Rvnusdlong
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
💡Don't miss the great buy opportunity in RVNUSDT". There is a possibility of temporary retracement to the suggested support line (0.1419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.1596
TP2= @ 0.1737
TP3= @ 0.1860
TP4= @ 0.2040
TP5= @ 0.2348
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 ❤️
💡Don't miss the great buy opportunity in RVNUSDT". There is a possibility of temporary retracement to the suggested support line (0.1419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.1596
TP2= @ 0.1737
TP3= @ 0.1860
TP4= @ 0.2040
TP5= @ 0.2348
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 ❤️