Hello, RVN was one of the best performers in recent weeks and i think it may sell off soon.
im taking 2x leverage short at the resistance(green zone), for now without stoploss but will put one once i see the reaction at the potential resistance.
Dyor, and only invest what you can afford to loose.
PS.: Crypto is a bubble.
im taking 2x leverage short at the resistance(green zone), for now without stoploss but will put one once i see the reaction at the potential resistance.
Dyor, and only invest what you can afford to loose.
PS.: Crypto is a bubble.
Note
atleast im hoping for a test of the green zone, altho RVN already went pretty close to the red resistance which may already count as a resistance test. top maybe already happened and its only downhill from here. If that is the case i wont enter a rvn position. Note
nearly 100mil open interest on a 750mil coin, lol.i believe whales are shorting this heavily.
coinalyze.net/ravencoin/open-interest/
not in a position yet but hopefuly in some minutes...
Trade active
oops i did it again xD
(its propably still to early to say this was the top but this looks good)
Note
putting sl at entry for nowNote
oh by the way, RVN will propably tank sub 0.03 in the coming weeks...so my profit targets are low.Note
closed my short and looking to reenter after a correction.
Trade closed: target reached
altho didnt call a target, but will close this as this was a success
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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.