$RVN/USDT 2D (Binance Futures) Big bull pennant on support
Ravencoin revisited 50MA support and so far strong bullish reaction, let's step in.
More information about that PoW (Proof Of Work) coin / P2P (Peer To Peer) network on ravencoin.org
Current Price= 0.10890
Buy Entry = 0.10872 - 0.10132
Take Profit= 0.13573 | 0.16358 | 0.19291
Stop Loss= 0.08743
Risk/Reward= 1:1.75 | 1:3.33 | 1:5
Expected Profit= +29.24% | +55.76% | +83.69%
Possible Loss= -16.75%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 3 months
More information about that PoW (Proof Of Work) coin / P2P (Peer To Peer) network on ravencoin.org
Current Price= 0.10890
Buy Entry = 0.10872 - 0.10132
Take Profit= 0.13573 | 0.16358 | 0.19291
Stop Loss= 0.08743
Risk/Reward= 1:1.75 | 1:3.33 | 1:5
Expected Profit= +29.24% | +55.76% | +83.69%
Possible Loss= -16.75%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active
First entry filledRavencoin dipped a last time then bounced back and is nicely going up today!
Trade closed: target reached
TP1 reached with +29.24% (1x) and +1.75RRavencoin broke-out of the pennant following the plan, heading towards higher targets now!
SL updated to lowest entry (0.10132$) to secure the trade and let it fly 🐦
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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.