Rvn
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.
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And always remember: "we don't predict, we react".
🔥 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!
🆓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"
My Crypto Watchlist for next Long TripSince Bitcoin may have found the Bottom.
Time to plan for next Crypto Long Trip
FTM, BNB, RVN, EGLD, DOGE, SOL
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
🚀Triangle RVNSupport the idea with like!)❤️
#RVN/USD
📌 Triangle RVN
🔹Analytics: I expect the break of the counter-trend line, the break will give a good setup for an upward movement!
Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.
🔥 RVN Correction InboundRVN has been one of the biggest winners of the last month, seeing crazy returns almost daily. Since it hit the ATH around 0.29, RVN has been declining however. RVN is severly overbought, no denying that. Combined with the bearish correction that Bitcoin is currently facing, RVN is well on its way to fall even further.
On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence.
Happy trading!
RVN The Golden D-CurrencyDear Traders,
Fortunately on Friday I found RVN when the price was $0.11 and during one day I got 155% profit on it. Yesterday I closed it and today at 0.17$ I got one more position. Wave 5 still is available to make great profit.
The last point is $0.82. I hope you can enjoy the profit.