Raven could fly highRaven is an interesting coin. It was the first to really pop off during the alt pops the latter half of this year. Right now it is looking sexy to go up. Every reason is explained on graph.
- namnaste
Raven
BTC-RVN RavenCoin - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2018 ( 1 / 10 )
Volume 24 H : 15000 BTC ( 7 / 10 )
Available Markets* ( 3 / 10 )
Social Media Rate ( 4 / 10 )
Ranks ** - 60 ( 8 / 10 )
Website ( 4 / 10 )
Type Enabling users to issue tokens on a secure and decentralized blockchain.
Overall ( 4 /10 )
Ravencoin is still pretty new to crypto family.
It has to work hard to proof itself. That's why No long term target. Play for a daily profit.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
NICE BUY OPPORTUNITY ON RVN !!!theres been a lot going on about this coin recently
well coming to technicals
1. we have created a big bullish crab pattern on 4H (green harmonic) target near 510ish
2. we have created a nice deep bullish crab pattern (blue harmonic) target near 540 ish
3. we are at a major support too of 500 level (the green BOX )
4. we are at the 55 exponential on daily (on bittrex chart)
4. there has been nice bullish divergence on the bittrex chart , since binance was offline for 8 hours , i am not able to show it on this binance chart
SO SUMMING UP THE THINGS
nice to buy at 510 to 540 sats level ,,
target 1- 620 SATS
target 2- 680 SATS
target 3- 720 SATS
BITTREX CHART BELOW
RVNBTC Correction, Ready for Entry PositionHey guys!
Stop-Loss I gave to you before is activated and we are going to see some correction.
Fibo 61 is showing us 560 at this moment. So best entry base on my opinion is 530-560. this is our last support so be careful!
RVNBTC -8.49% has good momentum and big momentum means a huge profit.
- RSI is currently in oversold zone.
- EMA is not okay.
- MACD is negative and red.
Do not buy Now except in the buy zone.
RVNBTC Currently on the DownTrend and reasons whyThe chart is pretty self explanatory and I charted this a few days ago and watched it respect the red trend lines and eventually today break the wedge on the same side. I thought I would send this out to all the RVN holders.
It has lost the 636 weekly support and will currently try and come up and first touch on the weekly 613 level and try and hold support there and move sideways out of this trend. It has done this a couple times previously so expect it to do it again and then create a new wedge.
Make up your own minds on whether to hold/Buy/Sell your RavenCoin :)
Complex Head and Shoulders Completed.It appears that the head and shoulders formation has finally completed. Previous research indicates that upon completion of a head and shoulders top pattern the price tends to bounce and attempt to return to the break out point. However, it should be noted that the completion of a head and shoulders pattern marks the beginning of a major trend reversal. Although there is alot of hype around $RVN and I certainly am a big fan, the completion of this pattern indicates that further declines may be coming in the near future. Of course nothing is guaranteed. Keep a close eye on this if you are involved in this trade and make sure to set stop losses if you are trying to catch this upcoming bounce. Nothing is guaranteed. Always remember that, but the odds are in our favor that this will bounce a little here and then continue downwards in the new downtrend that has essentially just been confirmed.
Raven finds itself in a channel?Seems like Raven has some correction left to do. It could bounce on the fibs, which seem to line up well with the price movements so far.
$RVN Keep and eye on OBV, RSI, and MACD break of Supports This is an incredibly educational trade! It will either break above .786 fib level for the beginning of a third wave or the second wave will correct down to .618 or lower.! So far oscillators and on balance volume are holding up! Keep an eyes on those supports and resistances (.618 fib retrace level for support, .786 fib level for resistance)). As always....be disciplined. Luck doesn't exist.
RavenCoin (RVNBTC) Does 328% (Gold Old Days) in 12 Days!The gold old days are here... RavenCoin (RVNBTC) has increased by 328% in price in only 12 days.
I had this coin in my list for the longest time ever, received some good information about it and wanted to share with you but didn't get to do it, here is the info I received from a friend:
Greetings Alan:
You know it was right when I sent you the note a few days ago on Ravencoin (RVN) well the coin is up 30% today and volume is up 7 x and counting.
Today is was announced that RVN it is to be listed on Binance.
Furthermore, the coin will release its 'Asset Layer' on the 31st Oct. Super smart timing by Binance to list now.
In summary:
- Anyone can make a asset token with 500 RVN in the wallet. This is massive. Plus the token can receive dividends, messaging and voting rights from the issuer. AND it follows the BTC standard. Fair distribution, NO ICO and completed decentralized network and code. Its up there with BTC LTC & XMR in quality.
- Top notch coin.I hope you will find time to bring some alanmasters magic to this coin by doing some T/A and letting more people see what IMHO is something that has the ability to be a long term HODL and enjoy solid gains.
- May the universe reward you much more than you ever dreamed.
Namaste.
If you enjoyed this post, please like, share, comment and follow.
Your support is appreciated.
Namaste.
$RVN Real time adjustments to ABCDE TriangleIn case my previous chart may be off by a little bit on that Triangle ABCDE Wave. This is an alternative Triangle ABCDE wave count at the end of the triple combo.
RVN is likely to retest 1045 in 3-5 daysI think RVN will either retrace down and bounce off trend support, or go sideways more or less, before shooting up to test 1045 between October 28th and 30th. If market breaks out and confirms new support with it's first and second (if there's a second) retrace, then it's time to buy for the next cycle.
RVNBTC - Bullish Breakout Expected - BUYRVNBTC - Bullish Breakout Expected - BUY
Trading at the apex, poised to break over the resistance.
Look to buy AT 843, with small stop placed under 808,
Target 910/1050
RAVEN Hitting New All Time High's by You Guessed it - TODAY. Raven has plenty of Volume and a consolidated trading range. A teacup formation and long supply test has already taken effect and the next step is a fast move upwards. Hang on tight and enjoy the ride.
RVN key support areasJust a quick chart to show some of the support areas for RVN.
Some thoughts
- 530 Sats is the only area that was tested twice
- 530 Sats is also at the 68 retracement range
- 4 hour MACD has crossed bearish
- Daily RSI will be out (14 bars) in a day or two so if it does manage to stay at current levels or moves up from there it will be severely overbought
- 4 hour RSI has fallen below the trend line although not very established since it just got listed
Raven taking a breather RVNBTCA couple entry targets and sell targets.
Lines of fib retracement lines of confluence showing in red.
Entry 1: 0.00000779
Entry 2: 0.00000682
Target 1: 0.00001193
Target 2: 0.00001342
Target 3: 0.00001535
Stop: 0.00000624
RavenCoin: take profits, play the volumeA few targets for this nice little sprint we've been on.
Take profit. Set stops. Trade your plan.
rvn bull run and back to 1k support after 31st Octcurrent price based on last ath break in april and some fractals gave me a top of 1050 ish and a pull back of 800 ish on the way to 1800 sats.. it could overshoot into 2ks and then follow an abc retest while adoption takes place for assets.. if the current retrace plays out then this price should form a strong resistance after ABC at 1k ish
More up for RAVENThis is not how these pumps end. This will have a 100% daily gain next.
Challenged to post so here it is.
Raven Still FlyingRaven mainnet launches October 31st so there is a lot of excitement in the market. I expect the upward trend to continue with a short term fall back to the trend line. I suspect an ATH may be in the short term with a large retracement shortly after the mainnet launch. Keep some things in mind before taking action: 1) tokens regularly went 10x last December and January. 2) Those same tokens fell to 0.2x in the summer...tough choices to maximize profit. There is nothing wrong with taking profit at 2x or 3x.
