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Ravencoin / TetherUS

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RVNUSDT trade ideas

RAVENCOIN (by trojanbible) Ravencoin is a blockchain and cryptocurrency that aims to facilitate the transfer of assets from one party to another. It was launched in January 2018 and was designed to enable the creation and transfer of real-world assets, such as tokens representing physical or digital goods, in a secure and decentralized manner. Its protocol is based on a fork of the Bitcoin code. As for its founders, Ravencoin was proposed by Bruce Fenton, a prominent figure in the cryptocurrency space and the founder and managing director of Atlantic Financial, a financial advisory firm. However, the actual development of Ravencoin was led by a team of developers, with no specific individuals or centralized entity claiming ownership or control over the project. The project was set up to be community-driven and decentralized in nature.
Long
by TrojanBible
RVN WHAT WE ARE WAITING FOR!?Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. RVN WHAT WE ARE WAITING FOR!? As we can see price broke above our lower major high, for the bulls to be taking off finally. That being said price is now overall bullish trading inside this channel, then as the price will be approaching our lower rising trendline, then we will be looking for new longs on lower time frame as a trend-following one. Unless price managed to be trading higher and higher and broke above our upper major high then we will be expecting a long-term shift in momentum and we will be expecting new bullish movements. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Long
by Hadi_karaali
🚨 Impulse breakdown on #RVNUSDT🚨 SHORT #RVNUSDT from $0.0208 1h TF. For several days, the downward trend of movement continues for this instrument, after a strong impulse drop, the pressure from the seller continued and the price was gradually rounded into a short + an hourly level was formed with several smooth touches, the breakdown of which I will consider, trading volumes decreased noticeably, I expect to see an impulse breakdown at the feet of participants and movement into the buyer's area of interest at around $ 0.02
Short
by CScalp_EN
1
🌟🔍RVN's Breakout and Potential Rise 🚀 🔺 RVN's Key Weekly Trend Line Break: Ravencoin (RVN) has broken a crucial trend line in the weekly timeframe. It's been five weeks since the breakout, with a near 40% increase in price since then. However, the main bullish movement is yet to start. 🎯 Weekly Entry Triggers: The entry triggers for the weekly timeframe are set at $0.01946 and $0.02402. 🕒 4-Hour Strategy: In the 4-hour timeframe, a long position can be opened upon breaking $0.01946, with a stop loss below the previous significant low. 🎯 Weekly Target: If the market moves upwards, the weekly target is around $0.07719, equating to an approximate 302% gain. This target is aligned with the trend line breakout. 🛑 Stop Loss Strategy: For the weekly timeframe, the stop loss should be placed in a way that it doesn’t get hit easily during a pullback to the broken trend line. The safest area for a stop loss is around $0.01070, which is about a 40% risk. 📈 Volume Confirmation: It's crucial that the volume increases alongside the price rise for confirmation. 📊 RSI Oscillator: The RSI has broken its trend line and is facing resistance at 53.57 in the weekly timeframe. A break of this resistance could provide an early entry trigger. 📈 Accumulation Zone: The box between $0.01946 and $0.01388 could be considered as an accumulation zone. ⚠️ Bitcoin's Influence: Keep in mind that Bitcoin is entering a liquidity zone and may face a downturn, which could affect RVN. 🔑 Related Categories: Trend Line Breakout Entry and Exit Strategies RSI Analysis 📣 What are your thoughts on RVN’s potential? Share your strategies and insights! 💬🌐 #RVNAnalysis #CryptoOpportunities #TradeCityPro 📚 Remember: Cryptocurrency trading involves high risk and volatility. Always do thorough research and consider market conditions! 🧠💼
Long
by tradecitypro
20