Short

RVN near resistance

Updated

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.

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.

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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)

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putting sl at entry for now

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oh by the way, RVN will propably tank sub 0.03 in the coming weeks...so my profit targets are low.

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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

Symbio_X

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