Rvncoin
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%
One more small drop possible for Raven and then continuation.The lowest line drawn has almost 2 years of history behind. If it does touch there it's not crazy or bad. That spot if it drops should be it' s low and catapult of it into December and next year. This for is accumulation phase so don't wait for that as it might not give it. Dollar cost average in. Remember the market follows bitcoin up and down.
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.
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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RVN looking bullishHi,I am again come with my idea after successful celr breakout idea.I think you guys enjoy celr breakout.
Now i am going tell you about RVN.
RVN looking bullish into 4H chart and 1D charts.
4H falling wedge anytime soon can break and 1D chart bottom already.
I don't give you advice to invest without research.I am learner so invest on your risk.I am not financial advisor.
Hope you enjoy good profit into celr.Alt charts works good when btc stable.BTC up/down bad for alt.
RVN/BTC Ready for 31% in short Term#RVNBTC Short Term Update:-
#RVN finally broke out Resistance level and we waiting for Re test.
If price down around 220 Satoshi then i will buy more #RVN.
Already we are in Good Profit.
Re entry:- 220-225 Satoshi
Target:- 295 Satoshi ( 31% )
Stop Loss:- No need
After cross 300 Satoshi then Big Move.
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RVNBTC | Apex | Symmetrical Triangle | Breakout Imminent Todays chart – RVNUSDT – Attempting to break the symmetrical triangle formation as it nears the apex
Points to consider:
- support and resistances converging (apex)
- Bullish Price action (sellers bought up)
- RSI above 50
- Strong volume
RVN trading within a mature symmetrical triangle where buyers have consistently bought up the sellers throughout the formation.
RSI breaking above 50 showing increasing strength in the market supporting the bullish bias.
Strong volume node is present, increasing volume follow-through is key for a continuation of this break.
Overall, in my opinion, a bullish breakout is imminent. A long trade will be validated on a retest of the neckline (conservative entry) or a break of the formation (aggressive entry) as both technical targets align with structural resistance.
What are your thoughts? Let me know in the comments below!
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As always, focus on you - and the money will too!