RVN is at the bottom of the descending wedge, it should at least recover to the top around 320 sat. RSI and Stoch indicate we're extremely oversold and hitting a double bottom here from when it was listed on Binance where it pumped 5x
Note
Target reached 320 satNote
13% profitTrade active
Buying in as we approach the upper limit of the descending wedge, high R/R. Lower risk would be to wait for the break of the upper limitTrade active
Each Fib is a target, first target 342 sat, second target is 400 satTrade active
Crossing upper limit, BULLISHTrade closed: target reached
2x profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.