MarkStPeter

RVN/USD - 27% Vol. Increase - Downward Channel: Break 60% ROI

Long
BINANCE:RVNUSD   Ravencoin
Hello Traders,

As with most of the market today, we are getting a great discount on a lot of great projects.

We are seeing a very similar pattern on Ravencoins chart for the daily. As we saw in the previous weeks, RVN formed a downward channel before breaking up for over 150%+ gains.

I believe we will see a similar outcome over the next week or so after RVN has run it’s course and breaks up and out of the channel.

We should be good for a 60%+ ROI.

Risk takers, start DCAing your buy orders now and for the conservatives, look for confirmation after breaking the upper trend line.

Good luck!
Trade active:
RVN is looking really good right now. I would expect a nice push upwards over the next 24-48 Hours.
Trade active:
RVN is accumulating ATM. It's following the 25/day EMA very close right now. As long as it can hold this through the weekend, we should see a strong push to the upside.

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