RVNUSDT trade ideas
RVN Short setup with pivot pointsClear downtrend and the price is near to trendline.
Small percentage of stop loss and maybe a high profit.
Not financial advice just structure analysis.
One more try to buy the deep!Above upper wedge line if the price will not rejected from the stop grabber zone there is a high probability free space for huge upside movement!
RVN long term. Possible breakout one of these days. If btcdo his thing and break 42k>46k>53K then we can see from RVN a big move upwards.
Triangle VS ABCWe have two acceptable patterns at the moment and we should wait to see which one will dominate!
As we have expectation of deeper Btc movement at 41k around I am voting for ABC for now!
RN/USDT explosion RVN ready to explode at .11 great buying opportunity short-term possible 100% profit ROI.
$RVN holdng support line of lows - FEB$RVN holdng support line of lows - FEB
I am holding 50k coins of RVN
$RVN Make or Break?BULLISH - It has to go back up into the uptrend line
BEARISH - If it breaks out of RZ, then it will fall into the descending channel.
TIME WILL TELL US THE DIRECTION
RVN range tradeRVN/USDT has been consolidating for quite some time now and it looks like it might finally be ready to move up a bit. It has just confirmed a low and formed a bearish gartley. It is also showing bullish divergence on the MACD which would indicate a continuation to the upside. Profit taking would be at the PCZ of the gartley which is also the 0.668 fib level from the high and low of this range. Partial profits could be taken at an intermediate resistance level as indicated by the chart. This is my first ever analysis I'm publishing so please go easy on me :)
RVN Scalping orderis not really strong level if break the trend can make new low
ENTRY : 0.128
SL : 0.106
TP : 0.177
Risk : 17%
Profit : 38%
RVNUSDT bearish trendTrend line should be watched for potential breakout for long or decline for short positions. I'm just sharing my scanning results later i am planning more detailed technical analysis as i did before
Our buy level works fine, what is next?We have Two important levels for watching now!
Extension 100% and 161.8!
Good luck!
RVN is in a minimum priceRVN touched its supporting line and now the price is at the floor of upward channel. On the other hand RSI indicator trapped in a descending channel. If the static resistance at the price of 17.8 ¢ broken, the price of 28 ¢ is accessable for RVN; If not it will exit from bottom of channel and oscillat around 16 ¢ for a few weeks.
