🔥 The bears had three candles to smile about, but the fourth $RVN said otherwise.
The 15m candle closed at 0.001716, and the low of 0.001639 wasn’t broken again.
⚡ The MACD histogram flipped from below zero to green— all four oversold-recovery conditions are lit up.
But don’t get too excited about the bulls on the higher timeframes:
1h, 4h, and 1d are all pinned beneath the bearish cluster. A scan across 5 timeframes shows 2 bullish signals versus 17 bearish ones—a total mismatch.
So I’m placing a small order here: long at 0.001639, stop loss at 0.001637—a -0.1% risk.
⏳ If it doesn’t fill within 20 15m candles, I’ll cancel it.
Until the higher timeframes turn bullish, this isn’t bottom-fishing; it’s just trying to catch a quick bounce.
🧐 What if the price takes off before I get a chance to enter?
⚠️ Technical analysis is for reference only and does not constitute investment advice.
#RVN $RVN
The 15m candle closed at 0.001716, and the low of 0.001639 wasn’t broken again.
⚡ The MACD histogram flipped from below zero to green— all four oversold-recovery conditions are lit up.
But don’t get too excited about the bulls on the higher timeframes:
1h, 4h, and 1d are all pinned beneath the bearish cluster. A scan across 5 timeframes shows 2 bullish signals versus 17 bearish ones—a total mismatch.
So I’m placing a small order here: long at 0.001639, stop loss at 0.001637—a -0.1% risk.
⏳ If it doesn’t fill within 20 15m candles, I’ll cancel it.
Until the higher timeframes turn bullish, this isn’t bottom-fishing; it’s just trying to catch a quick bounce.
🧐 What if the price takes off before I get a chance to enter?
⚠️ Technical analysis is for reference only and does not constitute investment advice.
#RVN $RVN