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RVNUSD trade ideas

RVN 668day since ATH Feb 2021 Tip: Old coins looking strong right now because they have been in the longest correction period ever! compared to the hype of new projects of 2021 ... Also they survived many crisis already so I feel safe in them over shitcoins like Sol and other new 2021 coins that keep minting new supply. However, old coins already all of them reached max supply so I won't worry about rug-pull. RVN all-time-high is Feb 2021 ! rare to find a coin that has been on this long correction, also RVN usually follows LTC and LTC halving August 2023 and if you have seen my LTC halving chart you will know that LTC big pump is coming months before the halving and then miners distribute selling local top June-July just a couple of months before the hype of "LTC halving is coming...." news. You heard it here first, just almost a year ahead. Get ready for 2023 bounces not a new ATH but good bounces to the scalp with a high % return. Don't think of a new ATH unless after we bounce Bitcoin and retest.
BINANCE:RVNUSD
by Nxgencrypto
1
RAVENCOIN not done yet?I mean look at this set up. A lot of GPU miners want to keep mining. RVN has a lot of good things going for it. Plus if it follows BTC's bull cycle after each halving, then we could still have another 9 months before top. Maybe a Christmas and April. Also we missed our christmas rally last year and have had a long hard (recession priced in) bear rally. I'm feeling optimistic now for a turn around. Remember BTC dropped from 20K to 3K then ran to 70K RVN went from $0.20 to now $0.03 this year. Who know where it could go. For now the only safe play for me is LONG with stop loss sub $.03 and targets $.05 $.07 But I will be holding a bag as long as I keep seeing mining activity and development on the chain. Would love to hear thoughts and feedback!
BINANCEUS:RVNUSDLong
by lillybear
RVNUSD Strong success on our call. Make or break time!The Ravencoin (RVNUSD) is having an impressive first half into September as it held the 1D MA100 (green trend-line) as Support and rose aggressively above both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) to hit the Red Trend-line and the top (Lower Highs) trend-line of the long-term Channel Down pattern, as we illustrated on our previous July 29 analysis: As you see, the pattern played out exactly as we projected. That brings RVN ahead of critical crossroads. It is make or break time, as even though the rally that practically started after the Inverted Head and Shoulders pattern on the June 15 low, is strong enough to break above the Channel Down, we have to respect the red trend-line that has signaled a sell opportunity every time it has been touched. As a result, being that close to the top of the Channel Down, a sell trade with the SL tight at the top of the pattern, offers a very favorable Risk/ Reward Ratio, with the target being the 1D MA100 just like on September 21 2021. However, be ready to reverse to buying again, if the top of the Channel Down breaks. In that case, will will target Resistance 1 at 0.14250. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:RVNUSD
by TradingShot
4
RVNUSD 0.0600 Ultimate TargetRavencoin (RVNUSD) has seen a very strong and rapid growth in the past 3 days after rebounding on the 1D MA50 (blue trend-line) and is now very close to the 1D MA200 (orange trend-line). The last rise of such magnitude has been from July 30 to August 11 2021. RVN is doing so after a clear MACD Bullish Cross on the 1W time-frame with the bottom formation of June 15 being an Inverse Head & Shoulders (IH&S) pattern. That has a technical target of the 2.0 Fibonacci extension. Since we are that close to the 1D MA200, it would be less risky to buy only if it breaks or upon a pull-back to the 1D MA50. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:RVNUSD
by TradingShot
5
RVN RAVENCOIN USD BOUNCING OFF SUPPORT EXPLOSION INCOMING $2.50RVN RAVENCOIN USD Is looking great to me. The bottom is either in or one more test of the support line before the next explosion upwards. I can see at least $2 with this project. They are still working hard and fundamentals have only changed for the better since the last runs. I'm accumulating now. If support breaks and closes a daily below $.02 cents then expect a much further retrace down to prior support levels around $.01 cent. I don't think that is what will happen though I think a nice move is incoming, MACD is curling up, RSI is curling up and BBWP is starting to expand again so volatility is going up. A move is close and I think its more than likely to the upside. This is just my opinion and not trading advice. Good luck and thank you.
BINANCE:RVNUSDLong
by Bitgolder
6
Ravencoin will break Resistance as soon as April 2022The current price of 0.063 puts Ravencoin in the oversold territory bigtime. The lowest price we've reached so far is 0.052cents and it might be tested again for more downside if Bitcoin will break below 30,000K which is very difficult but possible. The Chart shows that we've broken the 0.08Cents Major support and the 0.052 Support Area must hold this price for the next volatility. If we break below this line and BTC goes into a tailspin and a full bear market we might be seeing 0.03cents area till year Jan 2023, but for this scenario Bitcoin must be in a long full bear market, but the recovery should be fast. Those are very nice accumulation and DCA levels from 0.05cents up to 0.014cents. Breaking above the Resistance line can be as fast as 10cents. PS: The Ravencoin halving was never priced in the chart because it didn't break above the resistance level.
BINANCEUS:RVNUSDLong
by R81
6
Ravencoin Super BullishWe are at a very critical cross roads and the war is on between bulls and bears. There is gigantic bullish wave that needs to be unleashed. 1- There are strong supports at 0.09 which was broken today and the OHLC bars are registering lower lows for the past 3 days, waiting for a reversal if not then: 2- The 0.08 support if broken might bring us down to 0.06x. Personally, I wouldn't short anything that behalves like Bitcoin if I don't have an insider information from a whale, but the shorts are going to be a perfect powder keg for the Ravencoin first halving cycle.
BINANCEUS:RVNUSDLong
by R81
8