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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
🆓Ravencoin/USDT Analysis (23/3) #RVN $RVNThe buying force has come into RVN at its support at 0.18$ zone and RVN will come back to retest the 0.23$ zone, which rejected RVN several times in the last few days. If it can conquer this 0.23$ zone, it will keep moving up to retest the last peak at 0.28$ or even 0.35$ and 0.45$ zone in next April 📅NEWS 👉Apr 9 : Austin Blockchain Week 👉Jan 31, 2022 : Halving Block Reward 📈BUY -Buy: 0.18-0.19$. SL if B 📉SELL -Sell: 0.225-0.235$. SL if A -Sell: 0.28-0.29$. SL if A -Sell: 0.34-0.35$. SL if A -Sell: 0.45-0.47$. SL if A ♻️BACK-UP -Sell: 0.18-0.19$ if B. SL if A -Buy: 0.145-0.155$. SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
2
Trampoline to the sky?!🪂Last for today, wolves🔥 There is one more interesting formation on RVNUSDT. Symmetrical triangle with previous bullish sentiment. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. So follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest
2
🔥 RVN Bullish Price Action After ConsolidationRVN is one of the winners of 2021 so far, where it saw around 1,500% returns in a couple of weeks. It was to be expected that, after such a run-up, RVN had cool off a little. From high to low on this chart, RVN lost 60% of its value in a mere 10 days or so, shedding off a lot of gains in the process. However, in March it seems that RVN has found buyers again and is rising steadily. Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence. Happy trading!
Long
by FieryTrading
27
🆓Ravencoin/USDT Analysis (5/3) #RVN $RVNThere was a unexpected buying force when RVN was under 0.14$ zone, so we can expect a further recovery on RVN up to its ATH or even more. However, RVN had pumped a lot so there must be a lot of selling pressure, so we need to pay attention to 0.19$ zone and 0.22$ zone. And this 0.14$ zone is very important to RVN because if it loses this zone, RVN will fall down to 0.08$ zone in this March 📅NEWS 👉Jan 31, 2022 : Halving Block Reward 📈BUY -Buy: 0.135-0.145$. SL B 📉SELL -Sell: 0.18-0.19$. SL A -Sell: 0.215-0.225$. SL A -Sell: 0.28-0.29$. SL A ♻️BACK-UP -Sell: 0.135-0.145$ if B. SL A -Buy: 0.07-0.08$. SL B ❓Details Condition A : "If 12H candle closes ABOVE this zone" Condition B : "If 12H candle closes BELOW this zone"
Long
by CryptoStation
1