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📌 Triangle RVN
🔹Analytics: I expect the break of the counter-trend line, the break will give a good setup for an upward movement!
Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.
RVN will make a move soon. it hasn't been doing much other than sideways movement for the past few days. It has found support on the red trendline shown on the chart, and that could work as a decisive support level
Keep an eye on this.
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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...
Fortunately on Friday I found RVN when the price was $0.11 and during one day I got 155% profit on it. Yesterday I closed it and today at 0.17$ I got one more position. Wave 5 still is available to make great profit.
The last point is $0.82. I hope you can enjoy the profit.