Long
RAVENCOIN not done yet?
I mean look at this set up.
A lot of GPU miners want to keep mining. RVN has a lot of good things going for it. Plus if it follows BTC's bull cycle after each halving, then we could still have another 9 months before top. Maybe a Christmas and April. Also we missed our christmas rally last year and have had a long hard (recession priced in) bear rally. I'm feeling optimistic now for a turn around.
Remember BTC dropped from 20K to 3K then ran to 70K
RVN went from $0.20 to now $0.03 this year. Who know where it could go.
For now the only safe play for me is LONG with stop loss sub $.03 and targets $.05 $.07
But I will be holding a bag as long as I keep seeing mining activity and development on the chain.
Would love to hear thoughts and feedback!
A lot of GPU miners want to keep mining. RVN has a lot of good things going for it. Plus if it follows BTC's bull cycle after each halving, then we could still have another 9 months before top. Maybe a Christmas and April. Also we missed our christmas rally last year and have had a long hard (recession priced in) bear rally. I'm feeling optimistic now for a turn around.
Remember BTC dropped from 20K to 3K then ran to 70K
RVN went from $0.20 to now $0.03 this year. Who know where it could go.
For now the only safe play for me is LONG with stop loss sub $.03 and targets $.05 $.07
But I will be holding a bag as long as I keep seeing mining activity and development on the chain.
Would love to hear thoughts and feedback!
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