RVNUSDT trade ideas
Explosion movementHi guys, the chart is moving in an upward trend in the channel, which has hit the bottom of the channel again.
From the point of view of Price Action, the studies performed, including the slope of the chart and the speed and appropriate correction, with respect to the damage limit, are prone to reach the canal ceiling.
Thanks
🔥 RVN Bullish Price Action At HandOver the last two weeks RVN has drawn a fascinating chart. Every 3-5 days there's suddenly this massive buying spree, making the price shoot up by 30-50 percent in a matter of hours.
Most interesting is the fact that before every buying spree occurs, the price dips. The dip (and corresponding recovery) is exactly what's happening now.
If history will repeat itself, we're in for a treat fairly soon.
Happy trading!
🎓#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%)
RVNUSDT - EW analysis - up or down ? RVNUSDT - It seems like 5th wave of larger impulse completed in diagonal as 5th wave truncated wave. The two probabilities at current level, one is bearish corrective trade set up with stops above 0.2735 level. Another is Buy set up if price crosses above 0.2735 with high volume which would be the part of 5th wave further subdivision. Currently it seems like first option will unfold.
Give thumbs up if you really like the trade idea/analysis.
movement maximalisation for the next move of RVN i don't believe btc will crash further from here and i feel pretty secure trading without SL before untill btc reaches 70-85 k region.
it's almost impossible to trade stop losses with the constant flash crashes
that is why it's important to maximalise your trades with some micromanagement