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May 18, 2020 11:54 AM

RVN/BTC 12H (Binance) Descending parallel channels on support Long

Ravencoin / BitcoinBinance

Description

Ravencoin is facing strong support right now, we can expect a good bounce towards mid-line soon.
Accumulation is about to end after almost a year ranging, better be prepared!

Buy Entry= 0.00000198 - 0.00000188
Take Profit= 0.00000224 | 0.00000242 | 0.00000273
Stop Loss= 0.00000162

Risk/Reward= 1:1 | 1:1.58 | 1:2.58
Expected Profit= 16.06% | 25.39% | 41.45%
Possible Loss= -16.06%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x

Trade active

Already +10%, keep holding!

Trade closed: target reached

TP1 with +16.06%, that's 80.30% using 5x Margin Leverage 🤑
Told you to hold guys, now facing small channel resistance, but in case of breaking it road to higher targets!

Trade closed: target reached

TP2 hit with +21.61% from 199 sats, +24.74% from 194. That's almost 100% profit using 5x, enjoy!
Comments
CryptoCheck-
RVN has BOTTOMED ----> Its MOON Time
Wolfy_
Nicely done as always!
TradingOn
@Wolfy_, Thanks for the support, waiting for TP1 now!
TradingOn
@Wolfy_, I hope you held mate! Now you can take some profit.
Wolfy_
@Zblaba, I didn't jump into it because I pretty much only trade futures but I really like your charts and appreciate the effort you put into them, solid work mate!
TradingOn
@Wolfy_, thank you for that feedback, means a lot to me! :)
WHALESROOM
Yahi to QAYAMAT ha
CryptoCheck-
good idea''''
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