✴️ Revain | Another KuCoin Gem (Name Your Altcoin #24 ✅)Here is the mistake that I won't repeat again. I shared a trade idea for Verasity (VRAUSDT) but it didn't even occurred to me to share a trade signal yet the chart was extremely bullish.
After sharing the analysis through the "Name Your Altcoin" series, it went up over 77.77% in a matter of days.
Please, name your favorite/top KuCoin pairs in the comments section, these are yet to take off and have huge potential, I will give them a deeper look and share accordingly.
Now, Revain looks great.
The great thing is the same action pattern we have been looking at over and over and over, ad nauseam, is present here.
This is the only way it can be because of the phase we are at in the current market cycle.
The low, lower low as a shakeout/stop-loss hunt followed by bullish consolidation and then bullish breakout.
Here we are still below EMA21 but above EMA10.
This pair and others should be going above EMA50 within 1-2 months.
Can be 1-2 weeks just as it can be 6-8... That is for the market whales, exchanges and big players to decide.
Of course, you need to do your research and have a plan for safe trading.
Say, if prices drop, what would you do?
Hold or fold?
If hold, for how long?
If fold, when would you fold?
Define your risk in simple terms.
On the way up the same complexities... When to sell and how much to sell?
These things need to be answered BEFORE the bullish happens, for your benefit of course.
Thank you for reading my dear friend.
Thank you for coming back.
Thank you, thank you, thank you!
Thanks for the support.
Namaste.
Revain
REVUSDT Falling Wedge still in effectRevain (REVUSDT) has been trading within a Falling Wedge since the May 12 Low. Today the price broke above the 1D MA50 (blue trend-line) again but that alone isn't bullish as it remains within the Wedge. A break above its top should be enough to target the 0.000850 Resistance but only a break above the 1D MA200 (orange trend-line) can extend it. In that case we will be bullish all the way to the 2.0 Fibonacci extension at 0.001500.
Notice the LMACD indicator and the clear Resistance level is has since late June. A break above it can be the trigger for the buy signal above the Falling Wedge.
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REVAIN (Suspicious volume)Due to the increase in purchase volume, it can be an interesting option for shopping in this area
TIME : 1 days
SIDE : BUY
BUY ZONE : 0.00445-0.00465
TAKE PROFIT : 0.0063
STOP LOSS : 0.0042
R/R = 5.5
SHORT SIGNAL
#SPOT
#REV
Potential 200% move from current priceExpecting Revain price to move back to top supply zone on daily timeframe. Middle supply zone has been visited and the price has been drop since then due to profit taking activity. Current price is the best price to loaded up the coin since we are at area of fibonachi retracement of structure A-B and demand zone of the minor bullish structure. Huge potential the price can break mid supply zone. Take profit will be at 0.06 since it is fresh supply zone.
rev analysis : Long +15% soonHi all
rev/usdt broke the symmetrical triangle
i expect +15% up soon
our target is the red line
Potential Bullish Move For RevainCurrent price respecting fibonachi retracement zone. Potential mark up to 0.05$. (4.236 extension of base)
Revain BullishBullish move on Rev. Hopefully reach 0.038. Once reach that, expecting a pullback of the price.
REVAIN : Short term tradeNice bullish structure. Price touching the 261.8 area and retrace back to .618 (golden ratio). Smart money comes in and expecting to move atleaset to box area.
🆓Revain (REV) Aug-24 #REV $REVThe $0.01 area is an important support area for REV at the moment because if it loses this area, it will officially fall into a downtrend. But if it turns up again then in the next few days it will advance to the $0.013 zone and even the $0.017 zone
📈BUY
🔴Buy : 0.00975-0.01025$. SL if B
📉SELL
🔴Sell : 0.0127-0.0133$. SL if A
🔴Sell : 0.0166-0.0174$. SL if A
♻️BACK-UP
🔵Sell : 0.00975-0.01025$ if B. SL if A
🔵Buy : 0.0083-0.0087$ if A. SL if B
🔵Buy : 0.0068-0.0072$. 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
Revain (REV) Explosive Potential 40,000% gain possible?I just stumbled up Revain's (REV) chart and holy cow. It almost reminiscent of how Dogecoin's chart looked before the Wallstreetbets pump and Elon Musk Doge tweets. Pretty much just completely flatlined trading sideways since the bottom of the 2018 bear market and still has not risen with rest of the market. Just looking on the chart Revain has enormous upside but I'm sure there's a reason why it is trading sideways and hasn't been picked up by the market.
According to Coinmarketcap in a nutshell: "Revain is an online platform for Ethereum blockchain-based tokens reviews, designed to allow developers to receive constructive feedback about their projects." Revain is also a top 60 cryptocurrency with a $1.6 Billion dollar market cap. It seems like Revain plays a big role in ensuring the quality of Ethereum based projects and other ERC-20 tokens in the ecosystem.
I personally don't own any Revain but I just thought I'd share this idea. If REV retested 20,000 satoshis from its currently price of 45 satoshi it'll bring a face melting gain roughly over 40,000%. In no way am I saying this will happen so please do you own research and due diligence before investing in anything. I will be keeping an eye on Revain this cycle.
Cheers! Much peace, love, health, and wealth!
$REV. Revain. Showing recent buyer activity.If I bought some this would without a doubt be the riskiest bet I’ve ever placed. The coin was at essentially 0 until just 4 days ago.
I’m not sure I have the experience in crypto to pick winners like that. But darn it if this coins got any power left in it this might have ‘moon bag’ written on the side.
Other perspectives?
Revain for 2021
Revain describes itself as the first trustworthy review platform built with blockchain technology. Revain's goal is to give the community a single source of trustworthy feedback about projects, goods, trademarks, and other entities. Revain.org, the reviews platform, has its origins in the crypto industry. Since its inception 3 years ago, it has hit the following milestones:
4’799 companies listed
27’806 Reviews
16’912 Authors
And many installed widgets broadcast reviews.
Rank #44
Token
On 12,185 watchlists
Revain Price (REV)
$0.01167
0.14%
0.0000003494 BTC
0.000008735 ETH
Revain (REV) Project Overview & Chart AnalysisAbout Revain
Revain is a blockchain-based review platform for the crypto community. Since 2018 the platform accumulated the biggest number of user feedback on crypto on the Internet.
Revain consists of 7 main sections: projects, exchanges, wallets, games, casinos, mining pools, and cards. In each section, we rank every company based on their user rating and the number of reviews.
Revain's ultimate goal is to provide high-quality and authentic user feedback on all global products and services using new emerging technologies like blockchain and machine learning.
Source: Coinmarketcap.com
Website: revain.org/
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Revain (REVBTC) is only showing early signals.
Here we have a close above EMA10 but the trading volume is still low.
The MACD is looking solid and can support a jump... But this can all change if prices move below support (0.00000102).
Above EMA50 this same chart would change from potentially bullish to strong bullish... Right now I am getting some mixed signals, there are better choices out there.
Once the signals become stronger, we can visit this pair again.
Namaste.