RVN/USDTHello friends. This is a personal analysis and not a buy signal. If used, please do not forget about capital management.
In case of failure, the analysis will be updated downwards.
Good luck
RVNUSDT
Ravencoin Price Prediction It looks like Ravencoin has made a double top and is now initiating a correction. For a long time, I am and will remain bullish
Okay now Ravencoin have to be strong.Ravencoin now had a stronger correction. I am excited about which way it will continue
RVNUSDT (RAVENCOIN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- RVNUSDT is printing a falling wedge (FW) pattern.
- A falling wedge pattern is a reversal pattern.
- A bullish pattern to be precise.
- RSI is printing a bullish divergence signal (BDS).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
RAVENCOIN [RVN] CUP AND HANDLE POSSIBLE EXPLOSIVE BREAKOUTJust observed a cup and handle pattern on ravencoin. Possible new all time time highs.
RVN/USD - Bullish price action re-testing ATH resistance!Raven is posing for a new attempt to set a new ATH. Volume is up, MACD crossed on the positive side, RSI is going up... yep, we're looking bullish.
If we manage to crush the $0.30 resistance level, we will have confirmation and we're going to go back into price discovery.
For this reason I am quite bullish on Raven which has performed very well and this consolidation in this zone is very healthy for a new push higher.
I think Raven can easily double once we enter price discovery as on the BTC pair we have still a long way to go up before we reach ATH... this is good.
Watch the levels on the chart. A break of resistance will confirm this move.
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Trampoline to the sky?!🪂Last for today, wolves🔥
There is one more interesting formation on RVNUSDT.
Symmetrical triangle with previous bullish sentiment.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
RVNUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has gone up and also made its pull-back. Now it is time for it to once again reclaim the previous high.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
