Raven coin still sleeping | time for coffe!RVN has been consolidating for a while now, staying low.
Zzzz...
May wake wake up! Soon!
Power to the people !
Crypto Powers
RVNUSDT.P trade ideas
moving 200 & ichimoku & fib divHello friends
I will provide you with another analysis with my own strategy. As you can see in the picture, the price of the Como cloud has broken upwards and the 200 moving average has formed a strong support line below the price.
Congratulations to all of you, my dear subs, who believed in my trading methodology, and challenged the world by being a bull! We deserve to celebrate!
BECOME A MEMBER!
Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume ). Like this idea if it helped.
Thank you very much.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is vahid, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch.
Ravencoin - RVN/USDTIn early March this year, Ravencoin had support at $ 0.023. After the great fall caused by the corona crisis, that support became resistance.
It can be said that the value of 0.023 USDT represents a great resistance. On the daily chart it can be seen that after a big drop Ravencoin tried five times to cross that value and failed.
Also on the daily chart it can be seen that the 200 day EMA line has been tried several times to cross but failed.
Considering that the more times one tries to cross the resistance, the weaker it becomes, and that the 200-day EMA line approaches the current value of Ravencoin, it is to be expected that these barriers will be crossed in next days.
After crossing the resistance at 0.023, the next resistance is at 0.030 USDT.
This is my idea not financial advice.
RVNUSDT ANALYSISThe candles are between the support line(0.01730) and the resistance line(0.0247). Therefore, if you wanna buy, you should wait at the support line(0.01730), or the resistance line will turn the support line.
Until that time, you may look at different coin's analysis in my page:)
Ravencoin, Crypto darling on strong UPTRENDFA:
The mineable, open source coin which was not pre-mined; if you are looking for a stable and safe investment, this is probably one of your best bets.
TA:
Strong Upward trend.
Volume profile is centered at current price level, therefore, big price retracements are unlikely.
ATH is 100% away, with RVN's development; we can expect it to go higher.
Please manage your risk accordingly, this is not investment advice.
-Megalodon (Rahim)
Please share your comments below and you are welcome to post your own charts :)
BINANCE:RVNBTC BINANCE:RVNUSDT BITTREX:RVNUSD
RAVEN STARTEDPrice crosses over MA,EMA 200 and at the same time broke validly bearish trend line with the one green candle super power
Tomorrow is a good day for those who have RAVEN
GOOD LUCK
Small trade on RVN, good supportRVN is one of the best criptos for small miners at the moment, paying them (me as well) better hashrates then ever.
Now it´s a good opportunity to buy and hold the coin, buy on the Orange and Red support lines for a possible short term 24% profit or hold it for the future and who knows where can it go.
RVN making a move - Could be a lucrative long hereRVN has been on a downtrend for over 2 weeks and has broken the resistance on 2hr and LTF. The trend change means this long could be quite lucrative as RVN held the support despite the RavenCoin attack news recently as the Developers have been quick in acknowledging the vulnerability and reacting quickly to the event. Ravencoin has a strong community and despite the recent news, the Technicals and the trend looks in favor of Bulls.
The 2 hr chart shows Trade Entries with Targets achieved so far and ones that have not been hit (Chart uses Plug and Trade to generate entries based on TrendRider - both Premium scripts). If this trend continues, the next targets open up bigger ranges for longs and hence the reward is pretty high here compared to the risk.
Recommended Stop Loss - 0.017-0.019 - based on personal risk strategy and timeframe traded
As with any trade, Do Your On Research as crypto currency trading has its risks as the market is quite volatile and is dependent on BTC moves.
RVNUSDTRVNUSDT, the trend has been slightly increasing and just broke the support line. It might go up or down.
1. If it goes up, wait for an open-close candle above the line then buy because of expecting more increases. (keep your eyes on the downtrend line for the next movement.)
2. If it goes down, you wait for an open-close candle below the line then sell due to the fact that expecting decreases.
Possible Moves for RVNAscending Triangle is forming for RVN and it’s very close to S/R zone. EMA50 follows the price and direction is up
Technical detections are good also
