RVN: The Black Chicken

Wanted to chart Raven here, there has been a lot of moves made with this coin throughout 2018.

I have had some small bids fill around the 380 level, as 355 sats is acting as a nice level of support. Some resistance around 500 sats, for now it appears to be ranging between 355 - 500

I could see the 355 support breaking down if the market takes a significant downturn, and am somewhat neutral with RVN where it is. In terms of taking a bigger position, I would wait to buy a dip or trade off the breakout, you may end up bag-holding if you load up in these ranges. Not to say it won't go up from here, that is a possibility, but the price action as been a little lacking recently.

No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.

Disclaimer: I am not a financial advisor, and this should not be considered in any way finance advice. Never invest more than you can afford to lose. I am just a Dragon.
Beyond Technical AnalysisBitcoin (Cryptocurrency)blackBTCChart PatternschickenrvnTrend Analysis

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