RVNUSD 0.0600 Ultimate TargetRavencoin (RVNUSD) has seen a very strong and rapid growth in the past 3 days after rebounding on the 1D MA50 (blue trend-line) and is now very close to the 1D MA200 (orange trend-line). The last rise of such magnitude has been from July 30 to August 11 2021.
RVN is doing so after a clear MACD Bullish Cross on the 1W time-frame with the bottom formation of June 15 being an Inverse Head & Shoulders (IH&S) pattern. That has a technical target of the 2.0 Fibonacci extension. Since we are that close to the 1D MA200, it would be less risky to buy only if it breaks or upon a pull-back to the 1D MA50.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
RVNUSD
Ravencoin (RVN) formed bullish Gartley for upto 2200% big moveHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
On a monthly time frame, the price line of RVN has formed bullish Gartley pattern.
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
RVN/BTC 12HOUR UPDATE BY CRYPTOSANDERWelcome to this quick RVN/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-RVN/BTC tringle pattern conform and retest buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
0.00000175,0.00000200
Traget:- 150% to 200%
Stop loss:- 0.00000116
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
RVN/USD - Halving Event in 6 Days. PUMP ongoing.Raven has its halving event in 6 days or 11 January.
Price has been pumping for 3 weeks now after that scam breakdown below the blue triangle.
Now price appears keen to break out above this formation, but there is one challenge - the $0.13 resistance level.
On this weekly timeframe, the indicators are bullish, volume, RSI, MACD and OBV are all looking well positioned for some nice gains to come. But watch the resistance. Once broken, then RVN can pump more.
On daily timeframe, we are approaching oversold conditions, but it's too early, I don't expect any significant drop until the halving.
Good to keep your eyes on this coin in the near term as volatility is picking up.
Bias is bullish right now.
Like and follow if you liked my idea!
RVNUSD D2: +700% gains BULLS THE BEST level TO BUY/HOLD(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
RVNUSD D2: +700% gains BULLS THE BEST level TO BUY/HOLD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTION!
🔸 Summary and potential trade setup
::: RVNUSD 2day/candle chart review
::: corrective cycle in progress no
::: expecting cycle low near 0.04 USD
::: updated/revised outlook
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently/soon CORRECTION MODE
::: BUY LOW near 0.04 USD
::: entry - late Q4 2021
::: for now PULLBACK/CORRECTION MODE
::: on the right same a/b/c/d/e fractal
::: 2018/2019 fractal from the past
::: resulted in 800% gains off the ow
::: re-test of range lows is likely
::: point d is BEAR TRAP (fake breakdown)
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +700% gains
::: details: see chart
::: FINAL TP is +700% gains
::: recommended strategy: BUY/HOLD after correction
::: TP BULLS +700% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/700% gains
::: Sentiment short-term: CORRECTION/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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
RVN/USD: A (Realistic) Bullish Analysis From a Macro ScaleI can say with a high level of confidence that Ravencoin's (RVN) evaluation against the U.S. Dollar (USD) will make impressive moves for the remainder of this market cycle due to factors such as fundamental development with the project itself, prior price actions, and indicators such as the RSI.
With regards to fundamentals, RVN is expecting its first halving at Block 2,100,000. Although miners can expect to see their profit revenue be cut in half immediately following the halving (which may initially scare miners), I do believe such is crucial for RVN in the long term. The halving acts as a means of deflating a currency, and in the case of RVN, doing so will allow for the value of each coin to increase. As supply decreases, demand increases: a simple rule of economics.
Some pattern movements I've made on the RVN/USD chart also highlight that we are currently in the midst of an overall bullish uptrend. This trend is not the first though; however, it is unique in the sense that we can see overall lengthening trends in the market due to an increase in RVN's market capitalization. This means that moving RVN's overall price will become more difficult with time. This is why other ideas on this platform, claiming for a 10x, or even 100x, are far from likely.
However, I do believe RVN has plenty of fuel left in it to make major strides. For starters, RVN will likely test the 20-25¢ range before finally breaking above it. Considering the macro symmetrical ascending triangle forming on the weekly chart since June of this year, as well as prior rejections off this range, I do believe we can hold right above this range. Furthermore, prior bullish movements indicate the same pattern: bearish, rapid bullish, then a consolidation right above, or in, the range it previously had rejections off of. After this consolidation, another pump may lead to a blow-off top, which causes bleeding of the price from thereon.
Indicators such as the Relative Strength Index (RSI), which has proven to be reliable in the last few decades, show we are currently at levels where bounces often happen. With these bounces are upwards movements in price. Furthermore, being able to hold the twenty and twenty-one-week moving averages would make me only more bullish on RVN/USD's price in the short term.
While there are a plethora of other factors, albeit minor, that contribute to my overall bullish attitude of RVN, I do believe these three primary reasons can act as a foundation for the reason I feel how I do currently.
The largest threat against RVN is currently Bitcoin (BTC). However, statistical data has shown that Bitcoin performs strongly in Q4 and Q1, so it can be assumed that Bitcoin will continue on its own bullish uptrend, which, in turn, carries altcoins like RVN along with BTC.
---
TL;DR: I am currently bullish on RVN's price possibility, and am investing in the project with the belief that it can achieve an impressive 35-40¢ price range. RSI, historical trends, technological developments, as well as many other factors, further emphasize the possibility of such prices and reinforce my beliefs about the project this market cycle.
rvn long swing ~rvn is flashing a daily algorithmic buy signal today,
usually a daily buy signal is the key indication for a big move up
might consolidate a few more days, but it's coming.
after the initial 5 waves up rvn saw a simple zig-zag into a shallow wave (2) of a higher degree.
looks to have been in a leading diagonal ever since that low into a wave 1 until the recent dip which hit the golden zone perfectly into wave 2.
sub-wave 3 target = $0.24, but i'll be exiting at the 100% extension most likely at $0.17.
taking profit at every fib level is the plan, might leave a runner after the 100% extension if the indicators look good.
🦅RVN- 200MA/key level/dynamic supportThe price is consolidating and is being supported by key level, 200EMA, dynamic support and node of high volume. Doesn't seem to care about BTC dump. Although it's better to stay away and do nothing right now unless you're scalping, this might be an opportunity for a quick trade, but because of current market conditions even if the price breaks out we can expect high sell pressure right away (look at the wicks on ALGO, WAVES or AUDIO from today)
Entry: buy at current price
Targets:
local levels(red) and:
0.15034
0.16901
0.20418
0.24891
0.28932
-------------------
About RVN:
Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones.
Source: coinmarketcap
RVN up next. BULLISH RVNUSD looking bullish.
two different scenarios
1. cup and handle formation
2. descending triangle
RVN/USD - Getting ready to explode. Bullish Bias. 😍Raven has formed a very large pennant, in blue. Guess what will happen when we break out?
PUMP TIME!!!
My bias is that we will most likely break above the pennant, re-test it as support and then FOMO towards the all-time high.
With the halving in Jan 2022, Raven is well positioned to PUMP hard. Maybe a new ATH?
We have to be patient, but don't be surprised to see Raven pump in early November.
MACD looks very sexy, volume is increasing... yep. Good signs.
Are you with me? Lets see.
Like and follow if you liked my idea!