RVNBTC has broke out of the important resistance zones but is not yet a bullish cow. It has to prove that the market is ready to move higher, i.e confirming the breakout on the monthly chart.

When I am looking at BTC , I am not too sure about that and it is a strong indicator usually for where the price of the altcoins are heading towards.

There is a possibility of a downwards movement from here towards the breakout zone and potentially lower. We will see where Raven is heading and will act accordingly.

thanks for reading, i wish you all a nice weekend.

-heish