Craptoo

RVN ABOUT TO BREAKOUT?

Long
Craptoo Updated   
BINANCE:RVNBTC   Ravencoin / Bitcoin
RVNBTC
Placing order at that EQ of that Order BLock (595) for potential 50% gain
Stop at 555 (6% loss)
Enter with small position because of large SL
Trade active:
After looking on Daily time frame, i decided to adjust the buy zone (566-645) based on that order block.

Started to laddering in from here.

SL still bellow that local low (555)
Comment:
looks good
Comment:
So... RVN goes lower to that order block and bounced. and on hourly it close bellow that red line(daily resistance). the play is to wait for a retest on 655 sats. kinda have a mix signal here. not sure if it will break that red line
Comment:
looks like RVN already broke that red line, could enter here SL bellow that red line
TP1 836 sats
TP2 899 sats
Comment:
well got stopped out on break even,
still re-entering here
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.