MeowSignals - RVN/BTC Trade Call

BINANCE:RVNBTC   Ravencoin / Bitcoin
Entry: 295 sat
Stop loss: 290 sat
Take Profit: 310-315 sat
Expected Call Duration:
Call strength: low-medium
Call risk: low

Brief Summary: Because of the quickly compressing 200 (purple) range, we may set super-tight stop losses and reduce the risk to low, even if this don't pan out. The target is the upper 50 (turquoise) Bollinger Band , or the 200 (purple) moving average.

Commodity Channel Index , custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis . This is not a financial advice and you agree to take 100% responsibility.

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Trade active: The 50 (turquoise) SMA was reached and you can take the first profit here.
Trade active: We are approaching the 1H 1st standard deviation. If we break, we may re-test the local bottom around 281. Close the trade, OR remain, based on your end-goal and timeframe.


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