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Ravencoin / TetherUS

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RVNUSDT trade ideas

💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06040). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . RVNUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.06816 TP2= @ 0.07382 TP3= @ 0.08097 TP4= @ 0.08833 TP5= @ 0.09613 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
RVN loading up for a move!Here's a quick Look at RVN 1 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 0.0566$ with a good amount of volume . One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 0.0566$ and take profits at the levels shown in the chart. Targets: 1. 0.058$ 2. 0.0598$ 3. 0.062$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
10
🚀ETHEREUM- GPU mining alternatives!(RVN/USDT analysis)The #4 suggestion and alternative for Ethereum POW, for gpu miners , is RAVECOIN ,with an good potentialfor more growth ; 🔹Rank Rank #73,/ kind : coin POW \\ Market Cap:$578,683,244 Max Supply: 1,000,000,000/// Circulating Supply : 10.47B RVN 50%====> good 🔰What is Ravencoin (RVN)? Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code 📊Technical POV : It seems that RVNUSDT has been fluctuating in a big descending channel , but since 13 Jun 22 ,it has started an impulsive wave , so if be able to take over current yellow (pivot) zone and breakout the higher trendline it will test the higher resistance zones , but otherwise may be rejected , and and can fall on the lower supports and continue its bearish movement in this bearish channel ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
by PRO_SMART_Trader
2
RVN moved 20% up. What's next?Hello, dear TradingView members. This is an RVN idea. RVN touched the bottom of the channel and pumped 20% up. After reaching the resistance price zone, it has been consolidating ever since above the channel. Will this become a breakout? There are two resistance levels on the way up and also two support levels on the way down. We have two possible scenarios in front of us. Scenario One: The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels. Scenario Two: The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel. RSI is in the oversold area, so the price has room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
6
Ravencoin can reach $1Hello friends, This is a long term idea I have for Ravencoin. Not based on technical analysis per say . Ravencoin is widely considered as Bitcoin 3.0. It is a fork of bitcoin with a lot more utility. Similar to bitcoin , Ravencoin also has a halving. A halving is when the mining block rewards gets cut in half. Initially Ravencoin was being mined at 5000 rvn every min. But since its very first halving this last January the reward got cut in half and is now 2500 per minute. This coin will halve every 4 years similar to bitcoin becoming a deflationary coin. Also the creator Bruce Fenton is currently running for US Senator. I can see this coin going to at least $1 by the end of this year. Also Ethereum's merge in two weeks will bring new miners to the network raising the demand. $10 in 5 years. I am Long right now on Ravencoin. Especially with this Merge for Ethereum. Miners are coming to Ravencoin which in turn will secure and raise the price of Ravencoin.
Long
by PanchoMonedas
The GPU mining token of choice! Opinion: - GPU mining token of choice - Decentralized at the roots, being a BTC fork of the code. - NFT marketplaces GPU miners that do not intend on stopping after the merge, are likely to move towards RVN. This will grant RVN with a stronger and more decentralized network. In terms of hashpower it is likely to be seen as a network of choice. Very bullish on it long term. #GPUMINERS #LONGTERMULTRABULLISH Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Long
by TheBitcoinGeneration
Ravencoin Price prediction Hello friends, This is a long term idea for Ravencoin. Not based on technical analysis. Ravencoin is widely considered as Bitcoin 3.0. It is a fork of bitcoin with a lot more utility. Similar to bitcoin, Ravencoin also has a halving. A halving is when the mining block rewards gets cut in half. Initially Ravencoin was being mined at 5000 rvn every min. But since its very first halving this last January the reward got cut in half and is now 2500 per minute. This coin will halve every 4 years similar to bitcoin becoming a deflationary coin. Also the creator Bruce Fenton is currently running for US Senator. I can see this coin going to at least $1 by the end of this year. Also Ethereum's merge in two weeks will bring new miners to the network raising the demand. $10 in 5 years
Long
by PanchoMonedas
4