RVNUSD trade ideas
Time To Feed The Ravens AgainRaven is giving a nice buy signal. MacD cross on the daily, Heikin-Ashi turning green, breakout and retest of the 2 month long pennant it was consolidating inside of. Target near $0.49
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
RVN/USD - 27% Vol. Increase - Downward Channel: Break 60% ROIHello Traders,
As with most of the market today, we are getting a great discount on a lot of great projects.
We are seeing a very similar pattern on Ravencoins chart for the daily. As we saw in the previous weeks, RVN formed a downward channel before breaking up for over 150%+ gains.
I believe we will see a similar outcome over the next week or so after RVN has run it’s course and breaks up and out of the channel.
We should be good for a 60%+ ROI.
Risk takers, start DCAing your buy orders now and for the conservatives, look for confirmation after breaking the upper trend line.
Good luck!
RVN up only, 1 USD targetTargets and invalidation in chart
Super turbo mode.
Triggers:
EIP1559 to get voted in June, expectation to a switch from ETH's miners to RVN's > increase in hash power > increase in security > increase in price
Reversal in RVNBTC pair, PD in RVNUSDT pair, PERPs listed.
Nice development from the team
USD's ATH breakout and following price discovery
6B mktcap soon, 10B next
I don't think it will go straight to the point, but I guess we will see it reaching 1$ sooner or later.