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Ravencoin / Bitcoin

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RVNBTC trade ideas

RVNRavencoin made big move up and there is space for more but also some retracement is possible. Zone at 197 is broken hard and price is now under new resitance. It would be good to see some pullback before new attempts to grow because forming support at some of these zones would create more strenght to push price up. RSI is in bullish mode but some retracement would be also good for continuation of growing. MACD is still in bearish mode,but it is very close for changing it to bullish and that would cause some new bullish impulses with the price. This is very risky zone for buying because resistance is so close and it would be better to wait some pullback for buying. First support zone (blue box S1) is place where I expect rejection in case of going down and that is safer place for buying some RVN. You can put order with 34% balance you want to spend on RVN and leave rest for lower zones in case it reach it.
by Abmoon
1
RVN BTC - Expect some Profits - 500% Profits PotentialRepost - 3 August 2020 This pair seems good at this price. You can add some entries at Entry 1 - 0.00000190 Entry 2 - 0.00000181 Profits (Short Term) TP1 - 0.00000198 TP2 - 0.00000228 TP3 - 0.00000246 You can also expect profits from 0.00001000+ too. But I would suggest we can fix some profits at regular intervals and rebuy if we see any dip. SL - 0.00000173 on 4h candle close. RVN BTC pair is also available at Binance exchange with up to 10x margin.
Long
by danishahmed
RvnBtc looking tempting for big moveHello guys, My eyes catch RVN today and I believe this worth accumulating for big move. The idea is showcase with tight stop loss. Do not joke with your stop loss as it become very important. Kindly go through the chart and do leave us your comments to let us know how you feel about our view, Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas Thank you.
Long
by weslad
5
Is this bird going to fly soon?This one of the lowest point for this bird. It seems that every time it wants to break resistance it loses support and go lower on some point. Now it seems that is can form some support (on lower timeframes you could see better) and that is bullish sign. In bullish scenario it would be good to see resistance broken and that it becomes new support. For that scenario it would be better to see some more volume on OBV chart. Also RSI chart doesn't look very bullish and it could be easly rejected from red line on 50.00 and that could affect the price. In bearish scenraio we will test support on 177 and that is nice place for buy zone (between 177-183 sat) , but it is better to wait for that and also follow chart on smaller timeframes to get good entry trigger. As always trading with altcoins is very risky because it depends a lot on BTC and BTC dominance.
by Abmoon
RVNBTC daily: BUY/HOLD 30% gains possible/likely.(NEW)Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates RVNBTC daily: BUY/HOLD 30% gains possible/likely.(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: RVNBTC daily chart reviewoutlook ::: Speculative bullish setup ::: fake breakout of the key level ::: and fast reversal to re-test ::: recent highs near 250 sats ::: 30% gains possible from here ::: strategy: BUY AT MARKET ::: TP BULLS 30% gains ::: BUY from my level and get rewarded ::: good luck traders 🔸 Supply/Demand Zones ::: dem/supp N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment short-term: BULLS ::: Sentiment outlook mid-term: BULLS
Long
by ProjectSyndicate
2
Bear Flag on RVN.Hello, traders. RVN is forming a Bearish Accumulation pattern called as a Bear flag. A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag. The bear flag pattern comes after a strong move downwards. The stronger the move, the bigger the profit potential is. After we identify the market trend and the characteristics of a good bearish flag pattern we need to wait for confirmation that the trend is about to resume. There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of bigger profits. Best regards. Sando and Gustavo.
Short
by MarketMinds
1