RVNUSD
Bitcoin target and some alts to check outThink we need to stay above 52.5 for this bottom to still be in play. 65k minimum target and I see possibility of 100k.
some other alts byou might be interested in if bitcoin is going to get ath then these could be nice
UNI over 32.5
Sol over 15
Vet over .63
Ada over 1.25
RVN over .19
not financial advice
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
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
RVNUSD Setting UpRaven exploded recently and has since pulled back and gone quiet. It looks like it is breaking the downward sloping trend line, but it still must contend with some overhead supply. If it can grind through, we may see another leg higher for this altcoin. With equities firming up, this may be a great time to be long some of the high beta, small cap alts.
RVNUSD long.RVNUSD long. Ravencoin apparently began to rise exponentially. The rise becomes exponential because commercial terminals use logarithmic scaling as the vertical axis. In the case where a price movement proceeds in 1: 1 fractal iterations, the curve creates an exponential increase due to logarithmic scaling. The current rise target price is 0.72799137 The current level is suitable for taking long positions.
RVN/USD - New ATH to the MOON!🚀🚀🚀Raven painted a new ATH in a rally that defies gravity, I mean look at it... 8 three day candles in GREEN! At this rate we will get 30 days of green... 😲
Can Raven go higher? Yes. Look at the RVN/BTC pair... we have a long way to go...
The indicators looks extremely bullish and volume has been sustained through the rally. I am a bit concerned that RSI is over 90 already and we may get a pull back at some point to retest the old ATH maybe... then we will go higher.
Bias remains very bullish long term... Raven did an excellent run so far.
Keep your eyes on this coin.
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RVN/USD - Raven is going to Heaven! :D ATH in range!Well well, not long after I posted my last idea on Raven, where are we now, inches from the old ATH! :)
Raven pumped for three consecutive weeks and now here we are, less than 30% from the previous ATH in 2019.
I am very confident we will touch the old ATH level and then perhaps face some resistance around that area as supply side/sell side should come in. Nevertheless, the market remains very bullish, so I expect us to go higher if this momentum continues.
First lets conquer our old ATH. :) We are also a bit overextended here, but that should not stop us from another nice pump.
There is no bearish signals on any indicators apart from the 4h RSI which has a bearish divergence, but that is not a good indicator to signal a top during a rally. MACD on all timeframes looks great which is a much better indicators in such conditions.
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RVN/USD - Raven wants to pump! Raven is looking particularly strong here and wants to go higher despite the correction we had in the market today.
We tested the local resistance (dotted line) several times now and I don't think it will last another attempt unless the broader market pulls Raven lower back at support.
If ETH and BTC recover from their fall today, Raven is due for a nice run.
Daily MACD is still bullish and the 4h indicators are a bit flat, but price action is bullish to me so I am bullish on Raven for the next week or so. Lets see how this develops.
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🆓Ravencoin/USDT Analysis (2/2) #RVN $RVNRVN correction is paused in $0.023-0.024 zone, and at here a significant rebound is probable and the target is $0.035
📅NEWS
👉Jan 31, 2022 : Halving Block Reward
📈BUY
-Buy: 0.023-0.024$. SL B
📉SELL
-Sell: 0.035-0.037$. SL A
♻️BACK-UP
-Sell: 0.023-0.024$. SL A
-Buy: 0.0165-0.0175$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RVN/USD - Bullish price action towards $0.02 Raven is looking interesting to me right now. After a prolonged life in this descending triangle, we may get a breakout soon.
As you can see, price is testing the resistance level and it may pump any minute. If that does not happen, then Raven may come back down to re-test support before another try which will likely succeed.
The immediate target is $0.02 / Fib 23.6% which is quite sensible at around 40% gains. The next target after that is $0.036 or Fib 38.2%.
These targets are very likely to be hit after we break out of this descending triangle. We can resume our analysis once that happens. The targets after that are on the chart and will get us close to ATH.
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RVN/USDT - Raven at key resistance, $0.018RVN made a nice 40% rally in the larger pennant and now we are at a major resistance point, $0.018.
I would be surprised if we pass this level without some chop price action . Therefore wait for a breakout to long or if we lose momentum, a short is also a nice risk/reward here to the base of the pennant.
The next significant resistance is $0.02 in case we break above current levels.
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Middle Term Analysis for RVN-USDTHi there!
The SEC has started auditing projects that run ICOs without permission.
Ravencoin didn’t do a fundraise / ICO sell. Nobody got rich on premines or set asides. Significantly, the decentralization of the project is higher, as its its stability. This word is quoted from a community account in Twitter. I support this idea personally but not as a recommendation. So I'm not a lawyer.
Let's do some T&A?
This asset is showing some recovering signs since my last analysis. The community announced that Ravencoin will be halved in last of 2021 or January 2022. If you want to confirm this information, you can check it from CoinGecko.
There may volatility during halving period. Be careful :)
My personal targets:
0.01518$ - Reached in last analysis ✅
0.01780$ - Reached in last analysis ✅
0.02200$
0.03400$
0.04100$+ - If there will be a FOMO, this target may possible, may this asset go to 10x? Time will say that.
My discourses, my analysis and my drawing are definitely not investment recommendations. Cryptocurrency trading involves high market risk. Please take care of your trades. My analysis is for educational purposes, I am not responsible for your losses.