#rave Hey guys, RAVE is currently hovering around 0.685.
This coin shot up from 1.07 a few days ago, but the pullback has been pretty clear. We've seen a series of bearish candles lately, and it’s obvious the price isn't moving up anymore. The trading volume isn’t keeping pace either, so a short-term downtrend has formed.
I suggest going short around the current price.
Set your stop loss at 0.71.
The first target is 0.62-0.60; if it breaks below that, keep an eye on 0.55 for short trades.
Don’t overload your position, and stick to strict stop losses.
If you want to follow along and catch opportunities with me, hit that follow button so you don't get lost. Let’s make it happen! $RAVE