RVNBTC 1D long setup after breaking out of two falling wedges
Güncellendi
TA explained
RVN broke out of a smaller falling wedge at the end of a big falling wedge which exists for a long time already. This had a fake out it must be said but because of the smaller wedge being broken I feel confident for this setup. After the breakout it successfully retested the broken trendline and is now ready to move up.
RVN is know for its steep impulses so once it gains enough strength it can go high in a short period of time.
SL is below all time low and which was confirmed at the beginning of this month.
This pair can be traded in margin with up to 3x leverage.
Trade setup
Best entries: 0.00000213 - 0.00000223
TP1: 0.00000260
TP2: 0.00000320
TP3: 0.00000390
SL: 0.00000184
RR: 5.03
Max leverage: 3x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
RVN broke out of a smaller falling wedge at the end of a big falling wedge which exists for a long time already. This had a fake out it must be said but because of the smaller wedge being broken I feel confident for this setup. After the breakout it successfully retested the broken trendline and is now ready to move up.
RVN is know for its steep impulses so once it gains enough strength it can go high in a short period of time.
SL is below all time low and which was confirmed at the beginning of this month.
This pair can be traded in margin with up to 3x leverage.
Trade setup
Best entries: 0.00000213 - 0.00000223
TP1: 0.00000260
TP2: 0.00000320
TP3: 0.00000390
SL: 0.00000184
RR: 5.03
Max leverage: 3x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Not
Target 1 was reached with about 19%. Remainder of the position was closed afterwards.
Feragatname
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