RVN preparing to launch for a 70% move (part two) Long

Ravencoin / BitcoinBinance

Description

⋅ Nov 12, 2019 12:44 AM

RVN looks really good for a bounce in the coming days/weeks.

Bullish divergences, slowing selling momentum, volume showing signs of accumulation, all indicating a bounce is just around the corner.

Entries in the 327-320 area.

Targeting:
1. 409 for a 25% move in the near term
2. 559 for a 70% move in the medium term

Daily candle close below 290 or any kind of new low from here would invalidate the trade.

Previous 50% move on RVN:

Comments

VBPMR12

⋅ Nov 15, 2019 11:24 PM

Hey eyupium any update on rvn again in these bear market days

Gnome73

⋅ Nov 12, 2019 12:51 AM

I hope your right - I mined a bunch of RVN and its been sad to see it in steady decline over the last couple of months