RVN Ravencoin.. down... but NOT OUT!!!RVN Ravencoin is one of my new favorite coins. Current resistance is still .125. Now support has dropped to the .1 area. Be careful with this one scalpers. Long holders just enjoy your ride. This consolidation point has formed right on the uptrend line. I am sure it fell down here cause of BTC.. While the uptrend line was pierced, we are still on that line... so long as it doesnt fall further we are safe from a full reversal. Keep an eye on it!
Ravencoin
🔥 RVN Volatility Incoming: 10-Month Wedge Break OutOver the past 10 months or so, RVN has formed a huge pennant. With the price slowly creeping up on the wedge's bottom trend line, we could see some strong volatility in the short-term.
Seeing the state of the market, I'm expecting a bullish break out, maybe as soon as in the coming week.
Wait for a confident break out of the pattern, ideally with a strong green daily candle.
Targets are placed at $0.17 and $0.20.
Happy trading!
RVN Ravencoin has a bright future! 3 Major rez lines coming!RVN Ravencoin is on a solid uptrend. It was able to pierce but not break recent resistance at .125. There is a wind up coming in a flat top triangle real soon. Could produce breakouts.. Def on the watch-list! The other major area/areas of resistance is actually a beefy one. This is because 2 previous peaks are so close together, the entire area of '.175 - .180' is actually the major resistance ZONE
🆓Ravencoin (RVN) Oct-8 #RVN $RVNRVN has an important support at 0.11$ zone, if it doesn't lose this zone, it will move towards 0.13$, 0.15$ and 0.18$ zones. But if it loses this 0.11$ zone, it will fall down sharply to 0.1$ and 0.085$ zones
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.11$ zone
🔴Buy : 0.11
🔴Sell : 0.13 - 0.15 - 0.18
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.11$ zone
🔵Sell : 0.11
🔵Buy : 0.1 - 0.085
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
RAVEN Coin broke outBINANCE:RVNUSDT broke out of the pennant pattern. Targets are shown on the chart, stop loss 4 Hr candle close below 0.119$.
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
RAVENCOIN - Explosion aheadHey everyone,
Just a quick update with Ravencoin, this crypto is showing an amazing chart for traders with a beautiful cup and handle formation. We might see an explosion to the upside due to the pattern. There's also the MACD converging in the daily. This will give the necessary push for the bulls.
For targets, it can reach to the previous all time high. But I will personally take a big part of the profits at the Fibonacci golden pocket at around 20 cents.
Yours truly,
Aloo2k
RVN/USDT - Cup and handle - Raven to $0,50On the RVN USDT graph we can see that the “Cup and handle” pattern has been formed. This pattern may mean an imminent large increase in price. We also see a shift to the 4h RSI graph, from bearish to bullish trend. Price prediction in in the coming weeks and months is $0,50. The price was obtained taking into account the price increase from the bottom in June ($ 0,04) to the August peak ($ 0,165).
#RVNBTC 74%+ Potential Rally on Breakout!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
RVN is on the verge of a breakout. The breakout here could lead us to almost 74% pump to the previous Highs. My plan is to accumulate on Spot.
Either you can buy the breakout or accumulate slowly in every dip.
Accumulate:
First Entry: 272 sats to 295 sats. (To avoid missing out on this trade)
Second Entry: 235 sats to 260 sats
Targets:
339
360
388
426
458
488
Stop Loss:- 217
What's your thought on this?
Do hit the like button if you like this setup and share your requests, ideas, and views in the comment section.
Thank you
RVN > Trendline Support > One Drop and Up!Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of RVN.
According to my technical analysis, RavenCoin is following a strict trendline. So, I am long on it.
"My analysis is valid until We don't see a breakout from trendline"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Ravencoin/BTC Market Analysis on Support/Resistance Levels.This is my first time making an analysis this way after watching a lot of videos about technical analysis.
My idea elaborates my view on the support and resistance levels and possible entry levels for trading with the helpful use of the ATR indicator
we can see that the market on the Daily timeframe is on a Downtrend braking multiple Lower-Lows with a slightly visible Double-Top at the Higher-High Level.
with this, we can say that the market is gonna continue on a Downtrend which creates possibilities for entries on the Short side.
🆓Ravencoin (RVN) June-3 #RVN $RVNThe buying volume is increasing and RVN is heading to 0.14$ and 0.18$ in this June. But if it loses 0.08$ zone, it may fall down to 0.05$ zone
📈BUY
- Buy : 0.078-0.082$. SL if B
📉SELL
- Sell : 0.137-0.143$. SL if A
- Sell : 0.176-0.184$. SL if A
♻️BACK-UP
- Sell : 0.078-0.082$ if B. SL if A
- Buy : 0.048-0.052$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone