#RVN - Where to Buy and Where to Sell :) The price is consolidating above the support levels, inside the descending channel, and preparing for a reversal. At the moment we have two levels from where the asset can start growing, both of them are mentioned in the chart btw. You can start closing your position (selling) in the middle of the channel or close to the upward channel's border. Other targets are mentioned on the chart.
RVNBTC trade ideas
RVNBTC Trading opportunity 80-160% targetPrice approaching strong accumulation zone. Spotted strong ISHS pattern.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to our risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
RVN LOVES TRIANGLES!We can see RVN had a massive drop after being in a descending triangle it had nearly a 30% drop leaving a huge wick. We can start to see some form of recovery it has now entered new triangle but this one seems to be the complete opposite will it break above on this and climb back to the 362 region?
$RVN, Descending channel testing support level at ~305 sats...$RVN
Inside a descending channel testing support level at ~305 sats
Breaking from here could lead to big recovery back to ~350+ sats
For now just set alerts and wait for it to happen or take a risk with a SL under support...
#RVN
Over the last few weeks I have been managing my Stop losses, Take profits and trading in general through the "Smart Trade" platform that 3commas offers... It has been a really nice experience
Thanks
Buy RVNAfter a strong uptrend (1,2,3,4,5) of the five, the price started to correct with waves (A) (B) (C) the movement C formed for a long time and formed a kilin, after which the wedge was broken. Later, the price fell back to a strong support level, having formed a double bottom. Most likely, growth to the level of 0.618 should follow
Altcoins: Consider Ravencoin (RVN)If blockchain investment is back (per President Xi), then altcoins can start new uptrends.
One beat up coin is Ravencoin (RVN). RVNBTC is holding on a big Fib speed resistance line near 300. For us, upside potential is a move to the previous 4th wave at 900. That is a potential 3X return.
Bottom Line: If blockchain is back, and the tokenization of everything happens, and there's nothing hidden wrong with Ravencoin, we see RVNBTC as a good risk-reward long.
RVNBTC forming bullish Shark | Upto 23% expectedPriceline of Ravencoin / Bictoin cryptocurrency if forming a bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 100 simple moving average support beneath the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000379 to 0.00000358
Sell between: 0.00000399 to 0.00000442
Regards,
Atif Akbar (moon333)
RVNBTC FORMED A BULLISH SHARK | A BUYING OPPORTUNITYPriceline of Ravencoin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000429 to 0.00000420
Sell between: 0.00000437 to 0.00000455
Regards,
Atif Akbar (moon333)