RVNBTC trade ideas
RVN/BTC 1D ScenariosHello,
1. If we get 1D today closed at 228 then we will test 270 (within couple of days). At least we will form a support at 247 after testing 270;
2. If we will not get 1D today closed at 228 then we are going to test 209 and continue consolidation.
3. Taking into an account further COVID spread that is happening now in USA and Brazil, we could see huge correction of major indexes and BTC as well (as they correlate). If this happens then we could see new low levels (160-170 sats for RVN).
Please DYOR and be brave to use stop losses.
Many thanks,
Asky
Ravencoin Crypto Signal | AlanMasters [RVNBTC](397%)Ravencoin | RVNBTC
BUY: 0.00000215 - 0.00000235
NEXT SUPPORT: 0.00000195
TARGET:
1) 0.00000255
2) 0.00000275
3) 0.00000325
4) 0.00000360
5) 0.00000405
6) 0.00000475
7) 0.00000540
8) 0.00000625
9) 0.00000680
10) 0.00000755
11) 0.00000970
12) 0.00001105
POTENTIAL PROFITS: 397%
(Price writing 0.00000222)
STOP: Close weekly (W) below 0.00000170.
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This is our full trade signal for Ravencoin.
This is not financial advice.
Feel free to leave a comment if you have any questions or anything to share.
Thanks a lot for your support.
Namaste.
Ravencoin- RVN/BTC Long. Targeting double-Strong accumulation potential as volume profile at given levels is high.
-Washed out to new lows and trending upwards since along with rsi (although neutral volume could indicate that this move may take some time)
- Looking for a double around 350-400sat.
-TD9 + 1 ,2 3, 4 sequence of candles after may suggest that the bottom is in.
-Yellow is the buy zone and red is the target zone.
Goodluck :)
RVN Structural S/R Flip| Pivot Point| .618 Fibonacci| RSI WedgeEvening Traders,
Today’s Analysis – RENBTC – trading above structural level with Fibonacci confluence, RENBTC is likely to rise up validation of this level.
Points to consider,
- Structural S/R Flip (Retest)
- Technical Confluence (Trade location)
- RSI Falling Wedge pattern
- Bull Impulses (PA validation)
RENBTC is re-testing its structural S/R flip; further candle closes will solidify the level. This is a key support with technical confluence; market structure, key Fibonacci level (.618) and a Fibonacci Extension.
This indicates a true trade location and a pivotal point on the chart
The RSI is in a falling wedge pattern, breaking in either direction will dictate the overall trend. Stochastics are over extended, can stay trading here for an extended time, momentum is stored to the upside upon a valid buy cross.
Overall, in my opinion, price action will dictate the overall trend, strong bull impulses will be a sign of a probable parabola. Validating support will be very bullish, RENBTC will likely rise to Fibonacci targets.
What are your thoughts?
Please leave a like and comment,
And remember,
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
$RVN, I think its time for this asset to start moving up$RVN
I think its time for this asset to start moving up & catch up w/ the rest of the Alts...
UCTS signaling a buy on the 2D & lower timeframes while volume has been increasing...
~225 sats could be a place to look for an entry on its way toward ~275/300/340...
#RVN
RVN/BTC Ready for 31% in short Term#RVNBTC Short Term Update:-
#RVN finally broke out Resistance level and we waiting for Re test.
If price down around 220 Satoshi then i will buy more #RVN.
Already we are in Good Profit.
Re entry:- 220-225 Satoshi
Target:- 295 Satoshi ( 31% )
Stop Loss:- No need
After cross 300 Satoshi then Big Move.
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Thank you.
