RVNUSDT trade ideas
$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%
RVNUSDT bearish trendTrend line should be watched for potential breakout for long or decline for short positions. I'm just sharing my scanning results later i am planning more detailed technical analysis as i did before
Our buy level works fine, what is next?We have Two important levels for watching now!
Extension 100% and 161.8!
Good luck!
RVN is in a minimum priceRVN touched its supporting line and now the price is at the floor of upward channel. On the other hand RSI indicator trapped in a descending channel. If the static resistance at the price of 17.8 ¢ broken, the price of 28 ¢ is accessable for RVN; If not it will exit from bottom of channel and oscillat around 16 ¢ for a few weeks.
RVN/USDTRVN is forming a falling wedge with potential rise at .14 or .11 depending where Btc stands with target of .20-.23. We will find out RVN’s movement and target after BTC breaks down with a target of 42-44k
RVNUSDTthis alt is in a big scale sideway which has a tend to be bearish (like a 3 degree trend) anyway the chart has the potential to be pump soon which shadows in the chart calls for it and we don't want to miss such a thing as a trader or profit hunter or scalper or even a HODLER
👉This idea has the confirmation of "advanced price action"
👉For more information don't be shy and get in private chat of trading view
👉Hit share and spread the information in public chats or your twitter for everybody to get profit
RVNUSDT (08.05.2021)The price of RVNUSDT fluctuates in the range of $0.19-0.16.
Earlier, was a rising impulse was formed, which was accompanied by an increasing volume of trades.
In addition, the line of the downward trend was broken.
We recommend buying RVNUSDT to hold a long position above $ 0.3-0.4
The green triangle failed but maybe the red one will work!Let's see what we can expect from this scenario!
Our previous buy level is still the same and in this scenario we have two targets !D and E point!
For longer term buys wait for wave E end point !For progress of this scenario will need few month!
RVNUSDT ASCENDING TRIANGLERVNUSDT is making an ascending triangle in the 4h period. Once it is broken upwards with a good volume and after a possible re-test, it is good to open positions. Resistance and support levels are given in the graphic. This is not a financial advice.
RVNUSDT Reverse SHSAs seen on the trend chart, reverse shoulder-head-shoulder structure has been formed.
This is not an investment advise.
