RVNUSDT trade ideas
RVNWhy will this bird fly so far? If you know what mining is or do it, then in terms of profitability, ETH is now in 22nd place, despite its colossal growth.
RVN is currently in 5th place, but I looked at the yield a few days ago, it was in second place.
Miners choose RVN. Capitalization 800 million, which is not much for a huge number of users.
Goal $ 1.
RVN SYMMETRICAL TRIANGLERVNUSDT (Daily Chart) - Technical Analysis
Entry : 0.095 - 0.0102
TP 1: 0.110
TP 2: 0.122
TP 3: 0.150
TP 4: 0.177
TP 5: 0.230
Stoploss : 0.083
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
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Ravencoin - Long PositionThe price of Ravencoin has fallen by 6.13% in the past 7 days. The price declined by 1.79% in the last 24 hours. In just the past hour, the price grew by 0.35%. The current price is €0.096331 per RVN. Ravencoin is 62.95% below the all time high of €0.26.The current circulating supply is 10,198,255,000 RVN.
#Raven Coin - Another Cup 'n Handle pattern,Prepping for .21205 Raven has recently formed another Cup n Handle pattern after the previous larger cup n handle got rejected.
The recent smaller Cup n Handle formation is almost complete and we may be getting ready to move towards .21205
#Ravencoin block reward HALVENING is in approx 40 days will be one of the biggest trigger which will lead us to newer ATHs.
*There was no PREMINE / NO ICO in this project
*PURE DECENTRALIZED PROJECT (Can't go wrong by vesting in RVN)
rvn long swing ~rvn is flashing a daily algorithmic buy signal today,
usually a daily buy signal is the key indication for a big move up
might consolidate a few more days, but it's coming.
after the initial 5 waves up rvn saw a simple zig-zag into a shallow wave (2) of a higher degree.
looks to have been in a leading diagonal ever since that low into a wave 1 until the recent dip which hit the golden zone perfectly into wave 2.
sub-wave 3 target = $0.24, but i'll be exiting at the 100% extension most likely at $0.17.
taking profit at every fib level is the plan, might leave a runner after the 100% extension if the indicators look good.
[Update] RVN / USDT big potential for buy now DailyHi everyone, RVN / USDT is in an uptrend with a test of its horizontal support and an attempt to come and check its resistance zone.
There is a strong opportunity to breakout the resistance for a price increase in order to return on the next one and a correction will take place before breaking out this time the diagonal resistance.
A pull back on it is expected to know if he closes a bull trap before the touch of the line of strike and a return of volume.
This is not an investment but a recommendation for use
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🦅RVN- 200MA/key level/dynamic supportThe price is consolidating and is being supported by key level, 200EMA, dynamic support and node of high volume. Doesn't seem to care about BTC dump. Although it's better to stay away and do nothing right now unless you're scalping, this might be an opportunity for a quick trade, but because of current market conditions even if the price breaks out we can expect high sell pressure right away (look at the wicks on ALGO, WAVES or AUDIO from today)
Entry: buy at current price
Targets:
local levels(red) and:
0.15034
0.16901
0.20418
0.24891
0.28932
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About 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, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones.
Source: coinmarketcap
RVN bullish for a long time now 🟢BUY LIMIT - LONG🟢
Currency: RVN/USDT
🟢ENTRY🟢 BUY LIMIT : 0.105
🏛️ Exchange: Binance
⌛ Estimated duration for last target: 16H
⚖️ Recommended Leverage: 10x-25x ( i do it x50 leverage then adjust the stop loss )
💀 Risk: medium (Hight with more than x15 Leverage)
💸i call this risk it for the biscuit💸
💎 Entry Price: 0.12694
🎯 TP1 0.1302$
🛑 Stop Loss : 0.1258$