RVNBTC trade ideas
RVN SUPER BULLİSHLittle time left for the wedge to break.
Will follow the red arrow very quickly when the break occurs.
Has 50% potential with a single candle.
I think the last bottom is seen, after that move up.
This coin is famous for its rapid rise, show yourself the time.
I bought from 166 sats, Let's go break the wedge.
Good Luck.
You wanna be buying these divergence stacks when you get themTitle, seriously, that's all I have to say,
RVN at STRONG support, good fresh setup.Hi
In pair RVN/BTC we can see that rvn is facing strong support. RSI 4H/1D very bullish.
Entry: 0.00000173-178
1. Target - 0.00000193
2. Target (Mid-Term) - 0.00000250
Enjoy guys! Hit like if you agree! :)
Look at this and ask yourself what would you do...Here's the RVN chart. Inverted. Would you ever go long on a chart pattern like this? Who in their right mind would go long on a chart pattern like this? This looks absolutely horrific. Now let's remember, this chart is inverted. So if you saw this on something like say, BTC, you would probably start screaming, OH NO IT'S GOING TO 0! hahaha... ah yes, patience is key here. This chart pattern is too good to pass up. Buy the dip. Ride the moves out. Wait for the breakout.
The range is getting tighter and tighter, it's only a matter of time before this gets the reversal that it's hinting at. 100% move minimum upon breakout. Market makers don't care for fundamentals. Don't look for a 'reason', the chart is the reason. If this doesn't ever reverse to all time highs, I will say that I would be extremely shocked.
Oh yeah, and don't forget the tight range on the RSI which is slowly making higher lows, and the slim slim histogram of the MACD indicating small insignificant movements in price.
Ravencoin finally taking off !! Do expect a surprise !!Short heads up at 226 satoshi !
I was waiting for weeks ...
Now this coin is finally moving...
DO EXPECT A SURPRISE !!
Not financial advice ... but that is what my guts are telling me !!!
Remember The FlightRemember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
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Potential for developing an inverse h&sHere we can see hidden bullish divergence on the macd, macd histogram, and RSI. If the right shoulder forms completely and the price action breaks above the descending resistance of the larger wedge formation, we could see the price hit around 250 sats prior to pushing any higher. Targets for any mid term trades are still much greater than 255 sats however, especially considering the momentum that could ensue from the wedge breaking out.
Just about 67% in to the wedge formationIt is often observed that the most strong breakouts occur between 60-70% of the length of the formation. This can be quickly observed as well in the previous descending wedge that broke out in 2019.
We are currently about 67% of the way into the wedge that I have drawn here.
Take note also, that there are also hidden bullish divergences occuring on the weekly chart (not drawn in this analysis, but look for them).
A minimum target from the current price is around a 100% move to a historic level of confluence represented by the dotted red line. If the descending wedge has a vigorous break to the upside, we could also have confirmation of a fractal pattern which would indicate that the coin's value in BTC should also surpass it's previous ATH, presenting a 9x gain potential at minimum from the current price.
Remember, a project doesn't necessarily have to be good or bad for it to make large returns on investment.
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.
This is only days/weeks away from a major breakRVN has been in this massive, MASSIVE descending wedge for over a year now... There's going to be continued chop in the price action until we break upward. This is a huge opportunity.
Ugh, this coin is so 'dead' ... notSame thing happened with tron, everyone was saying tron is dead, why bother... Why? accumulation for over a year's period. How many of these coins have I seen? Dozens? How many made massive moves when they broke out? Almost all of them. It's best to buy low. Now is low. People will start talking about it when it's up 2x
We Need to Break this All Time Hidden Divergence and Flight OFFFLet's Break this Hidden Divergence and Make Crypto Great Again!!
