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Craptoo
May 25, 2019 6:27 PM

RVN ABOUT TO BREAKOUT? Long

Ravencoin / BitcoinBinance

Description

BINANCE: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

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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

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looks like RVN already broke that red line, could enter here SL bellow that red line
TP1 836 sats
TP2 899 sats

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well got stopped out on break even,
still re-entering here
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