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RVNUSDT trade ideas

🔥 RVN: The End Of The Bear Market?RVN is one of the few tokens who I think is nearing the end of its technical bear market. Even with the most recent bearish news hitting the markets, RVN appears to be unstoppable and is trading near a long-term resistance. For the coming week, this resistance is key. For the bulls, the ideal scenario would be for the price to break out, retest the resistance as support, and move back up towards $0.10 and beyond. RVN might pull off what LINK pulled off last bear market, namely being one of the few tokens which continues to gain during a stressed market. The bearish case is clear; a reversal from the top resistance and a move back down towards the bottom support of the channel. For either way, be patient and wait for confirmation of the trend.
by FieryTrading
25
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐 I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO. Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours. RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. Cheers!
Short
by znakosaur
💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06040). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . RVNUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 55. Take Profits: TP1= @ 0.06816 TP2= @ 0.07382 TP3= @ 0.08097 TP4= @ 0.08833 TP5= @ 0.09613 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
2
💡Don't miss the great buy opportunity in RVNUSD @RavencoinTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.06040). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . RVNUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.06816 TP2= @ 0.07382 TP3= @ 0.08097 TP4= @ 0.08833 TP5= @ 0.09613 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
RVN loading up for a move!Here's a quick Look at RVN 1 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and a break to the upside could be around the corner. If BTC goes south, then this setup won't be relevant. The best entry would be when the price breaks above 0.0566$ with a good amount of volume . One to keep an eye on. ------------------------------------------- The idea is: Buy when the price breaks above 0.0566$ and take profits at the levels shown in the chart. Targets: 1. 0.058$ 2. 0.0598$ 3. 0.062$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
10