RVNUSD
RVNBTC big Breakout Coming Soon#RVNBTC Update:
Current price 390 Satoshi
#RVN After Retest Again try to another breakout upward.
If we successfully close above 410 then we can see next Target would be 590 satoshi.
Support: 350 Sat
Resistance: 590/895/1074 Sat
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#RAVENCOIN Strong AreaEntry : 0.00000322 - 0.00000314 - 0.00000295
Target 1 : 0.00000346
Target 2 : 0.00000373
Target 3 : 0.00000415
Target 4 : 0.00000457
Target 5 : 0.00000560
Stop loss : 0.00000248
Risk/Reward : 17%/90%
Do not hurry to buy, the price may go down to good places
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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.
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.
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.
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
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
Ravencoin-RVNBTC-
It broke below the long-term trendline and the 0.00000342 point.
Below 0.00000342 is a long-term investment area.
-RVNUSD-
It fell sharply at 0.02754811, rebounded to 0.02492303 and then fell again.
It is possible to touch the 0.02077220 point as the BTC moves.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
RavencoinI will see it in the short term.
-RVNBTC-
You should settle at 0.00000415 and check if you can climb.
We believe that trading above 0.00000534 is a trading zone with higher turnover of funds in the short-term investment area.
Arriving at this point will require trading for profit.
-RVNUSD-
Suddenly, the long-term upward trend line was touched.
Check if you can cross this trendline.
Unlike RVNBTC, the current position is located in the section where short-term trading is possible.
You should think about how to trade by increasing your turnover.
The price may fall to break above the upward trend line, with the potential to touch 100MA.
-------------------
Everyone wants to make a lot of profits.
However, not everyone can make a lot of money.
I set a goal for the coin I want to invest in advance, and I think that only those who can make a profit when approaching that goal can make a lot of money.
I hope you have a good result.
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 65.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0236 to 0.0192). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0236)
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
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 65.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0236 to 0.0192). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0236)
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