The buying volume is increasing and RVN is heading to 0.14$ and 0.18$ in this June. But if it loses 0.08$ zone, it may fall down to 0.05$ zone
- Buy : 0.078-0.082$. SL if B
- Sell : 0.137-0.143$. SL if A
- Sell : 0.176-0.184$. SL if A
- Sell : 0.078-0.082$ if B. SL if A
- Buy : 0.048-0.052$ if A. SL if B
🕯Timeframe : 1 Day
RVN also hit the first place on Binance's top list.
But it was just a pump so be careful with this coin. It already hit the Bollinger and Fib resistance. It might pump a little more to the second resistance but then it's coming down. All platforms are showing a small Sell volume but it might change after hitting support.
Current Market Price: $0.075
RVN touched its supporting line and now the price is at the floor of upward channel. On the other hand RSI indicator trapped in a descending channel. If the static resistance at the price of 17.8 ¢ broken, the price of 28 ¢ is accessable for RVN; If not it will exit from bottom of channel and oscillat around 16 ¢ for a few weeks.
this alt is in a big scale sideway which has a tend to be bearish (like a 3 degree trend) anyway the chart has the potential to be pump soon which shadows in the chart calls for it and we don't want to miss such a thing as a trader or profit hunter or scalper or even a HODLER
👉This idea has the confirmation of "advanced price action"
👉For more information don't...
The price of RVNUSDT fluctuates in the range of $0.19-0.16.
Earlier, was a rising impulse was formed, which was accompanied by an increasing volume of trades.
In addition, the line of the downward trend was broken.
We recommend buying RVNUSDT to hold a long position above $ 0.3-0.4
RVNUSDT is making an ascending triangle in the 4h period. Once it is broken upwards with a good volume and after a possible re-test, it is good to open positions. Resistance and support levels are given in the graphic. This is not a financial advice.