RVNUSDT trade ideas
🆓Ravencoin/USDT Analysis (5/3) #RVN $RVNThere was a unexpected buying force when RVN was under 0.14$ zone, so we can expect a further recovery on RVN up to its ATH or even more.
However, RVN had pumped a lot so there must be a lot of selling pressure, so we need to pay attention to 0.19$ zone and 0.22$ zone.
And this 0.14$ zone is very important to RVN because if it loses this zone, RVN will fall down to 0.08$ zone in this March
📅NEWS
👉Jan 31, 2022 : Halving Block Reward
📈BUY
-Buy: 0.135-0.145$. SL B
📉SELL
-Sell: 0.18-0.19$. SL A
-Sell: 0.215-0.225$. SL A
-Sell: 0.28-0.29$. SL A
♻️BACK-UP
-Sell: 0.135-0.145$ if B. SL A
-Buy: 0.07-0.08$. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
RVNUSDT 4H Long setup; Bullflag after breakout of desc trendlineTA Explained
RVNUSDT did a full pullback to the fib 0.728 level as can be seen in the below snapshot:
After breaking the descending trenline, a bullflag is being formed, about to break out. However one more dip could be expected as well, which would give the second entry for this setup.
Trade setup
Best entries: 0.14991 -0.16440
TP1: 0.19931
TP2: 0.22581
TP3: 0.26428
SL: 0.12785
RR: 3.61
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
$RVN - Bullish Entry (#Ravencoin)Waiting for it to pull back into a 5-30 min order block. Stop loss is placed below fair value gap entry which if it would get much lower would change the market structure and you wouldn't want to be in the trade by this point anyway. But I'm aiming for those equal highs it created on the way down at $0.197900. Entry at $0.163696. and Stop loss at $0.149500 giving the trade a 2.41 win ratio. And I'm feeling pretty good it will pull back into the entry zone HUOBI:RVNUSDT
An Upcoming Future RVNHello all, figured I would do a quick look at the four-hour TF for these couple of cryptos here. Seems to me as if XRP is ahead as usual and is possibly paving the path for these couple of cryptos I have on the screen. Now, as for other cryptos, I am unaware I have yet to graph them.
DYOR & DD. Not financial advice.
🚀Triangle RVNSupport the idea with like!)❤️
#RVN/USD
📌 Triangle RVN
🔹Analytics: I expect the break of the counter-trend line, the break will give a good setup for an upward movement!
Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.