RVNUSDT - RISK/REWARD 1:10 - HALVINGRavencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved.
The current Ravencoin block reward is 5,000 RVN. After the halving in January 2022, the block reward will be halved from 5,000 RVN to 2,500 RVN.
We might be able to get good entry below 0.10$ during January and position ourselves for the halving which will happen around 12 of January.
Reclaiming 50/200 DEMA will be seen as bullish movement, and closing daily candle above 0.125xx will show a trend reversal to the upside.
Posting this without entering the market, but will keep this updated once an entry has been made.
RVNUSDT trade ideas
🆓Ravencoin (RVN) Jan-27 #RVN $RVN
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.06$ zone
🔴Buy : 0.06
🔴Sell : 0.075 - 0.085 - 0.1
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.06$ zone
🔵Sell : 0.06
🔵Buy : 0.05
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Trend Reversal? Ravencoin!There's a green little dragonfly doji on the 5m at the bottom of this downtrend here. What do you think! Looks to have support, failure to hold .09200 could result in lower yet. .079-.087! Looks to have a stronger support at .09 thought that will be something to bust down. I bought on the dojjjj lol :) looking for a quick intraday 5-10% trade.
Thanks and Happy Trading!!!
RVNUSDT Triangle and Flag patternTriangle Pattern and it is on Week Support right now. It is also creating a flag if its break easy 15% to 20%.
BuyZones:
0.1 (Buy Zone) 0.095 0.091 (Buy Zone) 0.8810 0.078 0.073 0.060 0.048
Take Profits:
0.115 0.125 0.146 0.175
StopLoss:
15%
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
RVN Long option tomorrowWith 1 hour to go it looks like RVN/USDT on binance is climbing to exactly the .786 fib lvl
This will end wave 4 and start Wave 5.
So a opportunity for a long here.
Your stop loss could under the wick of today and your goal could be a 1:1 or 1 lvl higher because it will run on some resistance.
Lets see if this plays out as expected
Rvn one of the best choice for bye at this timeOne of the best currencies that we expect to see good prices these days is the Arvan. Given the volume of good deals it has had over the past few weeks, it can be the best choice to make a good profit from the market.
Given the trend, we expect good growth in the next few days. We can also expect the uptrend to continue as the candelabra cross the Como cloud. Appropriate buying and selling points in the chart shown For good profit, you can use the specified range of buying and selling operations.
Trade alert (Raven coin)Raven coin has recently broke out of this bull flag pattern and is now looking to confirm it. That is the trade if you so choose to do it. the confirmation is it must close above the flag on the daily or weekly. Target is set at 40 cents good luck and have fun.
Remember, there is no guarantee.
This is not financial advice.
🔥 RVN Massive 1-Year Bull-Flag Break OutRecently I made an analysis on RVN and the incoming break out. Since then, RVN has appreciated over +25% in value, congrats if you took the trade.
For now, we're lacking follow-up because of BTC distress. I'm anticipating a re-test of the top resistance of the chart pattern.
Targets remain the same as before, placed at recent tops.
Happy trading!