RVN/BTC +200 % pump timeHI guys!Today you can see that prediction for ravencoin(+200%)prediction base on bull pennant pattern.You can see the possible buy zone and possilbe sell zone!
That is not financial advice!
RVNBTC trade ideas
RVN Welcome to the end of downtrendDowntrend, global level support and the upward triangle. Looks cool, as for me
RVNUSD looks for a better support zone. Where are the targets? Hi,
In the past days RVNUSD has broken out of the consolidation and is now retesting the .78 of the rally.
Typical for a confirmation is a break above or below a valid resistance or support and retest to confirm its value in the market.
Exactly that has happened yesterday and we have seen a volatile answer to the retest of the intersection between the boarder of the consolidation and the 0.78 line of the small move to the upside which took place after the flat correction of the rally earlier this year.
To find out where the price is moving to we simply measure the heights of the consolidation and project it at the place where the breakout occured. The middle line is a target as well as other valid support zones in that area. These are in the first place monthly support zones and fibonacci retracements of the rally as well as the target zones of the consolidation .
The intersection between them can give good opportunities to spot opportunities to sell or to buy since they are often the places where reversal or continuation patterns are formed.
Before entering a trade wait until the common centre line is broken and check the fundamentals and the market before entering the trade. I advise to use a top-down strategy as well as multiple timeframes to perform well in the markets.
If you would like to learn more about technical analyses please check out George Beaulieu on youtube.
Thank you very much for reading and f you would like to see more analyses about this particular instrument please give the thumbs up or let me know what you think in the comments below.
Be happy and trade with care
Heish
RVN is about to start ALT SZNBTC has just broken 11k. If it bounces around between 10.5k and 11.5k alts will likely get a massive inflow of new cash.
RVN is at a major support and is primed to take off. Not sure how many indicators you need to realize this is a great opportunity.
Going long from here and holding for a bit or until BTC makes another large move.
-Kushgma
$RVN Hodling to the 600sats support...$RVN Hodling to the 600sats support with RSI quickly coming out from oversold levels...
Let see if we have continuation and volume from here...
#RVN
Raven or Crow?Reasons for Trade: Daily
-Bullish engulfing candle
-Support established
-Bullish Rsi divergence
Target:
- A scalp trade to previous resistance
-Be sure to move stoploss to average entry when Take-Profit 1 is reached.
Risk: 3%
RVNBTCRVNBTC
Entonnoir : W/D/H4 (swing)
Configuration intéressante sur cette paire.
Le daily est en train de compresser (jaune) au-dessus du niveau du dernier creux weekly (entouré blanc). Si on a une sortie par le haut, cela validera une incapacité à créer un plus bas en weekly et nous serons donc de retour sur un biais haussier tradable en H4.
—————
Funnel : W/D/H4 (swing)
Interesting configuration on this pair.
The daily is compressing (yellow) right above the level of the last weekly bottom (white circle). If it breaks by the top, this will validate an inability to create a lower bottom on weekly and we will be back on a bullish bias tradable on H4.
RVNBTCRVN touched the long-term tedious line and closed yesterday with a high trigger candle (Hammer). Since the 13th, it has fallen by approximately 20%, which is due to the high BTC. Expect that with a stabilization of BTC the currency could rise giving good profits in the medium term. In more remote probability she can fetch her last fund at 0.0000555 before starting a raise.
RVN / BTC - Hanging by a threadRVN/BTC is sitting on a critical support from which it always bounced in the past. Lets pray, RVN will be able to hold this support as it did in the past.
RVN/BTCbuy 820 : 840
price now 838
Target 1 880
Target 2 979
Target 3 1070
Target 4 1175
stop close under 780 4h
RVN Signal by Rocket-ProRVN Signal
RVN forms a succession of increasingly higher low points, which could and does evolve in an upward medium-term channel. In the shorter term, RVN operates in a downward channel and is currently 725 above its support at 695.
Buy: ~ 725
T1 : 750
T2 : 785
T3 : 840
T4 : 895
Stop: Under the previous low point
Reasons :
Horizontal support
Oblique support
CCI and WaveTrends signal 4h
MACD ready to cross
Sell 25% of your position to each target and move your stop-loss accordingly to ensure the maximum profit !
Is RVNBTC ready to take the lead (again) ? Hi,
RVNBTC is now in a consolidation and will break out probably after finishing the fifth wave inside the consolidation.
after completing the Bearish Bat Pattern , as shown in my recent post, we are now in the stage of profit-taking.
This comes at a perfect point, the last half of the month of june, the numbers will be given out in two weeks from now on and
new announcements can bring a significant change, especially in this volatile, young market.
However:
I expect RVNBTC to stop around the Green Support Linie , which represents the 0.78 of the recent move to the upside.
A bounce up will be likely since the Leader of the Sector BTCUSD refuses to show weakness in the past days.
Entry : Wait for a test of the yellow trendline and allow the price to turn around. Wait for a retest of a valit support zone
before entering the trade. Also watch for bullish chart patterns of the lower time-frames around the key-levels.
Use multiple timeframes method and a Top down strategy to enter the trade.
If you do not know what that is please check out George beaulieu on youtube.
With patience
Heish
