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FieryTrading
Feb 22, 2021 5:52 PM

🔥 RVN Correction Inbound Short

Ravencoin / TetherUSBinance

Description

RVN has been one of the biggest winners of the last month, seeing crazy returns almost daily. Since it hit the ATH around 0.29, RVN has been declining however. RVN is severly overbought, no denying that. Combined with the bearish correction that Bitcoin is currently facing, RVN is well on its way to fall even further.

On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence.

Happy trading!
Comments
TopTradingSignals
already a breakout! now pullback and long!well done!
FieryTrading
Stargazer_fx
great job mate
caldooninvestment
Nice support lines pointed out! Thanks for sharing
ProSignalsFx
where is your sl?
FieryTrading
@MountainTraderFX, dotted blue line, SL hit.
ProjectSyndicate
nailed it once again. keep it up!
FieryTrading
TheSignalyst
Nice Fiery
FieryTrading
@TheSignalyst, appreciated man
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