RVNUSDT
RAVEN Coin broke outBINANCE:RVNUSDT broke out of the pennant pattern. Targets are shown on the chart, stop loss 4 Hr candle close below 0.119$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
RVNUSD Technical Analysis
⏳ Spot
💎 RVNUSD has formed a bullish flag. The price has made HLs and wasn't able to go all the way down to the bottom line of the flag and got rejected at the Pullback zone.
🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.12600000
☕️ TP1 0.13397100
🍺 TP2 0.13950000
🍻 TP3 0.14378250
🍾 TP4 0.14900000
🍷 TP5 ___________
🍸 TP6 ___________
🍹 TP7 ___________
🎁 TP8 ___________
🚫 SL 0.11900000
Good Luck 🎲
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💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.1395
TP2= @ 0.1491
TP3= @ 0.1600
TP4= @ 0.1779
TP5= @ 0.2048
SL= Break below S2
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RVNUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is fluctuating inside a rising flag. We are waiting for him to see the above target if the resistance line breaks and stabilizes above the line. But if the price penetrates below the line and stabilizes, we consider further decline.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
RVN fibonacciBINANCE:RVNUSDT
Price after again failed to break your channel to
Inside the channel has done the return and to the foreign Fibonacci
It has reached its price and returned with the current situation
We have to wait for confirmation to climb to the canal ceiling from the candlesticks
And if the price continues to fall after the break of 1.414, you can
Enter the floor of the canal in the form of scalp and leverage
RVNUSDTHello to you all. Mars Signals team wishes you high profits at all times
We are in daily time frame. As you can see, the price has moved upwards after the break of the resistance line. If the price does not penetrate into the triangle, it can touch its target over time.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
RVNUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
RVNUSDT has broken above the Flag and after the retest it would go higher. Pullback is expected.
⬆️Buy now or Buy at 0.14190
⭕️SL @ 0.13390
✅TP1 @ 0.15950
✅TP2 @ 0.17000
✅TP3 @ 0.18500
✅TP4 @ 0.19990
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
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Have a Profitable Day
RVN/USDT - Cup and handle - Raven to $0,50On the RVN USDT graph we can see that the “Cup and handle” pattern has been formed. This pattern may mean an imminent large increase in price. We also see a shift to the 4h RSI graph, from bearish to bullish trend. Price prediction in in the coming weeks and months is $0,50. The price was obtained taking into account the price increase from the bottom in June ($ 0,04) to the August peak ($ 0,165).
SHORT RVNThe price has crossed the kumo cloud and now is below the cloud, in the meanwhile the baseLine and Conversion Line had a crossover as well as the fact that this area has been a key area as support and resistance for multiple times and now seems to be acting as a resisitance plus EMA50 has been crossed and now is acting as a resistance combined with the key area together which gives us a reversal signal which makes it a nice opportunity for a short position.
NFA
LONG RVN/USDTRVN broke out of the triangle, retest done, and now it is ready.
Enter at $0.148 to $0.151
SL: $0.14
Targets:
$0.158
$0.164
$0.171
Accumulate with close stop loss.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
RVN100 trades crypto series
Starting date: 9/August/2021
Day 4
Starting capital: $500
Capital at present: $583
Trade nr. 11
(all trading ideas in the series with comentary and outcome can be found on my profile)
As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT.
Also I was luck enough to catch the BTC market cap dominance rising in a short term which was also a good indicator that alts will bleed.
BEARISH VIEW:
-Tight bear channel
-mega rally of this coin made me believe that bigger correction is in tact.
BULLISH VIEW:
-75% of bear channels will eventually break upside, which we can see later in the in this downtrend.
However after such a strong leg down, at least double top can be expected