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RVNUSD trade ideas

RVN 668day since ATH Feb 2021 Tip: Old coins looking strong right now because they have been in the longest correction period ever! compared to the hype of new projects of 2021 ... Also they survived many crisis already so I feel safe in them over shitcoins like Sol and other new 2021 coins that keep minting new supply. However, old coins already all of them reached max supply so I won't worry about rug-pull. RVN all-time-high is Feb 2021 ! rare to find a coin that has been on this long correction, also RVN usually follows LTC and LTC halving August 2023 and if you have seen my LTC halving chart you will know that LTC big pump is coming months before the halving and then miners distribute selling local top June-July just a couple of months before the hype of "LTC halving is coming...." news. You heard it here first, just almost a year ahead. Get ready for 2023 bounces not a new ATH but good bounces to the scalp with a high % return. Don't think of a new ATH unless after we bounce Bitcoin and retest.
BINANCE:RVNUSD
by Nxgencrypto
1
RVNUSD Strong success on our call. Make or break time!The Ravencoin (RVNUSD) is having an impressive first half into September as it held the 1D MA100 (green trend-line) as Support and rose aggressively above both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) to hit the Red Trend-line and the top (Lower Highs) trend-line of the long-term Channel Down pattern, as we illustrated on our previous July 29 analysis: As you see, the pattern played out exactly as we projected. That brings RVN ahead of critical crossroads. It is make or break time, as even though the rally that practically started after the Inverted Head and Shoulders pattern on the June 15 low, is strong enough to break above the Channel Down, we have to respect the red trend-line that has signaled a sell opportunity every time it has been touched. As a result, being that close to the top of the Channel Down, a sell trade with the SL tight at the top of the pattern, offers a very favorable Risk/ Reward Ratio, with the target being the 1D MA100 just like on September 21 2021. However, be ready to reverse to buying again, if the top of the Channel Down breaks. In that case, will will target Resistance 1 at 0.14250. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:RVNUSD
by TradingShot
4
RVNUSD 0.0600 Ultimate TargetRavencoin (RVNUSD) has seen a very strong and rapid growth in the past 3 days after rebounding on the 1D MA50 (blue trend-line) and is now very close to the 1D MA200 (orange trend-line). The last rise of such magnitude has been from July 30 to August 11 2021. RVN is doing so after a clear MACD Bullish Cross on the 1W time-frame with the bottom formation of June 15 being an Inverse Head & Shoulders (IH&S) pattern. That has a technical target of the 2.0 Fibonacci extension. Since we are that close to the 1D MA200, it would be less risky to buy only if it breaks or upon a pull-back to the 1D MA50. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:RVNUSD
by TradingShot
5