RVNBTC Profit potential 100-150%Formation of a falling wedge pattern on a 1D timeframe.
Expect an upside breakout in the next (3-6 days), bulls need volume to break out.
If, after the breakout, the price consolidates above the downtrend line of the main trend, this will mean that the local uptrend is the emergence of a new main uptrend.
Profit potential 100-150% in the medium term.
Rvn
RVNUSDT ANALYSISI have 4 positive signals. Also it broke the down trend line .
If you hold this coin you can sell at the resistance line ( $ 0,02933) or you can wait EngineeringRobo' s sell signal
Buy this coin when the resistance line turns to support line($0,02933)
It is ok to buy this coin now but watch carefully EngineeringRobo ' s signal
Have a good trade. If you want to use EngineeringRobo please dm me .
RVNUSDT AnalysisI am mostly positive about RVNUSDT. The candles have started to go down a bit and the candle is now just above the 0.02384 support level. We can buy it now at the 0.2384 support level and sell it at the 0.04027 resistance level. There is a bull signal and a Engineering Robo Buy2 signal, indicating that it is a good time to buy it. In order to sell it, we need to look for a bear or Sell 2 to make a sell decision.
RVNUSDT AnalysisPeople who bought RVN from the BULL signal on July, enjoy your 24.44% PROFIT that you made in 1 month!
There are also Green Cloud & Super Buy signals present.
If you are holding RVN, do not hurry to sell since there are no sell signal present and yet, the candle open closed above the support level (0.023).
You can wait for EngineeringRobo's sell signals to sell or wait for support level (0.023) to turn into resistance level.
If you want to buy, since the candle open closed above support level (0.023), you can buy right now. Also there are 2 buy signals present at the moment.
After you buy, I highly recommend you to watch for EngineeringRobo's sell signals.
Ravencoin Ravencoin looks primed for a breakout here in my opinion.
Bollingar Bands are tightening and when on a weekly time frame this could indicate a huge move incoming.
The RSI has been forming a bullish divergence for weeks/months now and it has begun to breakout. Not only do we have these two indicators to make think we are going for a breakout but we also have just broken a very strong weekly resistance, all we need now is a close and open above it and we will run nicely hopefully breaking a few more along the way.
As we look further down the track I think 0.03 will be wiped out pretty quickly as more people try to fomo into Ravencoin, especially with all the defi hype at the moment I have no doubt we are going to head a lot higher soon.
moving 200 & ichimoku & fib divHello friends
I will provide you with another analysis with my own strategy. As you can see in the picture, the price of the Como cloud has broken upwards and the 200 moving average has formed a strong support line below the price.
Congratulations to all of you, my dear subs, who believed in my trading methodology, and challenged the world by being a bull! We deserve to celebrate!
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Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume ). Like this idea if it helped.
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Bear Flag on RVN.Hello, traders.
RVN is forming a Bearish Accumulation pattern called as a Bear flag.
A bear flag pattern is constructed by a descending trend or bearish trend, followed by a pause in the trend line or consolidation zone. The strong down move is also called the flagpole while the consolidation is also known as the flag.
The bear flag pattern comes after a strong move downwards. The stronger the move, the bigger the profit potential is.
After we identify the market trend and the characteristics of a good bearish flag pattern we need to wait for confirmation that the trend is about to resume.
There are two basic approaches to enter the market with the bear flag pattern. Aggressive traders will enter at the top of the bearish flag as this will secure a little bit of bigger profits.
Best regards.
Sando and Gustavo.
Bear Trap buy strategy for RVN.Hello, traders.
RVN broked down an important support level after yesterday's market slumps. On this strategy, we are going to enter long if the price goes back above this important support level witch will characterize a bear trap.
Of course, the most likely scenario is to test the resistance as a pullback and continue the downtrend movement
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Sideways moviment on RVN/BTCHello, traders.
RVN surges strong and drops very sharply after testing important resistance. I believe we will be sideways for a few more days.
The asset is inside a large accumulation pattern after the price brokes down an important support level. That could be a bearish accumulation pattern or a sideways movement. In a moment like these, we don't try to guess where the price is going. So we will wait for a better confirmation, Besides that we are in the middle of the pattern.
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Small trade on RVN, good supportRVN is one of the best criptos for small miners at the moment, paying them (me as well) better hashrates then ever.
Now it´s a good opportunity to buy and hold the coin, buy on the Orange and Red support lines for a possible short term 24% profit or hold it for the future and who knows where can it go.
Ravencoin [RVN/BTC] on July-08 (#RVN #RVNBTC)RVN is still left behind while most other coins are pumping up. This is a bad sign in an uptrend because there will always be coins that never pump in Altcoin season but only suddenly pump in an unclear trend.
RVN can go up to 230-250sts and even 280sts
However, always be ready for a stoploss below 195sts