$RVNno sign of strength as of now
above the previous range low or white thick line
still in this invalidation close below thick white line
RVNUSDT trade ideas
"Emerging Trends: What the Future Holds for RVNUSDT Traders!"RVNUSD symbol analysis of cryptocurrency market in long term time frame Currently, the market is in a downward trend and it can continue to decline as long as it maintains the downward trend line. Move towards the previous ceiling to the range of 1.00000
The most important number is 0.02500, which will be the support range if the upward trend line is broken
⚡️RVNUSDT CMC TRADING ⚡️ DEMAND AND FAIR VALUE GAPSRVN is currently displaying a short-term bearish channel breakout on the 15-minute chart, complemented by a robust demand zone. This suggests the potential for a reversal or bullish rally to the upside, aiming to fill the Fair Value Gaps (FVGs) formed during the recent price crash.
RVN Breakout the weekly Downtrend What Next ?!!!!DCA From here to Demand Zone would be great for upcoming targets
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.
$RVninvalidation below white thick line
flip yellow to keep going for above 2 levels
rsi on upwards incline bounced from 7 ema on weekly
Rvn the sleeping giant1st target is 0.07898
2nd target is 0.11986
3rd target is 0.15291
Final target is 0.18585
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!
🚨 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
#RVNIt is moving in a descending channel, and the last part consists of a five-wave, which can be the last log or the C log, which continues to the bottom of the channel.
$RvnOn the brink of a significant breakout, a symmetrical triangle has taken shape. In the event of a breakout, anticipate a bullish rally of 170-200%.
Ravancoin $RVNUSDT WeeklyLong-term descending channel breakdown
Above the upper Bollinger Band line
The Moving Average 7 is below the candles
Volume is increasing significantly
RSI and Bollinger are similar to previous bullish runs
a short-term price increaseThe price of RVN seems to be increasing by working together
Since it's a coin with a lot of miners, it's hard to predict how to react.
But if you look at the situation in crypto for the fortress, you can see the rise.
RVN - Bulls in dominance 📈RVN broke out the descending trendline, and it is currently testing the resistance area.
I believe the price will consolidate a bit, and perhaps return to the ascending trendline before continuing its upward movement.
🌟🔍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! 🧠💼
RVNUSDT elliot wave analysisHello
Here is the wave analysis of RVN in daily TF
Let me know what you think about it?
RVN on the moveIs it RVN's day today. Let's hope so. with a buy print and considerable volume. I expect a great rise from here.
DYOR
RVN is preparing for the pumpWe have a large diametric for RVN. We now appear to be in wave f from E. In wave g from e inside the green range, you can look for buy/long positions.
This analysis has been updated and linked.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RVNUSDTAs seen on the chart, amidst the bullish market of October, Ravencoin has remained bearish indicating loss of interest by investors. It keeps forming LH and has not performed well since the start of the year. The oscillators are indicating a bearish divergence. Entry at 0.01719, TP-0.01679, SL-0.01724
Rvn to hit 0.024 this monthThe 0.018 resistance line became a support line and rvn supposed to enter in an uptrend this month and might hit 0.024
$RVN BREAKOUT Falling wedge in Weekly TF And also retested ** NGM:RVN BREAKOUT Falling wedge in Weekly TF And also retested **
Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow:
1. **Identify the Falling Wedge:**
- Look for a downtrend in the price movement.
- Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support).
- The pattern resembles a wedge pointing downwards.
2. **Confirm the Falling Wedge:**
- Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease.
3. **Wait for Breakout:**
- Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge.
- The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout.
4. **Entry Point:**
- Enter a long (buy) position as soon as the price breaks above the upper trendline.
- Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts.
5. **Stop-Loss Placement:**
- Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge.
6. **Target Price:**
- Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point.
7. **Risk Management:**
- Consider your risk tolerance and position size to manage your risk effectively. The risk-reward ratio should be favorable.
8. **Monitoring the Trade:**
- Keep an eye on the trade to ensure that the price continues to move in the expected direction. Use technical analysis and other indicators to guide your decisions.
9. **Profit-Taking:**
- Once the price reaches your target, consider taking profits. You can also use trailing stop-loss orders to lock in profits as the price moves in your favor.
10. **Adapt to Market Conditions:**
- Be adaptable and monitor market conditions. If the breakout does not follow through as expected, be prepared to exit the trade with a manageable loss.
Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.
