RVNUSDT, The price need more correctionHello everybody
According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price
1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level
2nd : The Correction was finished and now we made wave 1 and we are in correction wave 2 and because of the the price can not drop more that key point level at second buy zone area
Until the market is in range zone and this condition is on market we cant say which scenario is correct
We need more details to decide what to do ?
And because of the tapering and condition of economic in the world we have inflation, we expect the risky market like stock market and crypto market should rise up to pour the inflation and to make the value of a dollar.
If you have any question send us messages
Good Luck
Abtin
RVNUSDT trade ideas
RVNWhy will this bird fly so far? If you know what mining is or do it, then in terms of profitability, ETH is now in 22nd place, despite its colossal growth.
RVN is currently in 5th place, but I looked at the yield a few days ago, it was in second place.
Miners choose RVN. Capitalization 800 million, which is not much for a huge number of users.
Goal $ 1.
RVN SYMMETRICAL TRIANGLERVNUSDT (Daily Chart) - Technical Analysis
Entry : 0.095 - 0.0102
TP 1: 0.110
TP 2: 0.122
TP 3: 0.150
TP 4: 0.177
TP 5: 0.230
Stoploss : 0.083
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
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Ravencoin - Long PositionThe price of Ravencoin has fallen by 6.13% in the past 7 days. The price declined by 1.79% in the last 24 hours. In just the past hour, the price grew by 0.35%. The current price is €0.096331 per RVN. Ravencoin is 62.95% below the all time high of €0.26.The current circulating supply is 10,198,255,000 RVN.
#Raven Coin - Another Cup 'n Handle pattern,Prepping for .21205 Raven has recently formed another Cup n Handle pattern after the previous larger cup n handle got rejected.
The recent smaller Cup n Handle formation is almost complete and we may be getting ready to move towards .21205
#Ravencoin block reward HALVENING is in approx 40 days will be one of the biggest trigger which will lead us to newer ATHs.
*There was no PREMINE / NO ICO in this project
*PURE DECENTRALIZED PROJECT (Can't go wrong by vesting in RVN)
rvn long swing ~rvn is flashing a daily algorithmic buy signal today,
usually a daily buy signal is the key indication for a big move up
might consolidate a few more days, but it's coming.
after the initial 5 waves up rvn saw a simple zig-zag into a shallow wave (2) of a higher degree.
looks to have been in a leading diagonal ever since that low into a wave 1 until the recent dip which hit the golden zone perfectly into wave 2.
sub-wave 3 target = $0.24, but i'll be exiting at the 100% extension most likely at $0.17.
taking profit at every fib level is the plan, might leave a runner after the 100% extension if the indicators look good.
[Update] RVN / USDT big potential for buy now DailyHi everyone, RVN / USDT is in an uptrend with a test of its horizontal support and an attempt to come and check its resistance zone.
There is a strong opportunity to breakout the resistance for a price increase in order to return on the next one and a correction will take place before breaking out this time the diagonal resistance.
A pull back on it is expected to know if he closes a bull trap before the touch of the line of strike and a return of volume.
This is not an investment but a recommendation for use
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