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RVNBUSD

Ravencoin (RVN) forming bullish Gartley for upto 15% pumpHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN) with US Dollar pair. Previously RVN broke down the potential reversal zone for a while, but recovered soon and pumped more than 24%. Now on a 2-hr time frame, RVN is about to complete a bullish Gartley move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
2
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. ------------------------------------------- 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$ ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
10
RVNUSDT, The price need more correctionHello everybody According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price 1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level 2nd : The Correction was finished and now we made wave 1 and we are in correction wave 2 and because of the the price can not drop more that key point level at second buy zone area Until the market is in range zone and this condition is on market we cant say which scenario is correct We need more details to decide what to do ? And because of the tapering and condition of economic in the world we have inflation, we expect the risky market like stock market and crypto market should rise up to pour the inflation and to make the value of a dollar. If you have any question send us messages Good Luck Abtin
Short
by Abtin00
1