RVNUSDT
RVNUSDT 4H Long setup; Bullflag after breakout of desc trendlineTA Explained
RVNUSDT did a full pullback to the fib 0.728 level as can be seen in the below snapshot:
After breaking the descending trenline, a bullflag is being formed, about to break out. However one more dip could be expected as well, which would give the second entry for this setup.
Trade setup
Best entries: 0.14991 -0.16440
TP1: 0.19931
TP2: 0.22581
TP3: 0.26428
SL: 0.12785
RR: 3.61
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
RVNUSD Setting UpRaven exploded recently and has since pulled back and gone quiet. It looks like it is breaking the downward sloping trend line, but it still must contend with some overhead supply. If it can grind through, we may see another leg higher for this altcoin. With equities firming up, this may be a great time to be long some of the high beta, small cap alts.
RVN The Golden D-CurrencyDear Traders,
Fortunately on Friday I found RVN when the price was $0.11 and during one day I got 155% profit on it. Yesterday I closed it and today at 0.17$ I got one more position. Wave 5 still is available to make great profit.
The last point is $0.82. I hope you can enjoy the profit.
💡 Don't miss the great buy opportunity in RVN/USDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. RVN/USD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.0945
TP2= @ 0.1010
TP3= @ 0.1085
TP4= @ 0.1190
TP5= @ 0.1320
SL= Break below S2
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💡 Don't miss the great buy opportunity in RVN/USDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. RVN/USD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.0945
TP2= @ 0.1010
TP3= @ 0.1085
TP4= @ 0.1190
TP5= @ 0.1320
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
RVN/USD - New ATH to the MOON!🚀🚀🚀Raven painted a new ATH in a rally that defies gravity, I mean look at it... 8 three day candles in GREEN! At this rate we will get 30 days of green... 😲
Can Raven go higher? Yes. Look at the RVN/BTC pair... we have a long way to go...
The indicators looks extremely bullish and volume has been sustained through the rally. I am a bit concerned that RSI is over 90 already and we may get a pull back at some point to retest the old ATH maybe... then we will go higher.
Bias remains very bullish long term... Raven did an excellent run so far.
Keep your eyes on this coin.
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