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Ravencoin

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.
Long
by tradethrill
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.
Short
by Manef
🆓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
Long
by CryptoStation
1
Please comment on my idea. Thanks.Raven had a huge rally couple months back and lately it has entered a long period of consolidation period which is actually a good thing. It tried to breakout to the upside couple times in that period but can not. Therefore one should definitly wait 1-2 candle to close above the trendline before entering any trade. Also yesterdays volume was pretty good but cant manage to breach the trendline and now volume is decreasing. Therefore caution is advised before entering this trade. Good luck and be responsible with your hard earned money! Always watch out for opportunities but be carefull.
by thegreatwall38
7
Ravencoin price action RVNUSDTAlmost 2 months ago, ravencoin achieved ATH at a price of $ 0.29. This was followed by a large correction of 60% to a price of $ 0.12. The correction stopped at 0.786 Fibonacci retricement level and then accumulation occurred and a triangle was formed. We are at a time when we can expect the resulting triangle to be broken. Taking into account other indicators (RSI is at a normal level) and that we are in a bull market, I expect a price increase.
Long
by martinbilusic