Ravencoin
🆓Ravencoin/USDT Analysis (2/2) #RVN $RVNRVN correction is paused in $0.023-0.024 zone, and at here a significant rebound is probable and the target is $0.035
📅NEWS
👉Jan 31, 2022 : Halving Block Reward
📈BUY
-Buy: 0.023-0.024$. SL B
📉SELL
-Sell: 0.035-0.037$. SL A
♻️BACK-UP
-Sell: 0.023-0.024$. SL A
-Buy: 0.0165-0.0175$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Middle Term Analysis for RVN-USDTHi there!
The SEC has started auditing projects that run ICOs without permission.
Ravencoin didn’t do a fundraise / ICO sell. Nobody got rich on premines or set asides. Significantly, the decentralization of the project is higher, as its its stability. This word is quoted from a community account in Twitter. I support this idea personally but not as a recommendation. So I'm not a lawyer.
Let's do some T&A?
This asset is showing some recovering signs since my last analysis. The community announced that Ravencoin will be halved in last of 2021 or January 2022. If you want to confirm this information, you can check it from CoinGecko.
There may volatility during halving period. Be careful :)
My personal targets:
0.01518$ - Reached in last analysis ✅
0.01780$ - Reached in last analysis ✅
0.02200$
0.03400$
0.04100$+ - If there will be a FOMO, this target may possible, may this asset go to 10x? Time will say that.
My discourses, my analysis and my drawing are definitely not investment recommendations. Cryptocurrency trading involves high market risk. Please take care of your trades. My analysis is for educational purposes, I am not responsible for your losses.
✳️Ravencoin/USDT Analysis (19/12) #RVN $RVN0.0135$ zone is a very good support zone for RVN and gives RVN the ability to rise to 0.015$ and conquer this zone to rise to 0.018$ by the end of December. RVN can completely continue its uptrend as far as 0.025$ in early January.
If RVN loses this 0.0135$ zone, it will fall to 0.011$
📈BUY
-Buy: 0.01325-0.01375$.SL B
-Buy: 0.015-0.0155$ if A. SL B
📉SELL
-Sell: 0.018-0.019$ if B. SL A
-Sell: 0.0245-0.0255$ if B. SL A
♻️BACK-UP
-Sell: 0.01325-0.01375$. SL A
-Buy: 0.011-0.0115$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Raven coin is now cheaper vs BTC than at launch!Raven coin looks to have bottomed vs BTC on the RSI and price. It has since bounced in price and looks like it's gaining that long awaited moment. This move could be the next XRP style move that could catch many surprise. 10x is definitely in the cards possibly more.
Always trade at own risk. Not financial advice.
RavenCoin - RVNUSDT - Phoenix rising from the ashes? BullishRavenCoin is a community driven and a truly opensource project with no pre-mine, ICO etc., built on a fork of Bitcoin code. The project aims to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.
Ravencoin was one of sensational coins that made the moonshot (RVNBTC) in the early 2019 with an incredible move of over 500% in just a month. RVNBTC has been in steady decline since and has hit its all time low in the last week. RVNUSDT has also been on a decline for a few weeks and the harmonic patterns shown on the Daily Chart suggests a strong move up unless invalidated by a low below the Stop Loss line at 0 Fib level, which will offer strong support. A new high above 0.01487 USDT will definitely confirm a Daily impulse move to test the High Resistance Area of around 0.02 USDT. Price pushing above this zone will validate the Bearish BAT pattern with Exhaustion/Reversal likely at 1.272-1.618 Fib levels. Also, the current Daily CCI (Commodity Channel Index) is above +100 and this move is the first time the Daily CCI crossed +100 since August 2020.
Entry - Under 0.01300
Stop - Based on Personal Risk Strategy/Risk:Reward expectation
Targets - Fib Levels shown on chart (based on Trade Frequency/hold period)
Do Your Own Research on Tokenomics and Project fundamentals to get a good idea about the project and its future potential.
RVNBTC - Explosive Breakout ComingBINANCE:RVNBTC
Expecting an explosive breakout for RVN very soon. RSI and Stoch both very oversold.
Very good reversal candle formed last week and looks ready to breakout the falling wedge pattern which is the same pattern as its last breakout which occurred in early 2019.
RVN looking ready to popI'm sure if you're reading this, you either hold raven, or you've been watching it's chart, wondering when this down trend is going to end. Well, it seems it's close to the end of its formation. Will it happen? The chart looks good, and if history repeats itself, it could be in for some really nice gains. It's currently oversold on the daily, and very oversold on the weekly. It's also completing a fractal of it's previous run up. This one requires patience, but I believe the reward will far outweigh the short term price action to the downside.
RVN/BTC 1D (Binance Spot) Falling wedge breakout & on support#Ravencoin has been retracing for a long time now, a move up seems to be coming!
Since it broke out already and it's on big descending channel support, that looks like a good buy zone.
Current Price= 0.00000115
Buy Entry= 0.00000116 - 0.00000110
Take Profit= 0.00000128 | 0.00000144 | 0.00000162
Stop Loss= 0.00000098
Risk/Reward= 1:1 | 1:2.07 | 1:3.27
Expected Profit= +13.27% | +27.43% | +43.36%
Possible Loss= -13.27%
Fib. Retracement= 0.236| 0.5 | 0.786
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 2400h
RVN Downstream channel. U-turn zone. Past idea +20,30,50,47,30%RVN / BTC (ravecoin) Traded this coin about 9-10 months ago. When there was a breakout of the falling wedge resistance and the possibility of a trend reversal. I partially made several moves, then in the last buy, the price went against me, and I exited the market position. The previous support was broken. Since then, I have not been interested in this coin. The observation began at the end of August. This is an update to an old trading idea for this coin.
The situation is very interesting now. Local downlink. Price approached its support (lower channel border) This zone can act as a reversal zone, at least for a local trend. The potential of the channel itself is + 40%. The breakdown of the resistance of this local downtrend channel and the price fixing above the resistance can cause the main trend to reverse.
Former trading ideas of this coin:
RVN Falling Wedge. First target + 30% Figure potential + 100%
RVN. Cycle. Coin for the pumps. Global target
Result. Breakout of wedge resistance. The emergence of a trend.
+ 20% + 30% + 50% Second target taken.
RVN Symmetrical Triangle 50/50. Pivot Points. Price clamped.
+ 47% From the buy zone to the 3 target local zone.
+30%
Raven is testing support and the patience of many.After the Bitcoin correction are you accumulating ? RVN has corrected with the market but caught a higher low so far. It has been really testing investors hands and their patience. Any move above the yellow RSI line it's buy and getting above the green trend line shows bullish strength. It should make a higher high on a move above the green RSI trend line.
Invest responsibly and be patient.