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RVNUSD

RVN on SupportRVN on Support - This trade drove home the importance of getting a GREAT entry vs an immediate fill. When I first looked at this, price was sitting @ 300 sats but I saw near-term support on the 4hr extended down to .000002960. I decided "I need a clean entry more than I need a quick one!" This morning when I woke up I was in @ 2960! With the market a little unsure of its direction this was a good perspective and now I am long from a safe start. This will greatly improve the safety and profitability of this trade. Happy trading! Stop Loss @.00000280
by Cryptoshroomer
1
There is a trading opportunity to buy in RVNUSDTechnical analysis: . RaventCoin/US Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0251 to 0.0192). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0251) Ending of entry zone (0.0192) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.03395 TP2= @ 0.04317 TP3= @ 0.05055 TP4= @ 0.05798 TP5= @ 0.06845 TP6= @ 0.08190 TP7= Free
BITTREX:RVNUSDLong
by ForecastCity
12
There is a trading opportunity to buy in RVNUSDTechnical analysis: . RaventCoin/US Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0251 to 0.0192). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0251) Ending of entry zone (0.0192) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.03395 TP2= @ 0.04317 TP3= @ 0.05055 TP4= @ 0.05798 TP5= @ 0.06845 TP6= @ 0.08190 TP7= Free
BITTREX:RVNUSDLong
by ForecastCity
12
RVN/BTC TA Update (Market Structure Broken?)RVN/BTC RVN broke a key support area at 292 sats which invalidated the current market structure. By breaking key support levels especially if the area of confluence that acted as strong support for many months. This signal a strong bearish momentum resulting in another market structure to be developed again for the next 1-2 months. The RSI hasn't reached oversold levels yet, we may still see further selling pressure down to 260 sats area. Do not try to catch the bottom, most often the price will go down further if they are no buyers present at key levels.
Short
by PolarHusk
Raven Might Give Huge ProfitHi everybody. The price of Raven coin is extremely tight on the long-term and medium-term chart. Raven s strongest support from the bottom is around 270 satoshi. This is close to the strongest support from the bottom, and the price tightening at the current price gives him a great potential to rise. With the falling trend breaking through volume, the raven coin can rise comfortably. 2020 could be a nice upswing for the raven coin. Let's watch what the raven coin does.
Long
by TraderMikabot
RVN/BTC TA Update (Bounce again at key support?)RVN/BTC RVN is trapped inside this channel where the price is just bouncing from top to bottom and from bottom to top. The key support area has been tested more than 4 times already and it is not good from my perspective viewpoint. I am more on the bearish side since the price is much closer breaking bearish rather than going bullish. At any point the price closes below key support will signal bears to enter the market. We know bulls are fighting to keep this key support at 300 sats alive but the more it keeps tested, much less it will work again the next try. be cautious trading this coin. Please wait for the breakout to happen before entering a trade.
Short
by PolarHusk
There is a trading opportunity to buy in RVNUSDTechnical analysis: . RaventCoin/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0223 to 0.0158). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0223) Ending of entry zone (0.0158) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.03395 TP2= @ 0.04317 TP3= @ 0.05055 TP4= @ 0.05798 TP5= @ 0.06845 TP6= @ 0.08190 TP7= Free
BITTREX:RVNUSDLong
by ForecastCity
2
There is a trading opportunity to buy in RVNUSDTechnical analysis: . RaventCoin/US Dollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0223 to 0.0158). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0223) Ending of entry zone (0.0158) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.03395 TP2= @ 0.04317 TP3= @ 0.05055 TP4= @ 0.05798 TP5= @ 0.06845 TP6= @ 0.08190 TP7= Free
BITTREX:RVNUSDLong
by ForecastCity
4