. Some of these technical methods I used in commodities were chart patterns, like head and shoulders, volume, rsi, up/downtrend lines, resistance, support and a few other things.
If I were a betting man I would start putting some money into Ravencoin as everything I can see lead to a uptrend getting ready to happen maybe in the next few days or week.
Skepticism and not really trading crypto currency until now give me a little reservation, but if the charting mechanisms I used for commodities can be applied to crypto I’m pretty confident prices will be increasing.
Not sure if anyone in this group is a technical trader, but if you are I’d love to hear what your thoughts may be on the above.
submitted by /u/shaggy2442
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