🚀😝$RVLT #RevoltToEarn #revolt2earn Short-Medium Term Trade😝🚀
While RRVLT, the governance token for the "Revolt 2 Earn" DAO, is still very new in its lifespan, there seems to be a great long trade set-up here. RRVLT is the sister token to CCULT, the governance token of the Cult Dao. This is a trade set-up I, personally, have been waiting for very adamantly. I will be personally holding most of my RRVLT much longer-term, however there is a great set-up here for a possible 3X-5X return on a short-term to medium-term long.
Assuming that the entire market doesn't crash down to nothing-ness, then this long should potentially hold up very well. RRVLT has broken out of the narrowing, descending channel that it has been in for the past month. This could result in some short-lived sideways movement, followed by a reversal in (Short-term to medium-term) trend. This coincides with the both RSI's sitting at very oversold levels, adding more confluence to this trade idea.
My personal best buy price is $0.0000000781. However, any buy within the range between $0.0000000662 & $0.0000001095 would be a great buy-in price, with a SL below the previous swing-low. TP range for a 2X-3X return would be anywhere between $0.0000001738 & $0.0000002338, and a 4X-5X return would be anywhere in the range between $0.0000003837 & $0.0000004394.
**This is my opinion, based on my own interpretation of chart data, and is not financial advice of any form.**
Assuming that the entire market doesn't crash down to nothing-ness, then this long should potentially hold up very well. RRVLT has broken out of the narrowing, descending channel that it has been in for the past month. This could result in some short-lived sideways movement, followed by a reversal in (Short-term to medium-term) trend. This coincides with the both RSI's sitting at very oversold levels, adding more confluence to this trade idea.
My personal best buy price is $0.0000000781. However, any buy within the range between $0.0000000662 & $0.0000001095 would be a great buy-in price, with a SL below the previous swing-low. TP range for a 2X-3X return would be anywhere between $0.0000001738 & $0.0000002338, and a 4X-5X return would be anywhere in the range between $0.0000003837 & $0.0000004394.
**This is my opinion, based on my own interpretation of chart data, and is not financial advice of any form.**
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