💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.06040).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 0.06816
TP2= @ 0.07382
TP3= @ 0.08097
TP4= @ 0.08833
TP5= @ 0.09613
SL= Break below S2
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Rvn
RVN loading up for a move!Here's a quick Look at RVN 1 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant.
The best entry would be when the price breaks above 0.0566$ with a good amount of volume . One to keep an eye on.
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The idea is: Buy when the price breaks above 0.0566$ and take profits at the levels shown in the chart.
Targets:
1. 0.058$
2. 0.0598$
3. 0.062$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
RVN broke out falling wedge pattern#RVN/USDT
$RVN broke out from long term falling wedge pattern.
now price is inside long tern resistance zone.
🐮 breaking out from this resistance zone that is the same with ascending resistance will increase price to upper resistances and final target of this pattern can be around $0.2.
🐻 break down from ascending support will invalidate this analysis.
RVNUSDT(Ravencoin) Daily tf Range Updated till 10-09-22RVNUSDT(Ravencoin) Daily timeframe range. A alt with optimal volume and retail interest. for its holders quality its less used by p and d groups. that brings some stability to its price action. its had many nice setups for scalps through out its levels. a reasonable price action always offers less risk.
RVN moved 20% up. What's next?Hello, dear TradingView members.
This is an RVN idea.
RVN touched the bottom of the channel and pumped 20% up.
After reaching the resistance price zone, it has been consolidating ever since above the channel. Will this become a breakout?
There are two resistance levels on the way up and also two support levels on the way down.
We have two possible scenarios in front of us.
Scenario One:
The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels.
Scenario Two:
The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel.
RSI is in the oversold area, so the price has room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Ravencoin can reach $1Hello friends, This is a long term idea I have for Ravencoin. Not based on technical analysis per say . Ravencoin is widely considered as Bitcoin 3.0. It is a fork of bitcoin with a lot more utility. Similar to bitcoin , Ravencoin also has a halving. A halving is when the mining block rewards gets cut in half. Initially Ravencoin was being mined at 5000 rvn every min. But since its very first halving this last January the reward got cut in half and is now 2500 per minute. This coin will halve every 4 years similar to bitcoin becoming a deflationary coin. Also the creator Bruce Fenton is currently running for US Senator. I can see this coin going to at least $1 by the end of this year. Also Ethereum's merge in two weeks will bring new miners to the network raising the demand. $10 in 5 years. I am Long right now on Ravencoin. Especially with this Merge for Ethereum. Miners are coming to Ravencoin which in turn will secure and raise the price of Ravencoin.
Ravencoin Price prediction Hello friends, This is a long term idea for Ravencoin. Not based on technical analysis. Ravencoin is widely considered as Bitcoin 3.0. It is a fork of bitcoin with a lot more utility. Similar to bitcoin, Ravencoin also has a halving. A halving is when the mining block rewards gets cut in half. Initially Ravencoin was being mined at 5000 rvn every min. But since its very first halving this last January the reward got cut in half and is now 2500 per minute. This coin will halve every 4 years similar to bitcoin becoming a deflationary coin. Also the creator Bruce Fenton is currently running for US Senator. I can see this coin going to at least $1 by the end of this year. Also Ethereum's merge in two weeks will bring new miners to the network raising the demand. $10 in 5 years
Trading opportunity for RVNUSDT RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03616
🧯 Stop loss 0.03130
🏹 Target 1 0.04200
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
RVN/USDT TRADE SETUP! READY FOR A 80% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RVN/USDT trade setup.
RVN looks good here. Breaks out from the bull flag-like structure in a 4hr time frame. Expecting a 70-80% bullish rally from here. Buy some now and add more in the dip.
Entry range:- $0.038-$0.034
Target:- 70-80%
SL:- $0.036
Use low leverage (2x-4x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03764).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.04253
TP2= @ 0.04849
TP3= @ 0.05739
TP4= @ 0.06274
TP5= @ 0.06779
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03764).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 0.04253
TP2= @ 0.04849
TP3= @ 0.05739
TP4= @ 0.06274
TP5= @ 0.06779
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trading opportunity for RVNUSDT - RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03860
🧯 Stop loss 0.03580
🏹 Target 1 0.04220
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Ravecoin Long-Term (1330% To All-Time High + 150% Target)Ravencoin (RVNBTC) is showing some bottom and recovery signals but first, let's look at the long-term chart.
Chart:
We can see a 1330% potential from the current price to the All-Time High, but we are more conservative and we target smaller waves.
Let's zoom in... RVNBTC Weekly
Here I am focusing on the higher low long-term.
We have date since late 2020 all the way to present time.
Notice how the bottom is preceded by a descending channel and also a TD Sequential -8 and -9.
The can come a strong price jump.
Namaste.
Ravencoin (RVN) formed bullish Gartley for upto 2200% big moveHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
On a monthly time frame, the price line of RVN has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RVN RAVENCOIN USD BOUNCING OFF SUPPORT EXPLOSION INCOMING $2.50RVN RAVENCOIN USD Is looking great to me. The bottom is either in or one more test of the support line before the next explosion upwards. I can see at least $2 with this project. They are still working hard and fundamentals have only changed for the better since the last runs. I'm accumulating now. If support breaks and closes a daily below $.02 cents then expect a much further retrace down to prior support levels around $.01 cent. I don't think that is what will happen though I think a nice move is incoming, MACD is curling up, RSI is curling up and BBWP is starting to expand again so volatility is going up. A move is close and I think its more than likely to the upside. This is just my opinion and not trading advice. Good luck and thank you.