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Ravencoin / TetherUS

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RVNUSDT trade ideas

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
2
🎓#Derivatives 🎓 $RVN / USDT 🎓Raven coin has had one of the blazing runs this season, but a hard rejection from the previous ATH could not be overcome. This pair has done +1200% in the last 3 months and with the trend in the market at the very moment. I feel it its best it go sleep on a short. Lets start with the over extended RVN. We can expect some hard support at the golden line. It has held out the for entire run. If that will appear to hold again, we could try scalping the long into this upper resistance to continue filling the flat top wedge in. ✖️3 Multiplier 🔸Current Price: $41.68 (+88% ~ ±440% profit) ❇️Entry: $0.211; $0.2255 🎯Take Profit: $0.198, $0.18, $0.54 ♦️Stop Limit: $0.23 (-5.5% ~16.5%)
Short
by HashedPlutus