🆓Ravencoin/USDT Analysis (2/2) #RVN $RVNRVN correction is paused in $0.023-0.024 zone, and at here a significant rebound is probable and the target is $0.035
📅NEWS
👉Jan 31, 2022 : Halving Block Reward
📈BUY
-Buy: 0.023-0.024$. SL B
📉SELL
-Sell: 0.035-0.037$. SL A
♻️BACK-UP
-Sell: 0.023-0.024$. SL A
-Buy: 0.0165-0.0175$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RVNUSDT trade ideas
70% for RVN? Possible but riskyYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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RVN/USDT - Raven at key resistance, $0.018RVN made a nice 40% rally in the larger pennant and now we are at a major resistance point, $0.018.
I would be surprised if we pass this level without some chop price action . Therefore wait for a breakout to long or if we lose momentum, a short is also a nice risk/reward here to the base of the pennant.
The next significant resistance is $0.02 in case we break above current levels.
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RVNUSDT 4D : BEST Level to BUY/HOLD 70% gains(SL/TP)(NEW)RVNUSDT 4D : BEST Level to BUY/HOLD 70% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Congrats if you followed the original setup.
already making money. click play to recap.
🔸 Summary and potential trade setup
::: RVNUSDT 4days/cadnle chart review
::: chart looks good /strong
::: speculative U-shape recovery
::: limited downside from here
::: repeat fractal from the past
::: 70% gains BUY/HOLD
::: downside limited from here
::: BULLS buy/hold at market with
::: a tight stop loss
::: TP bulls is +70% gains later
::: exit near point D +70% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is +70% gains
::: recommended strategy: BUY/HOLD at market
::: TP BULLS +70% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RVNUSDT BINANCE:RVNUSDT
What we see now :
1- the price at 0.015$
2- the support level at 0.11$
3- the next resistance level at 0.14$
4- the candle at the support level now
5- now there is 3 positive buy signals
6- the price crossing the downtrend line
what we do now :
- wait for daily closing confirmation above the resistance level before taking position in this trade
- follow the robo for sell signals
Middle Term Analysis for RVN-USDTHi there!
The SEC has started auditing projects that run ICOs without permission.
Ravencoin didn’t do a fundraise / ICO sell. Nobody got rich on premines or set asides. Significantly, the decentralization of the project is higher, as its its stability. This word is quoted from a community account in Twitter. I support this idea personally but not as a recommendation. So I'm not a lawyer.
Let's do some T&A?
This asset is showing some recovering signs since my last analysis. The community announced that Ravencoin will be halved in last of 2021 or January 2022. If you want to confirm this information, you can check it from CoinGecko.
There may volatility during halving period. Be careful :)
My personal targets:
0.01518$ - Reached in last analysis ✅
0.01780$ - Reached in last analysis ✅
0.02200$
0.03400$
0.04100$+ - If there will be a FOMO, this target may possible, may this asset go to 10x? Time will say that.
My discourses, my analysis and my drawing are definitely not investment recommendations. Cryptocurrency trading involves high market risk. Please take care of your trades. My analysis is for educational purposes, I am not responsible for your losses.
RVNUSDT is trying to have a breakout from monthly 🦐RVNUSDT is trying to have a breakout from monthly resistance. IF the price will have a breakout, and turn the current monthly resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
✳️Ravencoin/USDT Analysis (19/12) #RVN $RVN0.0135$ zone is a very good support zone for RVN and gives RVN the ability to rise to 0.015$ and conquer this zone to rise to 0.018$ by the end of December. RVN can completely continue its uptrend as far as 0.025$ in early January.
If RVN loses this 0.0135$ zone, it will fall to 0.011$
📈BUY
-Buy: 0.01325-0.01375$.SL B
-Buy: 0.015-0.0155$ if A. SL B
📉SELL
-Sell: 0.018-0.019$ if B. SL A
-Sell: 0.0245-0.0255$ if B. SL A
♻️BACK-UP
-Sell: 0.01325-0.01375$. SL A
-Buy: 0.011-0.0115$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"