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Ravencoin / TetherUS

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RVNUSDT trade ideas

🔥 RVN Pennant Break Out: Volatility IncomingA few days ago I made an analysis on RVN and its 10-month pennant pattern. As of yesterday, the price has broken out of the pennant and is likely to resume the trend. Classically, consolidation pattern break outs come with a decent amount of volatility once they break out. Since this is a 10-month pattern, I'm expecting a nice move in the coming days. A less risky trade would be to wait for the price to come above yesterday's high, around $0.15, before stepping in. Happy trading!
Long
by FieryTrading
18
$RVN/USDT 2D (Binance Futures) Big bull pennant on supportRavencoin revisited 50MA support and so far strong bullish reaction, let's step in. More information about that PoW (Proof Of Work) coin / P2P (Peer To Peer) network on ravencoin.org Current Price= 0.10890 Buy Entry = 0.10872 - 0.10132 Take Profit= 0.13573 | 0.16358 | 0.19291 Stop Loss= 0.08743 Risk/Reward= 1:1.75 | 1:3.33 | 1:5 Expected Profit= +29.24% | +55.76% | +83.69% Possible Loss= -16.75% Fib. Retracement= 0.618 | 0.883 | 1.117 Margin Leverage= 1x Estimated Gain-time= 3 months
Long
by TradingOn
Raven Coin Halving and the greatest LONG of your life!Ravencoin first came into public just over this time last year. I remember I had just got into trading crypto a few months early and people were stocked talking about RVN The fact that it was a bitcoin fork with no premine was a big deal... here was another chance to buy bitcoin early by buying RVN, and it was completely open to the public from day one, no developers keep huge chunks of the supply. Also RVN was ASIC resistant, which means the gpu cpu miners, common folk like us, wou8ld always be the ones mining, not the big boys taking over. So now it's almost 4 years from our first Halving event! Where block rewards will be cut in half. So the first major deflationary move takes place. When this happened in 2013 Bitcoin went nutty, and every halving since. ALSO! ETH is switching to POS here in the next couple months. Which means a lot of miners are switching over to RVN. A big ETH upgrade in August caused the first migration and there's expected to be a lot more in the next couple months as we approach ETH2 Also this coin isn't even on Coinbase yet!!! And they will for sure be adding it soon. Coinbase is out to make as much profit as possible, so they love timing releases of certain coins with in conjunction of a rally. They know RVN's halving will trigger a big rally and they will want in on that trading volume, and it's perfect for them to do a end of year release right in time for the halving. Lastly, we have this gorgeous flag that we are coming to the point of and breakout is looking to happen any day now. All the fundamental and technical analysis for this coin looks fantastic and I believe you should get in now. But maybe save some of your investment to add if we get one last dip down to the bottom of this flag. One more BTC pull back might cause a quick dip to 0.11 cent area. My targets? It's marker cap is currently at 1.2B sitting at 90th place. If it shoots up into the 20th place we will see it over a Dollar. A 10X seems doable 1) Previous ATH: 0.27/0.28 2) Fiftyy Cents~!3 3) and 1 dollar. Which I honestly think it's going to hit. But sell some on the way uupto secure those profits. a
by lillybear
6
RVNUSDT Technical Analysis⏳ Spot 💎 RVNUSDT has broken above the previous resistance and also got out of the triangle. After breaking above the descending channel and retest it seems that it is going to go higher 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 0.11619 - 0.12076 ☕️ TP1 0.13326 🍺 TP2 0.15463 🍻 TP3 0.18290 🍾 TP4 0.21095 🍷 TP5 0.24000 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 0.09800 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
2