MattieDsCryptoLounge

RVNUSDT 4H Long setup; Bullflag after breakout of desc trendline

Long
BINANCE:RVNUSDT   Ravencoin / TetherUS
TA Explained
RVNUSDT did a full pullback to the fib 0.728 level as can be seen in the below snapshot:

After breaking the descending trenline, a bullflag is being formed, about to break out. However one more dip could be expected as well, which would give the second entry for this setup.

Trade setup
Best entries: 0.14991 -0.16440
TP1: 0.19931
TP2: 0.22581
TP3: 0.26428
SL: 0.12785
RR: 3.61
Max leverage: 1x

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