🔥 RVN Horizontal Channel Reversal

RVN has been seeing consolidation since its amazing run up in March. With the most recent BTC dump, RVN found support around the $0.12 area. When connecting the highs and lows, a clear horizontal channel is visible.

This trade assumes that RVN will follow the horizontal channel in the short-term, potentially breaking out of it in the future.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsParallel ChannelrvnTrend Analysisusdt

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: fierytrading.com
Also on:

Related publications

Disclaimer