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RVN/USDT Gearing up for a Bullish Rally? 👀🚀RVN Analysis💎Paradisers, let's take a closer look at #RVNUSDT, where the current market trends hint at a potential bullish reversal from an essential support area. 💎A glance at #Ravencoin's trading history reveals a significant 80% drop from its previous high. However, the steadfastness at the $0.02024 support level suggests an opportunity for an upward movement. 💎The journey to achieve new highs or surpass previous records has been fraught with challenges, leading to a prevailing bearish sentiment. Yet, the pivotal $0.02024 threshold for NGM:RVN is on the cusp of catalyzing a substantial bullish wave upon further assessment. 💎With a mindset geared towards adaptability, we've outlined a backup plan. If #RVN dips further from this foundational support, we foresee a bullish revival from the secondary support at $0.01596. It's vital to acknowledge, however, that descending below this marker could signal a deeper bearish trend. 💎Maintain adaptability in your trading strategies and stay alert to market shifts, Paradisers. Be assured, the ParadiseTeam is diligently observing these developments, ready to guide you through the evolving market scenarios.
Long
by MyCryptoParadise_Simon
1
Alikze »» SAND | Pullback to broken structureThe Sandbox is a blockchain-based platform that offers creative and decentralized gaming experiences. SAND combines DAO, Metaverse, and NFTs to usher in a new era of gaming. 🔰 In the weekly time, it has made a mixed correction, which after 50% correction of the previous wave has faced demand in the range of 0.27, and now with the failure of the dynamic trigger and a correction and a pullback, it has a growth up to the supply area and neck line. Therefore, I expect that after completing the corrective lag, it will face demand and advance towards the target. ⚠️ The invalidity zone of the analysis is the range of 0.39, and penetration and stabilization below that analysis will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by UnknownUnicorn7266498
Alikze »» RVN | Dynamic trigger failureIn the daily and weekly time, after a complex correction in the range of 0.01343 after the bottoming, it has started a motivational wave, which has already penetrated above it after breaking the sub-swing and the resistance range. 🔰 This wave can touch the specified targets after stabilizing above the green box. 🔰 This moving wave of wave 3 is smaller than the 3 waves, after which I expect this wave to touch the first red box. ⚠️ If it penetrates and stabilizes under the green box, this scenario will be invalidated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by UnknownUnicorn7266498
RVN LOOKS BEARISHFirst of all, make sure to change your stop to entry when we reach the first target. Be careful, the timeframe is large and this move may take time. It looks like the price is ready to start a large diametric F wave. Wave E now appears to be over. Wave E seems to have been a diametric whose last wave has also ended. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
5
RVN has the potential to initiate an upward trend.I believe RVN has the potential to initiate an upward trend, dependent on the c ontinuation of the bull market. RVN is a protocol based on a fork of the Bitcoin source code, with the addition of new features designed to allow entities to issue asset-backed tokens on its blockchain. However, this feature does not guarantee any price movement or a pump. Based on my technical analysis and the underlying fundamentals of RVN, the cryptocurrency has the potential to achieve higher price levels.
Long
by KiomarsRakei
#RVN/USDT 1W (Binance Futures) Descending wedge on supportRavencoin just printed a morning star on weekly TF, looks promising for mid/long-term recovery towards 50MA resistance. ⚡️⚡️ #RVN/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1x) Amount: 10.1% Current Price: 0.01924 Entry Targets: 1) 0.01703 Take-Profit Targets: 1) 0.02713 Stop Targets: 1) 0.01198 Published By: @Zblaba NGM:RVN #RVNUSDT #Ravencoin #PoW #P2P Risk/Reward= 1:2 Expected Profit= +59.3% Possible Loss= -29.7% ravencoin.org
Long
by TradingOn
1
🚨 Impulse breakdown on #RVNUSDT🚨 SHORT #RVNUSDT from $0.0208 1h TF. For several days, the downward trend of movement continues for this instrument, after a strong impulse drop, the pressure from the seller continued and the price was gradually rounded into a short + an hourly level was formed with several smooth touches, the breakdown of which I will consider, trading volumes decreased noticeably, I expect to see an impulse breakdown at the feet of participants and movement into the buyer's area of interest at around $ 0.02
Short
by CScalp_EN
1
🌟🔍RVN's Breakout and Potential Rise 🚀 🔺 RVN's Key Weekly Trend Line Break: Ravencoin (RVN) has broken a crucial trend line in the weekly timeframe. It's been five weeks since the breakout, with a near 40% increase in price since then. However, the main bullish movement is yet to start. 🎯 Weekly Entry Triggers: The entry triggers for the weekly timeframe are set at $0.01946 and $0.02402. 🕒 4-Hour Strategy: In the 4-hour timeframe, a long position can be opened upon breaking $0.01946, with a stop loss below the previous significant low. 🎯 Weekly Target: If the market moves upwards, the weekly target is around $0.07719, equating to an approximate 302% gain. This target is aligned with the trend line breakout. 🛑 Stop Loss Strategy: For the weekly timeframe, the stop loss should be placed in a way that it doesn’t get hit easily during a pullback to the broken trend line. The safest area for a stop loss is around $0.01070, which is about a 40% risk. 📈 Volume Confirmation: It's crucial that the volume increases alongside the price rise for confirmation. 📊 RSI Oscillator: The RSI has broken its trend line and is facing resistance at 53.57 in the weekly timeframe. A break of this resistance could provide an early entry trigger. 📈 Accumulation Zone: The box between $0.01946 and $0.01388 could be considered as an accumulation zone. ⚠️ Bitcoin's Influence: Keep in mind that Bitcoin is entering a liquidity zone and may face a downturn, which could affect RVN. 🔑 Related Categories: Trend Line Breakout Entry and Exit Strategies RSI Analysis 📣 What are your thoughts on RVN’s potential? Share your strategies and insights! 💬🌐 #RVNAnalysis #CryptoOpportunities #TradeCityPro 📚 Remember: Cryptocurrency trading involves high risk and volatility. Always do thorough research and consider market conditions! 🧠💼
Long
by tradecitypro
20