RVNUSDT IDEADescending channel up side breakout is already done in 1D time frame RVN Hits Our Target Almost 40% Profit DoneLongby Ava_Cryptoo0
🌟🔍RVN's Breakout and Potential Rise 🚀 🔺 RVN's Key Weekly Trend Line Break: Ravencoin (RVN) has broken a crucial trend line in the weekly timeframe. It's been five weeks since the breakout, with a near 40% increase in price since then. However, the main bullish movement is yet to start. 🎯 Weekly Entry Triggers: The entry triggers for the weekly timeframe are set at $0.01946 and $0.02402. 🕒 4-Hour Strategy: In the 4-hour timeframe, a long position can be opened upon breaking $0.01946, with a stop loss below the previous significant low. 🎯 Weekly Target: If the market moves upwards, the weekly target is around $0.07719, equating to an approximate 302% gain. This target is aligned with the trend line breakout. 🛑 Stop Loss Strategy: For the weekly timeframe, the stop loss should be placed in a way that it doesn’t get hit easily during a pullback to the broken trend line. The safest area for a stop loss is around $0.01070, which is about a 40% risk. 📈 Volume Confirmation: It's crucial that the volume increases alongside the price rise for confirmation. 📊 RSI Oscillator: The RSI has broken its trend line and is facing resistance at 53.57 in the weekly timeframe. A break of this resistance could provide an early entry trigger. 📈 Accumulation Zone: The box between $0.01946 and $0.01388 could be considered as an accumulation zone. ⚠️ Bitcoin's Influence: Keep in mind that Bitcoin is entering a liquidity zone and may face a downturn, which could affect RVN. 🔑 Related Categories: Trend Line Breakout Entry and Exit Strategies RSI Analysis 📣 What are your thoughts on RVN’s potential? Share your strategies and insights! 💬🌐 #RVNAnalysis #CryptoOpportunities #TradeCityPro 📚 Remember: Cryptocurrency trading involves high risk and volatility. Always do thorough research and consider market conditions! 🧠💼Longby tradecitypro2020313
RVNUSDT UPDATE#RVNUSDT UPDATE RVN is at a strong support level and getting ready for big move. We can see gain upto 100%+✍ Always trade with confidenceLongby Alice_Crypto_Signals5
RVNUSDT elliot wave analysisHello Here is the wave analysis of RVN in daily TF Let me know what you think about it?Longby zamanidotreza3
RVN on the moveIs it RVN's day today. Let's hope so. with a buy print and considerable volume. I expect a great rise from here. DYORLongby jonahmano111
RVN is preparing for the pumpWe have a large diametric for RVN. We now appear to be in wave f from E. In wave g from e inside the green range, you can look for buy/long positions. This analysis has been updated and linked. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdark6
RVNUSDTAs seen on the chart, amidst the bullish market of October, Ravencoin has remained bearish indicating loss of interest by investors. It keeps forming LH and has not performed well since the start of the year. The oscillators are indicating a bearish divergence. Entry at 0.01719, TP-0.01679, SL-0.01724Shortby HqbossUpdated 1
Rvn to hit 0.024 this monthThe 0.018 resistance line became a support line and rvn supposed to enter in an uptrend this month and might hit 0.024Longby Sassi190
$RVN BREAKOUT Falling wedge in Weekly TF And also retested ** NGM:RVN BREAKOUT Falling wedge in Weekly TF And also retested ** Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. - Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support). - The pattern resembles a wedge pointing downwards. 2. **Confirm the Falling Wedge:** - Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease. 3. **Wait for Breakout:** - Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge. - The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout. 4. **Entry Point:** - Enter a long (buy) position as soon as the price breaks above the upper trendline. - Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts. 5. **Stop-Loss Placement:** - Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge. 6. **Target Price:** - Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point. 7. **Risk Management:** - Consider your risk tolerance and position size to manage your risk effectively. The risk-reward ratio should be favorable. 8. **Monitoring the Trade:** - Keep an eye on the trade to ensure that the price continues to move in the expected direction. Use technical analysis and other indicators to guide your decisions. 9. **Profit-Taking:** - Once the price reaches your target, consider taking profits. You can also use trailing stop-loss orders to lock in profits as the price moves in your favor. 10. **Adapt to Market Conditions:** - Be adaptable and monitor market conditions. If the breakout does not follow through as expected, be prepared to exit the trade with a manageable loss. Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.Longby Crypto-Adda_Official224
Rvn#Rvnusdt Considering that a deep and timely correction is still negative, the overall trend is still negative... so the option to buy in these areas is not risk-free... but no purchase in the financial markets is risk-free and we must look for the right areas... Areas where price reversals usually occur.... price stabilization above the trendline can be the start of a big upward positive wave....don't rush...don't work on the futures market for now...good luckLongby aminshk2
Order block in RvnIt positive because breaking the trend line and I wait it in OB. Longby Chartvieww0
RVN IS THE BUILDING COINRVN is the coin of the moment with building trend on day frame, this can go further on the swing trend and long term. RVN has a building trend and can show an interesting break in the coming time frames And same time it's the coin of the moment. We follow always what the trend shows depending on the tools and trends we use. RVN can shows more in the coming time. Longby SatochiTraderUpdated 7
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.)Longby J_umaaUpdated 227
RVN ROADMAP (1D TF)The symbol RVN has been in a price correction for about 3 years. By examining the waves, we can see that the price is inside a large diametric, which is now inside the microwaves of wave E of this diametric. Wave E itself has become a diametric, which is clear that the price correction will continue. The RVN roadmap should be as shown on the chart, but there may be minor fluctuations with changes. The financial market is based on probabilities, so control your riskby behdark446
inverse head and shoulderpossible inverse head and shoulder. looking on smaler timeframe for entry. always use SL. good luck.Longby OnYx0
#RVNUSDT's Prolonged Downtrend: A Glimmer of Hope?💎The weekly chart for #RVNUSDT paints a predominantly bearish picture. After a rebound from the descending trendline and the 50 Exponential Moving Average on the weekly timeframe, the coin registered a fresh lower low. Notably, #RVN breached the triangle pattern, plummeting to a staggering 868-day low. 💎This extended bearish phase, however, shows hints of a potential conclusion. A noteworthy bounce from the 127.2% Fibonacci support was observed in June. Coupled with the Elliot Wave theory, there's speculation that #Ravencoin might have charted its final 5th downward wave. While these are preliminary indicators and might not conclusively signal a trend reversal, they certainly provide a foundation for exploring potential bullish trajectories. 💎The chart reveals an immediate resistance at the triangle's base, pegged at $0.0188. This region, housing the proximate supply zone, aligns well with the descending trendline, possibly even the 50 EMA. Should this scenario unfold, we could witness a 40% price surge in the forthcoming weeks. The real excitement, however, brews if #RVN surmounts this resistance, potentially propelling the price towards the principal supply zone at $0.0379. Such a move would translate to a whopping 175% ascent from the current Fibonacci support. 💎But let's not get ahead of ourselves. For such an optimistic forecast to materialize, it's imperative for the price to remain anchored above the present support. A breach below this level remains plausible, urging Paradisers to tread with prudence and brace for any eventuality. A heightened sell-off, culminating in a support break, could see sellers driving the price down to the 161.8% Fibonacci support, stationed at $0.0070.Longby MyCryptoParadise2
RVN going down like blackhawkHorizontal level in shorts with two touches. Global downtrend. There is a clear trend of impulse exits to the short after consolidation on the instrument. At the moment, a minimum has been formed on a round number near which the price is being held. In confirmation of the breakdown scenario, I expect a preload, as noted in the screenshotShortby CScalp_EN3
The Crow coin is ready for upside moveRVN COIN on the best altcoins to trade which can make you easy money, Has just tapped the weekly demand zone and is ready for an upside move. Me and my team have already loaded our bags for an easy 2x from here. If you have any questions, Just simply dm me on trading view. I would be happy to helpLongby TJDE2
RVN Has a very good investment opportunity Hi Everyone; today we have one of the best risk to reward Investment opportunity it is more than 587 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final targetLongby AlQasim_Analysis883
RVNIn the past, the price was supported twice near the support range, but the third time it rejected the same limit and collected all the liquidity. My analysis is that if the current resistance line will be broken and the price will rise to a higher resistance line.Longby ghane_amir5
RVN (Ravencoin) Coin Analysis 01/04/2021Fundamentals: 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. As a fork of the Bitcoin code, Ravencoin features four key changes: modified issuance schedule (with block reward of 5,000 RVN), block time reduced to one minute, coin supply capped at 21 billion (ten times more than BTC) and a mining algorithm (KAWPOW, formerly X16R and X16RV2 respectively) intended to mitigate the centralization of mining caused by ASIC hardware. Ravencoin aimsto solve the problem of assets transfer and trading over blockchain. Previously, if someone created an asset on the Bitcoin blockchain, it could be accidentally destroyed when someone traded the coins it was created with. RVN coins are designed as internal currency within the network and must be burnt in order to issue token assets on the Ravenchain. The assets can represent anything: real world custodial objects like gold or physical euros, virtual goods and objects, a share of a project like stocks and securities, airline miles or an hour of someone’s wage, etc. The planned future versions of Ravencoin protocol will support integrated messaging and voting systems. The Ravencoin whitepaper was published by Bruce Fenton, Tron Black and Joel Weight. They stand out over the majority of the crypto crowd in that they were all seasoned businessmen and developers before they started this project. Fenton is well known in crypto for being a board member and an executive director of the Bitcoin Foundation from 2015 to 2018. Before crypto, he had a solid career in investment banking as the vice president of Morgan Stanley in the 90s and a managing director of Atlantis Consulting for 13 years. Currently, he works as a managing director of Chainstone Labs, a stealth fintech startup. Tron Black is a principal software developer with more than 30 years of experience, including leading several software companies as a CEO. He has been working in crypto since 2013 on several ventures including Verified Wallet, CoinCPA and t0. He is currently employed with Medici Ventures, a subsidiary of Overstock.com focused on blockchain technology applications. Weight is a chief technology officer at Overstock.com, a well known online retailer. Previously, he has also been involved with Medici Ventures in roles of COO and CTO. He is a veteran software developer who started his career after graduating from the University of Utah in 1998 right in the middle of the dotcom bubble. Technical Analysis: the coin has done its Accumulation zone and now reaccumulating after the impulsive wave which will lead a move up there are total of 3 Targets defined by Fibonacci Projection the 3 TP get its confirmation as the 2 TP gets triggered followed by some retracement and price Correction Longby BitonGroupUpdated 8831
RVN LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the RVN symbol. 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 YouLongby behdark4