RVNUSDT trade ideas
Raven (RVN) Price Prediction June 9 21 | 14x ROI!? After a much-needed retracement, we are setting up for a descent long is structure holds as support!
Patience is a virtue and that's why I suggest waiting or even missing traders versus forcing them. If you forced the long from the last time I spoke of raven you would be in a bad position at the moment. trading == patience.
GOOD LUCK TRADERS!
RVN now in area where we can enter with caution Eliot wave completed and market is inside triangle and now its likely to break maximum chances is up but if we get candle close below trangle then we can expect more down move so now we can enter trade with tight SL to get max profits.
🆓Ravencoin (RVN) June-3 #RVN $RVNThe buying volume is increasing and RVN is heading to 0.14$ and 0.18$ in this June. But if it loses 0.08$ zone, it may fall down to 0.05$ zone
📈BUY
- Buy : 0.078-0.082$. SL if B
📉SELL
- Sell : 0.137-0.143$. SL if A
- Sell : 0.176-0.184$. SL if A
♻️BACK-UP
- Sell : 0.078-0.082$ if B. SL if A
- Buy : 0.048-0.052$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
RVN Short setup with pivot pointsClear downtrend and the price is near to trendline.
Small percentage of stop loss and maybe a high profit.
Not financial advice just structure analysis.
One more try to buy the deep!Above upper wedge line if the price will not rejected from the stop grabber zone there is a high probability free space for huge upside movement!
RVN long term. Possible breakout one of these days. If btcdo his thing and break 42k>46k>53K then we can see from RVN a big move upwards.
Triangle VS ABCWe have two acceptable patterns at the moment and we should wait to see which one will dominate!
As we have expectation of deeper Btc movement at 41k around I am voting for ABC for now!
RN/USDT explosion RVN ready to explode at .11 great buying opportunity short-term possible 100% profit ROI.
$RVN holdng support line of lows - FEB$RVN holdng support line of lows - FEB
I am holding 50k coins of RVN
$RVN Make or Break?BULLISH - It has to go back up into the uptrend line
BEARISH - If it breaks out of RZ, then it will fall into the descending channel.
TIME WILL TELL US THE DIRECTION
RVN range tradeRVN/USDT has been consolidating for quite some time now and it looks like it might finally be ready to move up a bit. It has just confirmed a low and formed a bearish gartley. It is also showing bullish divergence on the MACD which would indicate a continuation to the upside. Profit taking would be at the PCZ of the gartley which is also the 0.668 fib level from the high and low of this range. Partial profits could be taken at an intermediate resistance level as indicated by the chart. This is my first ever analysis I'm publishing so please go easy on me :)
RVN Scalping orderis not really strong level if break the trend can make new low
ENTRY : 0.128
SL : 0.106
TP : 0.177
Risk : 17%
Profit : 38%
