RVNUSDTthis alt is in a big scale sideway which has a tend to be bearish (like a 3 degree trend) anyway the chart has the potential to be pump soon which shadows in the chart calls for it and we don't want to miss such a thing as a trader or profit hunter or scalper or even a HODLER
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Rvn
RVNUSDT (08.05.2021)The price of RVNUSDT fluctuates in the range of $0.19-0.16.
Earlier, was a rising impulse was formed, which was accompanied by an increasing volume of trades.
In addition, the line of the downward trend was broken.
We recommend buying RVNUSDT to hold a long position above $ 0.3-0.4
🔥 RVN Horizontal Channel ReversalRVN has been seeing consolidation since its amazing run up in March. With the most recent BTC dump, RVN found support around the $0.12 area. When connecting the highs and lows, a clear horizontal channel is visible.
This trade assumes that RVN will follow the horizontal channel in the short-term, potentially breaking out of it in the future.
Happy trading!
$RVN/BTC 8h (Binance Spot) Falling wedge breakout and retestRavencoin broke bullish and looks ready for continuation upwards after that pull-back.
Current Price= 0.00000335
Buy Entry= 0.00000334 - 0.00000310
Take Profit= 0.00000394 | 0.00000447 | 0.00000259
Stop Loss= 0.00000274
Risk/Reward= 1:1.5 | 1:3.06 | 1:5.73
Expected Profit= +22.36% | +45.65% | +85.40%
Possible Loss= -14.91%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
Time To Feed The Ravens AgainRaven is giving a nice buy signal. MacD cross on the daily, Heikin-Ashi turning green, breakout and retest of the 2 month long pennant it was consolidating inside of. Target near $0.49
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.