Just a quick chart to show some of the support areas for RVN.
Some thoughts
- 530 Sats is the only area that was tested twice
- 530 Sats is also at the 68 retracement range
- 4 hour MACD has crossed bearish
- Daily RSI will be out (14 bars) in a day or two so if it does manage to stay at current levels or moves up from there it will be severely overbought
- 4 hour RSI has fallen below the trend line although not very established since it just got listed
Some thoughts
- 530 Sats is the only area that was tested twice
- 530 Sats is also at the 68 retracement range
- 4 hour MACD has crossed bearish
- Daily RSI will be out (14 bars) in a day or two so if it does manage to stay at current levels or moves up from there it will be severely overbought
- 4 hour RSI has fallen below the trend line although not very established since it just got listed
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