Ravencoin / TetherUSUpdated RVN descending wedge
There is a descending wedge on RVN on the hourly. RSI is currently around 32. A nice reversal up to .07725 is possible, but I will look to take profit at .0712 (resistance level from 9/12). Adding to position at .0745. Invalidation below .052.
Note
*error in the article. adding to the position at .0545
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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.