🔥 RVN Horizontal Channel Reversal

٢٦ أبريل ٢٠٢١

RVN has been seeing consolidation since its amazing run up in March. With the most recent BTC dump, RVN found support around the $0.12 area. When connecting the highs and lows, a clear horizontal channel is visible.

This trade assumes that RVN will follow the horizontal channel in the short-term, potentially breaking out of it in the future.

Happy trading!