RVNUSDT trade ideas
Ravencoin ATH Potential Beyond 4500% (RVNBTC Questions Answered)Here we have a more than four years long higher low...
Please refer to the RVNBTC trade-idea if you want to know what we are discussing here, we will get straight to the point.
There is super strong buying in March 2024, four years after the bottom that preceded the last bull-market bull-run wave. This is the highest volume ever, period.
A very strong higher low, such as the one we are seeing now, can lead to a strong higher high; a new All-Time High.
This ATH can reach around $0.7600, which is more than 4,500% growth potential from current price. This is a long-term target, between 6-12 months time projection.
Much easier targets, based on the short- and mid-term can be found on the chart.
This post complements the RVNBTC trade-idea regarding the new ATH potential on the Tether (USDT) pair.
I hope this answers your question.
Thank you for reading.
Namaste.
RVN Looks BearishRVN appears to be within a large diametric. From where we put a red arrow on the chart, it looks like the G wave started from this diametric.
The G wave itself also looks like a diametric diamond, and now we seem to be in the middle of the G wave.
From the supply range, it can drop to the specified TPs on the chart.
We are looking for sell/short positions in the supply range.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Testing macro supportRVN has a pretty clean chart. We can see that price broke out of the macro falling wedge and is now back testing it and holding as support which is bullish. Note that the wick low was equal to an old wick low. The saying goes that equal lows and highs are meant to be taken. However, if RVN holds this support and the bull run continues with BTC, I could see this rather being a macro W formation and price could rise back to the most recent high and begin the breakout back to the ATH. Note the volume on the candle with the recent high...the most buying volume RVN ever had in a week.
RVNUSDT - DAILYThe prediction of the price movement of this coin from observing and examining the correctional pattern of the coin shows that this coin can have an upward impulse movement. It is expected that the trend will start after the completion of the correctional pattern. Keep in mind that sometimes, the collection process can be done in this area.
RVN / RVNUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
RVN Break of Falling wedge!!!➡️Reason: Break of Falling wedge. Now volume growing as well. Above strong support zone.Chart looks bullish for it. Worth buy for short term quick profits too.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Soon $RVN will exploed.Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones.
RVN - Bullish Break out from Falling WedgePrice has broken out from falling wedge pattern. Price seems poised to retest the upper bound of falling wedge before break out from immediate resistance denoted by horizontal line. If break successfully breaks this resistance then it may be good a good opportunity to go long.
RVN/USDT Gearing up for a Bullish Rally? 👀🚀RVN Analysis💎Paradisers, let's take a closer look at #RVNUSDT, where the current market trends hint at a potential bullish reversal from an essential support area.
💎A glance at #Ravencoin's trading history reveals a significant 80% drop from its previous high. However, the steadfastness at the $0.02024 support level suggests an opportunity for an upward movement.
💎The journey to achieve new highs or surpass previous records has been fraught with challenges, leading to a prevailing bearish sentiment. Yet, the pivotal $0.02024 threshold for NGM:RVN is on the cusp of catalyzing a substantial bullish wave upon further assessment.
💎With a mindset geared towards adaptability, we've outlined a backup plan. If #RVN dips further from this foundational support, we foresee a bullish revival from the secondary support at $0.01596. It's vital to acknowledge, however, that descending below this marker could signal a deeper bearish trend.
💎Maintain adaptability in your trading strategies and stay alert to market shifts, Paradisers. Be assured, the ParadiseTeam is diligently observing these developments, ready to guide you through the evolving market scenarios.
Alikze »» RVN | Dynamic trigger failureIn the daily and weekly time, after a complex correction in the range of 0.01343 after the bottoming, it has started a motivational wave, which has already penetrated above it after breaking the sub-swing and the resistance range.
🔰 This wave can touch the specified targets after stabilizing above the green box.
🔰 This moving wave of wave 3 is smaller than the 3 waves, after which I expect this wave to touch the first red box.
⚠️ If it penetrates and stabilizes under the green box, this scenario will be invalidated.
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