Based on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03860
🧯 Stop loss 0.03580
🏹 Target 1 0.04220
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
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Ravencoin (RVNBTC) is showing some bottom and recovery signals but first, let's look at the long-term chart.
We can see a 1330% potential from the current price to the All-Time High, but we are more conservative and we target smaller waves.
Let's zoom in... RVNBTC Weekly
Here I am focusing on the higher low long-term.
We have date since late 2020 all...
Hey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
On a monthly time frame, the price line of RVN has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RVN broke down from 143 sats level which was its horizontal support and 0.786 fib level.
It has retested this level and is about to go down in the coming weeks.
This has massive potential after ETH 2.0 because miners will shift to rvn because eth will no longer remain mineable which will increase ravencoin's price.
Buyers can look to buy at the supports...
RVN showed me huge and giant bullish divergence and massive buy orders , the BTC Pair is best for grow your BTC balance during Market Crash .
Have a nice Day....
Targets and other informations are on Chart .
Ravencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved.
Earlier the reward for mining a block was 5000 RVN but after the...
Welcome to this quick RVN/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-RVN/BTC tringle pattern conform and retest buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
Traget:- 150% to 200%
Stop loss:- 0.00000116
Remember:-This is not a piece of financial advice. All investment...
#Ravencoin #RVN in a huge triangle...
Will the breakout be a continuation of the upwards direction?
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
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Illustrated above are my expected price targets for RVN.
I will take profit in partials of 25% for each target.
Once 4th and final target is reached i will then enter
SHORT and update this chart for a follow up of the
Raven has its halving event in 6 days or 11 January.
Price has been pumping for 3 weeks now after that scam breakdown below the blue triangle.
Now price appears keen to break out above this formation, but there is one challenge - the $0.13 resistance level.
On this weekly timeframe, the indicators are bullish, volume, RSI, MACD and OBV are all looking well...