Play of the year Rvn/Btc looking like a juicy play with low risk after touching support for double bottom. Up to 8x ROI with caution. No financial advice!
RVNBTC trade ideas
Looking at a double bottom blast-offBeen analyzing this coin for a while now. I am anticipating a big move around to 40-45 sat range to produce a double bottom liftoff!
RVNBTC - DailyIt's possible that we created a double bottom on the BTC pair for RVN.
We need to confirm this by tomorrow. If we close under the orange box i see this setup as invalid.
For every new follower i will add a new idea :)
ANALYSIS FROM A RVN HODLER =)If you have examined my analysis, it means we are already speaking the common language =)
The graphic I have shared is definitely not investment advice, it is for informational purposes, everyone should determine the risk themselves.
RVN Skipping along the 618One ALT thats currently on a 618 Fib support, its been skipping along for a few days now turning up late for the party!!
$RVN, Looking if it can start getting traction toward YTD high..$RVN
Looking if it can start getting traction toward YTD high..
UCTS printed a 1D buy while volume has been rising over the last 3 days..
For now could be early but worth a shot
#RVN
RVNBTC - 1 HRVN broke horizontal resistance and for continuation to the upside we need to make this zone as support.
The BTC and USDT pair look the same.
For every new follower i will add a new idea :)
RVN Long possiblityRVN BTC is just in that beautiful zone the 618 but is also coming up against the top of the wedge
APEX!!!!!!
Trade safe folks!!!!!
Think in correlations!This view just confirm our view of RVNUSDT pair!
So we have a high probability that the next move will be to the upside for each pair!
$RVN/BTC 8h (Binance Spot) Falling wedge breakout and retestRavencoin broke bullish and looks ready for continuation upwards after that pull-back.
Current Price= 0.00000335
Buy Entry= 0.00000334 - 0.00000310
Take Profit= 0.00000394 | 0.00000447 | 0.00000259
Stop Loss= 0.00000274
Risk/Reward= 1:1.5 | 1:3.06 | 1:5.73
Expected Profit= +22.36% | +45.65% | +85.40%
Possible Loss= -14.91%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
RVNUSD is bullish If you look at the 4H chart it is showing a perfect setup for a bull run. 200MA and 50MA are setting up perfectly for a cross over which will confirm the bull run. Price will go toward 0.25.
Always use risk management!
Please comment on my idea. Thanks.Raven had a huge rally couple months back and lately it has entered a long period of consolidation period which is actually a good thing.
It tried to breakout to the upside couple times in that period but can not. Therefore one should definitly wait 1-2 candle to close above the trendline before entering any trade. Also yesterdays volume was pretty good but cant manage to breach the trendline and now volume is decreasing. Therefore caution is advised before entering this trade.
Good luck and be responsible with your hard earned money!
Always watch out for opportunities but be carefull.
