RVNUSDT trade ideas
RVN/USDT Analyst Daily 🤭Hi 🖐
As you can see in the chart, the price was supported in the green range of 0.017 cents, and with the formation of the Dynamic Support trend line, it was able to easily break through the resistance area of 0.047 cents, which has now become a very strong support (Daily Support). Pass in this encrypted.
Currently, the price has reacted to the resistance area of 0.08 cents and we are also witnessing a collision with the dynamic resistance trend line, which coincides with the saturation of the RSI.
The price can experience a correction to the support area of 0.047 cents and continue its upward trend if supported in this daily area.
Resistance areas: 0.08 cents, 0.1 cents, 0.13 cents
Support areas: 0.047 cents, 0.027 cents, 0.017 cents
Aeztoday Team ✔🌟
Emergency Short RVNI am currently away from my computer, but I had to bring this coin to your attention. Raven just hit a strong weekly resistance level and the daily looks like it’s ready to retrace. We have a strong bearish divergence playing out. This could get bloody very fast. My target for a Wave 4 move is the .618 fibonacci level.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
🔥 RVN: The End Of The Bear Market?RVN is one of the few tokens who I think is nearing the end of its technical bear market. Even with the most recent bearish news hitting the markets, RVN appears to be unstoppable and is trading near a long-term resistance.
For the coming week, this resistance is key. For the bulls, the ideal scenario would be for the price to break out, retest the resistance as support, and move back up towards $0.10 and beyond. RVN might pull off what LINK pulled off last bear market, namely being one of the few tokens which continues to gain during a stressed market.
The bearish case is clear; a reversal from the top resistance and a move back down towards the bottom support of the channel.
For either way, be patient and wait for confirmation of the trend.
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐
I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO.
Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours.
RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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can it bounce here? make or break area 👀currently using previous resistance as new support/also holding above strong trend and RSI supports.
bounce from these levels will lead to nice rally, but break of trend support/.05775 will lead to a lot more downside. goodluck, drop boost and follow for more :)
Raven Coin the Miners next dreamNow that Ethereum 2.0 is finalizing RVN ran good. I wanted to post the other day prior to this second run up. It is now currently at appoint where it will correlate and move sideways or correct up to 20% if the market drops. Because it has ran high in price if BTC takes a leg up it may not run that much Look for entry for a short. If it breaks up look for an entry higher.