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Ravencoin / TetherUS

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RVNUSDT trade ideas

TRADE OF THE DAY | RVN broke year old support pot. 18% ShortTRADE OF THE DAY | RVN broke year old support pot. 18% Short Not an overly complex trade here, lost a support that has held of a year with the initial bounce momentum slowing down on the retrace it is shaping up for quite a nice entry with some strong resistances now between entry and Stop-loss and a very comfortable take profit target sitting inside the first key support. Please beware that BTC is insanely volatile at the moment with the current SEC impact - which put this as a higher risk trade regardless of the strong technicals.
Short
by Kryptochristian
6
RAVENCOIN🐦PUMP AHEAD😎🚀For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
Long
by traderchamp_
RVN trend breakout A symmetrical triangle formation was formed on the chart, price consolidation narrowed very much, volumes also fell, liquidity was removed from the bottom behind the minimum and no maximum was blocked from above, as well as a large number of approaches to resistance and the current preload indicates a desire to break through this inclined, I expect a gradual breakdown of the formation and fixing the price above it to continue long to the consolidation maximums marked on the chart
Long
by CScalp_EN
RVN TREND-FOLLOWING! UPDATEHello 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'S NEXT?! As we mentioned in the previous analysis attached to the chart We were waiting for the bears to start the correction to catch the next bullish impulse wave. The correction happened and we are still overall bullish trading inside this channel. Meanwhile, and for now we will be waiting for now confirmation, we are waiting for a new swing high to be formed around the rising trendline then a break. Which make sense for the swing high to be formed ling up with the previous highs and lows. 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
WHAT'S NEXT FOR RVN 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'S NEXT?! As we can see price rejected our previous massive support zone as we mentioned in the last text analysis And traded higher, so for now we are clearly bullish trading inside this channel making clean higher highs and higher lows. So, as the price will be approaching again our rising trendline we will be looking for new longs on lower time frame. And as the price will be approaching our next resistance zone, we will be looking for new bearish reversal. 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
2
RVN Can the bears kick in again!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'S NEXT?! As we can see price broke above our major swing high and traded higher So, we are clearly overall bullish, however, price is approaching a falling trendline from a long term perspective For the bears to kick in for another bearish movement we need a break below the marked major swing lows from a short and medium term perspective Until that we are still overall bullish from a medium-term perspective 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!
Short
by Hadi_karaali