RVN is one of the few tokens who I think is nearing the end of its technical bear market. Even with the most recent bearish news hitting the markets, RVN appears to be unstoppable and is trading near a long-term resistance.
For the coming week, this resistance is key. For the bulls, the ideal scenario would be for the price to break out, retest the resistance as support, and move back up towards $0.10 and beyond. RVN might pull off what LINK pulled off last bear market, namely being one of the few tokens which continues to gain during a stressed market.
The bearish case is clear; a reversal from the top resistance and a move back down towards the bottom support of the channel.
For either way, be patient and wait for confirmation of the trend.
So they say if it doesn't go up, it'll go down... That way they're always right Then they tell their followers I told you so😂 Subscribe for VIP
Vibranium_Capital
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@KapitanBee, you guys are so sad. theres always two outcomes. why have bias? just trade the rejection or breakout. keep spreading hate. thats all you can do. @WaltrAlexander@learning_Stage
WaltrAlexander
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@Vibranium_Capital, I’m calling out anyone who does this. This how all these con artists sell their “signals”. Con artists will chart two scenarios and say “see I told you” and the new traders eat it up. Con artists get mad when they get called out. It’s hilarious.
Vibranium_Capital
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@WaltrAlexander, nah. I set long and short triggers all the time I could care less which breaks first. I will profit from break. Keep spreading hate
WaltrAlexander
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@Vibranium_Capital, That’s what all you con artists say when you get called out. I respect any trader on here besides the con artists selling their signals.
FieryTrading
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@WaltrAlexander, What @Vibranium_Capital capital describes is correct though? Waiting for confirmation of the trend & setting up long/short triggers is most of the time a safer bet than to market buy/sell right into an important support/resistance. Seeing your profile you engage in the market as well, so this should sound familiar to you. Best of luck🙏
Vibranium_Capital
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@FieryTrading, he’s a clueless hater that sounds angry in life. We should not try to convince him how to strategize anymore. Lost cause. Keep up the good work
WaltrAlexander
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@Vibranium_Capital, Y’all have formed a cult here. I see the same signal Con artists commenting and defending each other.