Long
RVN/BTC TA Update (new accumulation phase?)

RVN/BTC
RVN broke yearly long key support area at 270 sat level with this, a new market structure is going to be re-established.
The bullish side here is RVN is going to respect this huge descending channel which by technical should break to the upside in the future.
It is a long way to go as the market is full of fear and blood in the street.
But this is a good chance for long term investors to start looking for high quality and high reward altcoins.
RVN broke yearly long key support area at 270 sat level with this, a new market structure is going to be re-established.
The bullish side here is RVN is going to respect this huge descending channel which by technical should break to the upside in the future.
It is a long way to go as the market is full of fear and blood in the street.
But this is a good chance for long term investors to start looking for high quality and high reward altcoins.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.