RVN/BTC just hit Dangerous 9.618 extension: Raven to pullback ?
Raven has been flying beyond all resistances.
Calling the top on this beast will be near impossible
But it has just hit a 9.618, often a move ending event.
Lets see how this goes... am still holding some bags.
If this pulls back some, maybe it will give me clues.
We need a controleld retrace, or a crash is impending.
I can imagine a "blow off top" that spikes above the 9.618 then collapses.....
Calling the top on this beast will be near impossible
But it has just hit a 9.618, often a move ending event.
Lets see how this goes... am still holding some bags.
If this pulls back some, maybe it will give me clues.
We need a controleld retrace, or a crash is impending.
I can imagine a "blow off top" that spikes above the 9.618 then collapses.....
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