RVN Ravencoin Long UpdateRavencoin trading plan with exact entry & exit points.
First determine the max. to invest.
My plan is 1/3 positon now (did it a week ago but now is still fine)
1/3 breach of former month high red candle.
1/3 at breakout on high volume.
Stop at 0.012. At that level I consider my thesis falsified.
Ravencoin (RVNUSD) new targer $2.05
- According to the previous cycle shows that after breaking the trendline ravencoin reached to $0.3 (log chart fib retracement target was $0.3)
- And now this time the same trend line has been broken. If history repeads (generally it does in cryptocurrency charts) this tme the same fib retracem
Superlong Ravencoin 3 year old downtred broken. While downtrend retest is possible, I don't expect for price to sit this low much longer and am looking for monster move up here.
Few more observations making this even more bullish:
200 EMA on daily chart also suggests upward PA.
nice weekly RSI divergence on BTC pair
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