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Ravencoin / TetherUS

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RVNUSDT trade ideas

RVN100 trades crypto series Starting date: 9/August/2021 Day 4 Starting capital: $500 Capital at present: $583 Trade nr. 11 (all trading ideas in the series with comentary and outcome can be found on my profile) As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT. Also I was luck enough to catch the BTC market cap dominance rising in a short term which was also a good indicator that alts will bleed. BEARISH VIEW: -Tight bear channel -mega rally of this coin made me believe that bigger correction is in tact. BULLISH VIEW: -75% of bear channels will eventually break upside, which we can see later in the in this downtrend. However after such a strong leg down, at least double top can be expected
Short
by Sharkethics
RVN100 trades crypto series Starting date: 9/August/2021 Day 3 Starting capital: $500 Capital at present: $526 Trades made - 9 (all trading ideas in the series with comentary and outcome can be found on my profile) BEAR: -Biggest candle late in a short term trade signaling that it might be an exhaustion candle followed by selling - Overextended bull run, profit taking by bulls inevitable in a short term -bears opening short seeing such a parabolic move, they know that bull will take profit at some point soon. BULL: -TREND is in tact, so pullback might be brief (one candle for example) This is a high risk/high reward trade trying to catch the top. Initial target is the open of the last bull bar, which is 1:3 Risk to reward. If bears won't be able to push lower, will there is a possibility to 2:1, otherwise will manage on the go. In such strong upside moves, retracements are brief so profit taking at 30% retracement of final wave is reasonable thing to do.
Short
by Sharkethics
RVN 1D : Quick 80%Hello Everyone, If You Like The Idea You Can Support With A Like And Comment . Reminder Save Ideas To Check In Futures Also . In Coming Day We Would See Quick Pump On RVN . One Of The Momentum Coin Which Is Sitting On FIB 0.846 . Personal Plan : Selling Half On 80% Profit Keep in mind. 🟣 Purple structure -> Higher TimeFrame Structure. 🟢 Green structure -> Daily Structure. ⚫️ Grey structure -> 4h Structure. 🟡 Yellow structure -> <4h Structure. Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Long
by Cryptorganism