RVN has an up trend channel. it looks like bounced from the channel support. Channel support also fib 0.382 level (744). if it goes above 800 it can test the channel resistance again.
Stop loss level is the channel support.
it is not a trade advice.
Stop loss level is the channel support.
it is not a trade advice.
Note
it has a small resistance at down trend. if it goes above the resistance it is possible to test main resistance (1200). waiting to break small resistance at 810. not a trade advice
Note
Testing fib levels. fib 0.382 is tough resistance.
if it break it with volume 1000+ is possible.
Note
Tested fib 0.618 level and looking bounced. 800 possible in coming hours. Not a trade advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.