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✳️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"
Long
by CryptoStation
RavenCoin - RVNUSDT - Phoenix rising from the ashes? BullishRavenCoin is a community driven and a truly opensource project with no pre-mine, ICO etc., built on a fork of Bitcoin code. The project aims to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. Ravencoin was one of sensational coins that made the moonshot (RVNBTC) in the early 2019 with an incredible move of over 500% in just a month. RVNBTC has been in steady decline since and has hit its all time low in the last week. RVNUSDT has also been on a decline for a few weeks and the harmonic patterns shown on the Daily Chart suggests a strong move up unless invalidated by a low below the Stop Loss line at 0 Fib level, which will offer strong support. A new high above 0.01487 USDT will definitely confirm a Daily impulse move to test the High Resistance Area of around 0.02 USDT. Price pushing above this zone will validate the Bearish BAT pattern with Exhaustion/Reversal likely at 1.272-1.618 Fib levels. Also, the current Daily CCI (Commodity Channel Index) is above +100 and this move is the first time the Daily CCI crossed +100 since August 2020. Entry - Under 0.01300 Stop - Based on Personal Risk Strategy/Risk:Reward expectation Targets - Fib Levels shown on chart (based on Trade Frequency/hold period) Do Your Own Research on Tokenomics and Project fundamentals to get a good idea about the project and its future potential.
Long
by TradeChartist
3
RVN/BTC 1D (Binance Spot) Falling wedge breakout & on support#Ravencoin has been retracing for a long time now, a move up seems to be coming! Since it broke out already and it's on big descending channel support, that looks like a good buy zone. Current Price= 0.00000115 Buy Entry= 0.00000116 - 0.00000110 Take Profit= 0.00000128 | 0.00000144 | 0.00000162 Stop Loss= 0.00000098 Risk/Reward= 1:1 | 1:2.07 | 1:3.27 Expected Profit= +13.27% | +27.43% | +43.36% Possible Loss= -13.27% Fib. Retracement= 0.236| 0.5 | 0.786 Margin Leverage= 1x | 3x | 5x Estimated Gain-time= 2400h
Long
by TradingOn
7
RVN Downstream channel. U-turn zone. Past idea +20,30,50,47,30%RVN / BTC (ravecoin) Traded this coin about 9-10 months ago. When there was a breakout of the falling wedge resistance and the possibility of a trend reversal. I partially made several moves, then in the last buy, the price went against me, and I exited the market position. The previous support was broken. Since then, I have not been interested in this coin. The observation began at the end of August. This is an update to an old trading idea for this coin. The situation is very interesting now. Local downlink. Price approached its support (lower channel border) This zone can act as a reversal zone, at least for a local trend. The potential of the channel itself is + 40%. The breakdown of the resistance of this local downtrend channel and the price fixing above the resistance can cause the main trend to reverse. Former trading ideas of this coin: RVN Falling Wedge. First target + 30% Figure potential + 100% RVN. Cycle. Coin for the pumps. Global target Result. Breakout of wedge resistance. The emergence of a trend. + 20% + 30% + 50% Second target taken. RVN Symmetrical Triangle 50/50. Pivot Points. Price clamped. + 47% From the buy zone to the 3 target local zone. +30%
by SpartaBTC
7