Rvn
Trading opportunity for RVNUSDT - RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT - Ravencoin
🔵 Long Now or by Breakout
🧯 Stop loss 0.03611
🏹 Target 1 0.04700
🏹 Target 2 0.05300
💸Capital : 1%
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RVNUSD deep retrace, ready or not?RVN recovered momentum candle for 3/4, or more.
Currently at the deep retrace on Fibb's
Will it bounce now, or dump to lower numbers.
It already lost 93% from ATH, but we have seen worse scenarios, its not the end.
My opinion: It didnt accumulate in this low area to long and might play between two lowest fibbs few months, or skyrocket to GP.
RVN/USDT Analyst Daily 🤭Hi 🖐
As you can see in the chart, the price was supported in the green range of 0.017 cents, and with the formation of the Dynamic Support trend line, it was able to easily break through the resistance area of 0.047 cents, which has now become a very strong support (Daily Support). Pass in this encrypted.
Currently, the price has reacted to the resistance area of 0.08 cents and we are also witnessing a collision with the dynamic resistance trend line, which coincides with the saturation of the RSI.
The price can experience a correction to the support area of 0.047 cents and continue its upward trend if supported in this daily area.
Resistance areas: 0.08 cents, 0.1 cents, 0.13 cents
Support areas: 0.047 cents, 0.027 cents, 0.017 cents
Aeztoday Team ✔🌟
Ravencoin Cup With Handle on the Hourly TimeframeRavencoin sits at the 61.8% Rertrace of a Potential Cup With Handle at the PCZ of a Bullish 5-0 with Hidden Bullish Divergence on the RSI. This isn't my most convicted trade ever but i think it's still worth giving decent a shot to see if Raven Can hold this PCZ level, if it does then we could then see Raven make a 200% Retrace to complete the Measured Move of the pattern.
💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06040).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 0.06816
TP2= @ 0.07382
TP3= @ 0.08097
TP4= @ 0.08833
TP5= @ 0.09613
SL= Break below S2
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💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06040).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 0.06816
TP2= @ 0.07382
TP3= @ 0.08097
TP4= @ 0.08833
TP5= @ 0.09613
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
RVN loading up for a move!Here's a quick Look at RVN 1 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant.
The best entry would be when the price breaks above 0.0566$ with a good amount of volume . One to keep an eye on.
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The idea is: Buy when the price breaks above 0.0566$ and take profits at the levels shown in the chart.
Targets:
1. 0.058$
2. 0.0598$
3. 0.062$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
RVN broke out falling wedge pattern#RVN/USDT
$RVN broke out from long term falling wedge pattern.
now price is inside long tern resistance zone.
🐮 breaking out from this resistance zone that is the same with ascending resistance will increase price to upper resistances and final target of this pattern can be around $0.2.
🐻 break down from ascending support will invalidate this analysis.
RVNUSDT(Ravencoin) Daily tf Range Updated till 10-09-22RVNUSDT(Ravencoin) Daily timeframe range. A alt with optimal volume and retail interest. for its holders quality its less used by p and d groups. that brings some stability to its price action. its had many nice setups for scalps through out its levels. a reasonable price action always offers less risk.
RVN moved 20% up. What's next?Hello, dear TradingView members.
This is an RVN idea.
RVN touched the bottom of the channel and pumped 20% up.
After reaching the resistance price zone, it has been consolidating ever since above the channel. Will this become a breakout?
There are two resistance levels on the way up and also two support levels on the way down.
We have two possible scenarios in front of us.
Scenario One:
The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels.
Scenario Two:
The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel.
RSI is in the oversold area, so the price has room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.