RVNUSDT
RVN/USDT Gearing up for a Bullish Rally? 👀🚀RVN Analysis💎Paradisers, let's take a closer look at #RVNUSDT, where the current market trends hint at a potential bullish reversal from an essential support area.
💎A glance at #Ravencoin's trading history reveals a significant 80% drop from its previous high. However, the steadfastness at the $0.02024 support level suggests an opportunity for an upward movement.
💎The journey to achieve new highs or surpass previous records has been fraught with challenges, leading to a prevailing bearish sentiment. Yet, the pivotal $0.02024 threshold for NGM:RVN is on the cusp of catalyzing a substantial bullish wave upon further assessment.
💎With a mindset geared towards adaptability, we've outlined a backup plan. If #RVN dips further from this foundational support, we foresee a bullish revival from the secondary support at $0.01596. It's vital to acknowledge, however, that descending below this marker could signal a deeper bearish trend.
💎Maintain adaptability in your trading strategies and stay alert to market shifts, Paradisers. Be assured, the ParadiseTeam is diligently observing these developments, ready to guide you through the evolving market scenarios.
Alikze »» RVN | Dynamic trigger failureIn the daily and weekly time, after a complex correction in the range of 0.01343 after the bottoming, it has started a motivational wave, which has already penetrated above it after breaking the sub-swing and the resistance range.
🔰 This wave can touch the specified targets after stabilizing above the green box.
🔰 This moving wave of wave 3 is smaller than the 3 waves, after which I expect this wave to touch the first red box.
⚠️ If it penetrates and stabilizes under the green box, this scenario will be invalidated.
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RVN LOOKS BEARISHFirst of all, make sure to change your stop to entry when we reach the first target.
Be careful, the timeframe is large and this move may take time.
It looks like the price is ready to start a large diametric F wave.
Wave E now appears to be over. Wave E seems to have been a diametric whose last wave has also ended.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#RVN/USDT 1W (Binance Futures) Descending wedge on supportRavencoin just printed a morning star on weekly TF, looks promising for mid/long-term recovery towards 50MA resistance.
⚡️⚡️ #RVN/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1x)
Amount: 10.1%
Current Price:
0.01924
Entry Targets:
1) 0.01703
Take-Profit Targets:
1) 0.02713
Stop Targets:
1) 0.01198
Published By: @Zblaba
NGM:RVN #RVNUSDT #Ravencoin #PoW #P2P
Risk/Reward= 1:2
Expected Profit= +59.3%
Possible Loss= -29.7%
ravencoin.org
#RVN/USDT#RVN
The price chose the downward channel to the upside and the channel is now being retested again at the level of 0.02180.
We have a higher stability moving average of 100
We have an uptrend on RSI
We also have a bullish incentive from the rise of Bitcoin
Entry price is 0.02177
The first target is 0.02272
The second target is 0.02459
The third goal is 0.02646
RVN ANALYSIS🔮 #RVN Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #RVN and trying to retests the level. It's a 1W time frame breakout and we will see more higher price in long-term. If the price closes above the major trendline then there will be a confirmation of bullish movement 📈📈
💸Current Price -- $0.02279
📈Target Price -- $0.06610
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RVN #Cryptocurrency #Breakout #DYOR
"Emerging Trends: What the Future Holds for RVNUSDT Traders!"RVNUSD symbol analysis of cryptocurrency market in long term time frame Currently, the market is in a downward trend and it can continue to decline as long as it maintains the downward trend line. Move towards the previous ceiling to the range of 1.00000
The most important number is 0.02500, which will be the support range if the upward trend line is broken
⚡️RVNUSDT CMC TRADING ⚡️ DEMAND AND FAIR VALUE GAPSRVN is currently displaying a short-term bearish channel breakout on the 15-minute chart, complemented by a robust demand zone. This suggests the potential for a reversal or bullish rally to the upside, aiming to fill the Fair Value Gaps (FVGs) formed during the recent price crash.
🚨 Impulse breakdown on #RVNUSDT🚨 SHORT #RVNUSDT from $0.0208
1h TF. For several days, the downward trend of movement continues for this instrument, after a strong impulse drop, the pressure from the seller continued and the price was gradually rounded into a short + an hourly level was formed with several smooth touches, the breakdown of which I will consider, trading volumes decreased noticeably, I expect to see an impulse breakdown at the feet of participants and movement into the buyer's area of interest at around $ 0.02
🌟🔍RVN's Breakout and Potential Rise 🚀
🔺 RVN's Key Weekly Trend Line Break: Ravencoin (RVN) has broken a crucial trend line in the weekly timeframe. It's been five weeks since the breakout, with a near 40% increase in price since then. However, the main bullish movement is yet to start.
🎯 Weekly Entry Triggers: The entry triggers for the weekly timeframe are set at $0.01946 and $0.02402.
🕒 4-Hour Strategy: In the 4-hour timeframe, a long position can be opened upon breaking $0.01946, with a stop loss below the previous significant low.
🎯 Weekly Target: If the market moves upwards, the weekly target is around $0.07719, equating to an approximate 302% gain. This target is aligned with the trend line breakout.
🛑 Stop Loss Strategy: For the weekly timeframe, the stop loss should be placed in a way that it doesn’t get hit easily during a pullback to the broken trend line. The safest area for a stop loss is around $0.01070, which is about a 40% risk.
📈 Volume Confirmation: It's crucial that the volume increases alongside the price rise for confirmation.
📊 RSI Oscillator: The RSI has broken its trend line and is facing resistance at 53.57 in the weekly timeframe. A break of this resistance could provide an early entry trigger.
📈 Accumulation Zone: The box between $0.01946 and $0.01388 could be considered as an accumulation zone.
⚠️ Bitcoin's Influence: Keep in mind that Bitcoin is entering a liquidity zone and may face a downturn, which could affect RVN.
🔑 Related Categories:
Trend Line Breakout
Entry and Exit Strategies
RSI Analysis
📣 What are your thoughts on RVN’s potential? Share your strategies and insights! 💬🌐 #RVNAnalysis #CryptoOpportunities #TradeCityPro
📚 Remember: Cryptocurrency trading involves high risk and volatility. Always do thorough research and consider market conditions! 🧠💼
RVN is preparing for the pumpWe have a large diametric for RVN. We now appear to be in wave f from E. In wave g from e inside the green range, you can look for buy/long positions.
This analysis has been updated and linked.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RVN IS THE BUILDING COINRVN is the coin of the moment with building trend on day frame, this can go further on the swing trend and long term.
RVN has a building trend and can show an interesting break in the coming time frames
And same time it's the coin of the moment.
We follow always what the trend shows depending on the tools and trends we use.
RVN can shows more in the coming time.
RVN / RVNUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)