RVNUSDT
RVN pumped 9%. Still has room to go up.Hello, dear TradingView members.
This is an RVN idea.
RVN is back inside the channel again after having a fakeout.
It has pumped 9% today and still has room to go up, but look out for the upper Bollinger Band because it can slow the price's pump down.
Two support levels are on the way down, which can hold the price up.
There are two possible scenarios for now.
Scenario One:
The price will either get more support and pump or pump instantly from the area we are now and get rejected by the solid resistance level.
Scenario Two:
The price loses strength on the local resistance level and falls down on the lower support levels.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Ravencoin RVN Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Ravencoin RVN is one of the cryptocurrencies that have a lot of potential for a bull run.
RVN/USDT
Entry Range: $0.032 - 0.037
Price Target 1: $0.045
Price Target 2: $0.057
Price Target 3: $0.072
Stop Loss: $0.029
Trading opportunity for RVNUSDT - RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT - Ravencoin
🔵 Long Now or by Breakout
🧯 Stop loss 0.03611
🏹 Target 1 0.04700
🏹 Target 2 0.05300
💸Capital : 1%
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HNTUSDT TIME TO BUY ???Trade well, ❤️❤️ If you find this helpful and want more FREE forecasts in TradingView
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RVN loading up for a move!Here's a quick Look at RVN 1 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant.
The best entry would be when the price breaks above 0.0566$ with a good amount of volume . One to keep an eye on.
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The idea is: Buy when the price breaks above 0.0566$ and take profits at the levels shown in the chart.
Targets:
1. 0.058$
2. 0.0598$
3. 0.062$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
RVN broke out falling wedge pattern#RVN/USDT
$RVN broke out from long term falling wedge pattern.
now price is inside long tern resistance zone.
🐮 breaking out from this resistance zone that is the same with ascending resistance will increase price to upper resistances and final target of this pattern can be around $0.2.
🐻 break down from ascending support will invalidate this analysis.
🚀ETHEREUM- GPU mining alternatives!(RVN/USDT analysis)The #4 suggestion and alternative for Ethereum POW, for gpu miners , is RAVECOIN ,with an good potentialfor more growth ;
🔹Rank Rank #73,/ kind : coin POW \\ Market Cap:$578,683,244
Max Supply: 1,000,000,000/// Circulating Supply
: 10.47B RVN
50%====> good
🔰What is Ravencoin (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
📊Technical POV :
It seems that RVNUSDT has been fluctuating in a big descending channel , but since 13 Jun 22 ,it has started an impulsive wave , so if be able to take over current yellow (pivot) zone and breakout the higher trendline it will test the higher resistance zones , but otherwise may be rejected , and and can fall on the lower supports and continue its bearish movement in this bearish channel !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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RVNUSDT(Ravencoin) Daily tf Range Updated till 10-09-22RVNUSDT(Ravencoin) Daily timeframe range. A alt with optimal volume and retail interest. for its holders quality its less used by p and d groups. that brings some stability to its price action. its had many nice setups for scalps through out its levels. a reasonable price action always offers less risk.
RVN moved 20% up. What's next?Hello, dear TradingView members.
This is an RVN idea.
RVN touched the bottom of the channel and pumped 20% up.
After reaching the resistance price zone, it has been consolidating ever since above the channel. Will this become a breakout?
There are two resistance levels on the way up and also two support levels on the way down.
We have two possible scenarios in front of us.
Scenario One:
The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels.
Scenario Two:
The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel.
RSI is in the oversold area, so the price has room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Trading opportunity for RVNUSDT RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03616
🧯 Stop loss 0.03130
🏹 Target 1 0.04200
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝