V0VOLAN

🦅RVN- 200MA/key level/dynamic support

Long
BINANCE:RVNUSDT   Ravencoin / TetherUS
The price is consolidating and is being supported by key level, 200EMA, dynamic support and node of high volume. Doesn't seem to care about BTC dump. Although it's better to stay away and do nothing right now unless you're scalping, this might be an opportunity for a quick trade, but because of current market conditions even if the price breaks out we can expect high sell pressure right away (look at the wicks on ALGO, WAVES or AUDIO from today)

Entry: buy at current price

Targets:

local levels(red) and:

0.15034
0.16901
0.20418
0.24891
0.28932

-------------------

About RVN:

Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones.

Source: coinmarketcap




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.