#RVN/USDT - Long - Potential 5.16%#RVN/USDT provided by the pro trader BlockParty SPOT | USDT
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: Market order in range
Invest: 10.87%
Exit:
• ⎿ Target 1 : 0.02486 4.94%
Entry: 0.02369 ⌁ 0.02369
• ⎿ Current market price: 0.02369
Stop: 0.0226 (-4.6%)
Technical indicators:
• ⎿ 24h Volume: 2050778.85074
• ⎿ Satoshis: 0.02369
Entry Conditions:
| vol spike
| Trendline breakout
RVNUSDT trade ideas
RVNUSDT is forming a pattern for a short 🟠On the 1h tf we can see how our downward structure continues. After the break we formed a new zone of interest for the sellers. Exactly from it we will enter the short.
The trend is generally descending, so the deal should work out well.
Note : Its not an investment advice Its my point of view always do your own research and analysis before making any investment.
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Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
RVN trend breakout A symmetrical triangle formation was formed on the chart, price consolidation narrowed very much, volumes also fell, liquidity was removed from the bottom behind the minimum and no maximum was blocked from above, as well as a large number of approaches to resistance and the current preload indicates a desire to break through this inclined, I expect a gradual breakdown of the formation and fixing the price above it to continue long to the consolidation maximums marked on the chart
Rvn (Alternative to Ethereum) longAfter the completion of Ethereum mining, in practice, the next alternative to Ethereum in the market will be rvn. Save this analysis and check its accuracy later. Considering the strong support and the fact that we are now at the point of zero percent profit from the moment rvn was created.
RVN TREND-FOLLOWING! UPDATEHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
RVN WHAT'S NEXT?!
As we mentioned in the previous analysis attached to the chart
We were waiting for the bears to start the correction to catch the next bullish impulse wave.
The correction happened and we are still overall bullish trading inside this channel.
Meanwhile, and for now we will be waiting for now confirmation, we are waiting for a new swing high to be formed around the rising trendline then a break.
Which make sense for the swing high to be formed ling up with the previous highs and lows.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
WHAT'S NEXT FOR RVN Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
RVN WHAT'S NEXT?!
As we can see price rejected our previous massive support zone as we mentioned in the last text analysis
And traded higher, so for now we are clearly bullish trading inside this channel making clean higher highs and higher lows.
So, as the price will be approaching again our rising trendline we will be looking for new longs on lower time frame.
And as the price will be approaching our next resistance zone, we will be looking for new bearish reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
RVN Can the bears kick in again!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
RVN WHAT'S NEXT?!
As we can see price broke above our major swing high and traded higher
So, we are clearly overall bullish, however, price is approaching a falling trendline from a long term perspective
For the bears to kick in for another bearish movement we need a break below the marked major swing lows from a short and medium term perspective
Until that we are still overall bullish from a medium-term perspective
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!