WiseAnalyze

RVN only starting to grow

Long
BINANCE:RVNBTC   Ravencoin / Bitcoin
I didn't take part in any of those magnificent 320% growth RVN showed lately. Just couldn't believe it will keep on growing. Now that it finished its retracement I'm ready to jump in. I already had my order set for 703, but that night it fell only till 707... only 4 satoshi and my f**king greed seperated me from 10% profit I would have by the time I woke up. Ok, there are still plenty of profits waiting ahead. Check out day chart below.


When you see an open range use fibonacci to estimate how far the price will go before the next stop. In this case I see pretty good possibility to see another 100% profit. Maybe even more. Surely it is not guaranteed yet, as the price has to lift above 800-830 resistance zone. It will be like exit of Earth gravitation and entering space with no gravitation at all. Once the price exit this resistance channel we will see it fly to the moon.

Right now I have buy orders around 766 zone which should be a bounce area. And my target is 1500 (= ~100% profit). Not less.

Remember - this forecast is valid only for the option when price gets over 800-830 zone. Otherwise RVN will bounce back to 700-730 zone.

Good luck with your trades. Push like if you like my work. It will help me a lot,

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