Cryptorphic

RVN/BTC Long term Accumulation

Long
BINANCE:RVNBTC   Ravencoin / Bitcoin
Since the last 6 weeks RVN has been trading sideways holding strongly the 200 Support region/. I expect RVN to make some moves soon.
6th May is its FORK which is poised to come out with positive outcome in miner's earning.
To understand the deal you can read this : :https://minermore.com/docs/help/ravencoin_fork/

Technically the breakout above the triangle would take us to 275 sats easily. Why i am very bullish on RVN finally is that it broke above the 200D MA. The only problem is the red cluster of resistance.Very hIgh resistance to break at once. I don't think it will break at once but even if we reach that point we can make 15%+ profits without leverage.


Stay tuned.

#Peace

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