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Ravencoin

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
RVNUSDT (RAVENCOIN) - POTENTIAL BREAKOUT ANALYSIS 🔎 - RVNUSDT is printing a falling wedge (FW) pattern. - A falling wedge pattern is a reversal pattern. - A bullish pattern to be precise. - RSI is printing a bullish divergence signal (BDS). - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support.
Long
by Chibuike_Odoh