ChartCrushers

RVN Potential Breakout

Long
ChartCrushers Updated   
BINANCE:RVNBTC   Ravencoin / Bitcoin
Taking a trade on RVN right now. Bitcoin dominance has broken out of the wedge, as the proce has held up. This tells me the market is comfortable with the current supports and structures.

On this particular chart we can see a pennant, and with the drop in dominance the market may like this.

Let's see how many Satoshi's we can get out of this.

Remember to move your stoploss to entry once target 1 has been achieved. Risk management and protection of capital are paramount in a proper trading system.
Trade active:

Binance
#RVN/BTC Take-Profit target 1
Profit: 5.0767%
Period: 13 Hours 11 Minutes

I have closed 30% of this position and moved stoploss to entry. This trade is now risk free.
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