RVN/BTC 1D (Binance Spot) Falling wedge breakout & on support
#Ravencoin has been retracing for a long time now, a move up seems to be coming!
Since it broke out already and it's on big descending channel support, that looks like a good buy zone.
Current Price= 0.00000115
Buy Entry= 0.00000116 - 0.00000110
Take Profit= 0.00000128 | 0.00000144 | 0.00000162
Stop Loss= 0.00000098
Risk/Reward= 1:1 | 1:2.07 | 1:3.27
Expected Profit= +13.27% | +27.43% | +43.36%
Possible Loss= -13.27%
Fib. Retracement= 0.236| 0.5 | 0.786
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 2400h
Since it broke out already and it's on big descending channel support, that looks like a good buy zone.
Current Price= 0.00000115
Buy Entry= 0.00000116 - 0.00000110
Take Profit= 0.00000128 | 0.00000144 | 0.00000162
Stop Loss= 0.00000098
Risk/Reward= 1:1 | 1:2.07 | 1:3.27
Expected Profit= +13.27% | +27.43% | +43.36%
Possible Loss= -13.27%
Fib. Retracement= 0.236| 0.5 | 0.786
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 2400h
