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Ravencoin

Ravencoin (RVN) forming bullish Gartley for upto 15% pumpHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN) with US Dollar pair. Previously RVN broke down the potential reversal zone for a while, but recovered soon and pumped more than 24%. Now on a 2-hr time frame, RVN is about to complete a bullish Gartley move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
✴️ Ravencoin Long-Term (385% to 666% Potential)Ravencoin (RVNUSDT) peaked in February 2021, almost two years ago. We know that crypto goes through a 4 years cycle. 2 years bearish, 2 years bullish. While it hasn't been 2 full years since the ATH, the bottom tends to be reached before the bear cycle is over. After the bottom is hit it takes a while for prices to recover, break the downtrend and establish an uptrend. RVNUSDT went through a 94.14% correction (-94%.14 from its All-Time High), this is within our numbers. With the bearish cycle out of the way a new bullish cycle can develop. Last week RVNUSDT closed above EMA10 and this week EMA21 is being challenged. The last three candles are green, volume is starting to increase and the RSI is trending upwards. All these signals precede a bullish wave... This pair is going up! Namaste.
Long
by AlanSantana
8
✳️ Ravencoin Correction Has Gone For 130 Days, Long Enough...On bullish cycles corrections tend to last between 2-3 months. Ravencoin (RVNBTC) went bullish after the May 2022 low, hit a peak in September 2022 and the correction has been going for more than 3 months (126 days). Yesterday a low was hit with bullish divergence on the RSI. It is early to say that a low is in but today's bullish action is really strong and a close above EMA10 would confirm the low and that this correction is done. After the correction follows the next bullish wave with a higher high target in place. Bottom line, Ravencoin looks good. Namaste.
Long
by AlanSantana
1
RAVENCOIN not done yet?I mean look at this set up. A lot of GPU miners want to keep mining. RVN has a lot of good things going for it. Plus if it follows BTC's bull cycle after each halving, then we could still have another 9 months before top. Maybe a Christmas and April. Also we missed our christmas rally last year and have had a long hard (recession priced in) bear rally. I'm feeling optimistic now for a turn around. Remember BTC dropped from 20K to 3K then ran to 70K RVN went from $0.20 to now $0.03 this year. Who know where it could go. For now the only safe play for me is LONG with stop loss sub $.03 and targets $.05 $.07 But I will be holding a bag as long as I keep seeing mining activity and development on the chain. Would love to hear thoughts and feedback!
RLong
by lillybear
RVN pumped 9%. Still has room to go up.Hello, dear TradingView members. This is an RVN idea. RVN is back inside the channel again after having a fakeout. It has pumped 9% today and still has room to go up, but look out for the upper Bollinger Band because it can slow the price's pump down. Two support levels are on the way down, which can hold the price up. There are two possible scenarios for now. Scenario One: The price will either get more support and pump or pump instantly from the area we are now and get rejected by the solid resistance level. Scenario Two: The price loses strength on the local resistance level and falls down on the lower support levels. RSI is oversold, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
12
RVNUSD Strong success on our call. Make or break time!The Ravencoin (RVNUSD) is having an impressive first half into September as it held the 1D MA100 (green trend-line) as Support and rose aggressively above both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) to hit the Red Trend-line and the top (Lower Highs) trend-line of the long-term Channel Down pattern, as we illustrated on our previous July 29 analysis: As you see, the pattern played out exactly as we projected. That brings RVN ahead of critical crossroads. It is make or break time, as even though the rally that practically started after the Inverted Head and Shoulders pattern on the June 15 low, is strong enough to break above the Channel Down, we have to respect the red trend-line that has signaled a sell opportunity every time it has been touched. As a result, being that close to the top of the Channel Down, a sell trade with the SL tight at the top of the pattern, offers a very favorable Risk/ Reward Ratio, with the target being the 1D MA100 just like on September 21 2021. However, be ready to reverse to buying again, if the top of the Channel Down breaks. In that case, will will target Resistance 1 at 0.14250. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:RVNUSD
by TradingShot
4
RVN loading up for a move!Here's a quick Look at RVN 1 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 0.0566$ with a good amount of volume . One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 0.0566$ and take profits at the levels shown in the chart. Targets: 1. 0.058$ 2. 0.0598$ 3. 0.062$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
10
Ravencoin can reach $1Hello friends, This is a long term idea I have for Ravencoin. Not based on technical analysis per say . Ravencoin is widely considered as Bitcoin 3.0. It is a fork of bitcoin with a lot more utility. Similar to bitcoin , Ravencoin also has a halving. A halving is when the mining block rewards gets cut in half. Initially Ravencoin was being mined at 5000 rvn every min. But since its very first halving this last January the reward got cut in half and is now 2500 per minute. This coin will halve every 4 years similar to bitcoin becoming a deflationary coin. Also the creator Bruce Fenton is currently running for US Senator. I can see this coin going to at least $1 by the end of this year. Also Ethereum's merge in two weeks will bring new miners to the network raising the demand. $10 in 5 years. I am Long right now on Ravencoin. Especially with this Merge for Ethereum. Miners are coming to Ravencoin which in turn will secure and raise the price of Ravencoin.
Long
by PanchoMonedas