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Ravencoin / TetherUS

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RVNUSDT trade ideas

RVNUSDT (RAVENCOIN) - POTENTIAL BREAKOUT ANALYSIS 🔎 - RVNUSDT is printing a falling wedge (FW) pattern. - A falling wedge pattern is a reversal pattern. - A bullish pattern to be precise. - RSI is printing a bullish divergence signal (BDS). - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support.
Long
by Chibuike_Odoh
RVN/USDT Descending triangleWe can see a descending triangle on 4 hour chart of RVN/USDT (Binance). DESCENDING TRIANGLE has bearish reversal interpretation. If it breaks it support line it will breakdown to the marked point. Red lines represents major resistances while green are showing major supports. We can clearly see 2 valid taps on resistance line and support line inside the formed triangle. Dial indicator showing ( Bought indicator ) means that the current volume is at sell signal.
Short
by NoumanAhmad
🆓Ravencoin/USDT Analysis (23/3) #RVN $RVNThe buying force has come into RVN at its support at 0.18$ zone and RVN will come back to retest the 0.23$ zone, which rejected RVN several times in the last few days. If it can conquer this 0.23$ zone, it will keep moving up to retest the last peak at 0.28$ or even 0.35$ and 0.45$ zone in next April 📅NEWS 👉Apr 9 : Austin Blockchain Week 👉Jan 31, 2022 : Halving Block Reward 📈BUY -Buy: 0.18-0.19$. SL if B 📉SELL -Sell: 0.225-0.235$. SL if A -Sell: 0.28-0.29$. SL if A -Sell: 0.34-0.35$. SL if A -Sell: 0.45-0.47$. SL if A ♻️BACK-UP -Sell: 0.18-0.19$ if B. SL if A -Buy: 0.145-0.155$. SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
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