RVN/BTC 12H (Binance) Descending parallel channels on support
Ravencoin is facing strong support right now, we can expect a good bounce towards mid-line soon.
Accumulation is about to end after almost a year ranging, better be prepared!
Buy Entry= 0.00000198 - 0.00000188
Take Profit= 0.00000224 | 0.00000242 | 0.00000273
Stop Loss= 0.00000162
Risk/Reward= 1:1 | 1:1.58 | 1:2.58
Expected Profit= 16.06% | 25.39% | 41.45%
Possible Loss= -16.06%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Accumulation is about to end after almost a year ranging, better be prepared!
Buy Entry= 0.00000198 - 0.00000188
Take Profit= 0.00000224 | 0.00000242 | 0.00000273
Stop Loss= 0.00000162
Risk/Reward= 1:1 | 1:1.58 | 1:2.58
Expected Profit= 16.06% | 25.39% | 41.45%
Possible Loss= -16.06%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Trade active
Already +10%, keep holding!Trade closed: target reached
TP1 with +16.06%, that's 80.30% using 5x Margin Leverage 🤑Told you to hold guys, now facing small channel resistance, but in case of breaking it road to higher targets!
Trade closed: target reached
TP2 hit with +21.61% from 199 sats, +24.74% from 194. That's almost 100% profit using 5x, enjoy!
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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.