RVNBTC forming bullish Shark | Upto 23% expectedPriceline of Ravencoin / Bictoin cryptocurrency if forming a bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 100 simple moving average support beneath the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000379 to 0.00000358
Sell between: 0.00000399 to 0.00000442
Regards,
Atif Akbar (moon333)
Ravencoin
LONG - RVN - Trading OpportunityGreat consolidation right below the cloud, TK cross about to happen as well which gives us a signal for a possible edge to edge move.
Entry: 0.00000373
SL: 0.00000347
TP 1: 0.00000400
TP 2: 0.00000487
TP 3: 0.00000613
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Raven Coin Resumes Bull MarketBITTREX:RVNUSD
As you can see in the chart, Raven Coin has resumes it’s uptrend in a big way this week, climbing above the previous three weeks highs after a prolong decline.
Also the MACD indicator is about to give us a buy signal in the weekly chart which is very bullish.
Raven Coin is no small project, it is the top 35 coin in CoinMarket Cap, with a MarketCap of $175 million dollars. coinmarketcap.com
The coin just start trading in March of 2018.
In Elliott Wave terms, we have already finish Primary Wave 1 and Primary Wave 2 (which was an expanded flat), and had just started Primary Wave 3 just 3 weeks ago. The price target of Primary Wave 3 is $0.13 USD or higher, which is about 3.4 times the current price, and about 1.618% the size of Primary Wave 1. If I’m right we should hit that target within a month or so.
If we go below $0.0238 the pattern will be invalidated, so you can use that as a stop.
I also like this coin because it has proven that it can climb high even if Bitcoin and other cryptocurrencies don’t.
Good luck in your decisions
Ravencoin (RVN) - Range Breakout 1:3 @coinselorThere is a very significant S/R flip occurring in RVN after a weekly rounding bottom. The risk-reward idea is defined between two very significant levels. The amount of alts forming long-term reversal patterns is staggering.
BINANCE:RVNBTC
Market Cap:
$174,202,861 USD
20,276 BTC
MATIC: Changing Out Tune on Altcoins?Up until recently, we have advocated not chasing altcoins on rallies. The recent move in Matic Network (MATIC) is making us consider changing our tune.
Right now, Matic Network is at resistance near 212. We don't recommend paying up to join this rally at this time. However, with Bitcoin (BTC) stalling near 8500, we see a shift where certain quality altcoins may start to rally a lot. We are currently looking at Cosmos (ATOM) and Ravencoin (RVN), as well. ZRX is also on our radar.
Bottom Line: In Matic Network (MATIC), go to wait and see mode. FOMO doesn't always work after a massive rally in a highly speculative coin. The more significant point here is that we are warming up to the idea that altcoins are no longer toxic assets.
Ravencoin (RVN): Go With ItRavencoin (RVN) may be in the process of making a genuine breakout to the upside.
Ravencoin (RVN) is breaking above a speed resistance line at 420. The next upside target could be 636. That is the location of another Fib speed resistance lines.
One of the reasons that we think Ravencoin (RVN) could go on a bullish rampage is that the "previous 4th" wave is up at 935. After a significant downtrend, Elliot Wave practitioners believe a market can rally back to the point where the big crash began. In Elliot jargon, this is called a rally to the "previous 4th." So, while wave counting is a highly subjective business, we believe the previous 4th is up at 935.
Ravencoin also makes sense fundamentally. Ravencoin (RVN) can help tokenize assets like real estate. To us, it's a matter of time before sophisticated institutional investors, and even banks, want to start trading tokenized versions of legacy assets.
Bottom Line: If there is ever a time to close your eyes and go with a rally in altcoins, Ravencoin (RVN) may be that opportunity.
RVNBTC Elliot waves and Fibsthis coin is bullish if this
RED EW : price touched resistance 0.382(442 sats )
we are having the 4th wave at the 385 area and also fibs 0.618
so wait for daily closing is small ew (blue) price doesn't hold than it come this place
BLUE EW :
near resistance and also come at support 394 sats at A wave
so entry below 400 is overall good for this coin
target is 5th wave
entry : below 400 , 385 - 395 good
sl : 375
target : 5 to 20%
RVN ready to launch for a 50% moveIt's not pumping like the majors yet, but this looks really nice for a bounce in the coming days.
The fact that it hasn't started the move up yet is why I entered.
Bullish divergences, shortening of the thrust, and slowing selling momentum all indicating a bounce is just around the corner.
Targeting 450 for a 50% move.
RVNBTC formed bullish BAT | A good long opportunityPriceline of Ravencoin / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000384 to 0.00000381
Sell between: 0.00000390 to 0.00000400
Regards,
Atif Akbar (moon333)
Ravencoin/Bitcoin Repeating Falling Wedge.Ravencoin has a fairly predictable pattern of creating sharp falling wedge and then breaking out of them violently. There was even another one that is not reflected on this graph as it happened before the coin was added to Binance.
I don't have time for a very long analysis but as a long time miner and holder of RVN it seems from my experience we are due for a recovery. Mining RVN at an average electricity cost of $0.10/kWh nets you a pretty fat operating loss of -$0.11-14/day per GPU (1070-1080Ti) while competing coins like BTG and Beam on Nicehash or even ETH can net you $0.10-$0.25/day in profit after energy. Ravencoin holds a fairly large and fundamentally sound community with a pretty solid development team backing it. I know there are quite a few Ravencoin miners out there who are taking advantage of this low difficulty to scoop up and accumulate coins on the cheap for the eventual rebound. I know because I used to be one of them.
Before Bitcoin recovered in mid 2019 RVN had experienced a surge like many other alt-coins. I mined and held RVN on and off all through the fall and winter of 2018 into Spring of 2019. It went from the 200-300 range after breaking out of it's loOoOoOoOong falling wedge pattern up to peaks in the 1400-1600 satoshi range. I imagine now that bitcoin has reached a much higher level in terms of fiat we will see a similar pattern although at a smaller scale (less satoshis). My targets are split somewhere between the 0.236, 0.5, and 0.618 Fibonacci retracement levels.
RVNBTC: A Quality Alt Ready to Move?Looking closely at the chart of Raven (RVNBTC), we some potentially bullish developments.
RVNBTC has broken out above it's 21-day moving average. It is also holding above the 21-DMA. The 21-DMA is a major moving average because it is usually a sign of the strength of a trend. Right now, RVNBTC is spending more time above its 21-day moving average than it has in quite some time.
We also see that RVNBTC has broken out from, and successfully retested, a large downward sloping wedge. Even though it's a bit counterintuitive, a downward sloping wedge at the bottom of a down move can be bullish. Here's the logic behind it: The downward sloping wedge represents bears continually trying to hold the market down. In this case, the wedge was likely created by non-stop capitulation in the alt market. Then, when the market pops up through the top of the wedge, as RVNBTC has, the market rallies sharply as bears who pressed it lower for a long time get squeezed out by a flood of new longs.
We also like what we see from the Parabolic SaR indicator. This indicator helps you know when a new trend is beginning or ending. It is shown on the graph as small dots. Currently, this indicator is flashing bullish, which increases our confidence.
Bottom Line : If RVNBTC can help in the tokenization of assets, it may have a future. The chart picture seems to have turned positive, making this an altcoin you can enter into a small long position.
RVN looking PRIMED for a PUMP [RVN/BTC]Ravencoin looking ready for a nice move!
Falling wedge and horizontal support level is exactly want to see to snag a buy, also a trendline supporting the idea.
These opportunities can create 50+% chances- it is important to get in and out for the move, as generally the chart is still in an overall downtrend.
To re-cap
-Wedge
-Support level
-Trendline
-Fractal Structure
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[RVNBTC](146%) Ravencoin Trade Signal | Over 300% PProfitsInstead of the chart analysis let's proceed with a trade signal...
Ravencoin is getting ready to move with massive profits potential.
Here are the details...
Enjoy the profits.
________________
Pair: Ravencoin (RVNBTC)
BUY: 0.00000330 - 0.00000360
TARGET:
(1) 0.00000395
(2) 0.00000440
(3) 0.00000470
(4) 0.00000510
(5) 0.00000555
(6) 0.00000580
(7) 0.00000625
(8) 0.00000655
(9) 0.00000745
(10) 0.00000880
PROFITS POTENTIAL: 146%
(Buy calculated at 0.00000357)
STOP: Close weekly below 0.00000280.
________________
This is not financial advice.
Namaste.
RVN/BTC (Raven Coin) Almost Ready to Breakout ..!!RVN/BTC (Raven Coin)
- Forming Falling Wedge in Daily Time frame.
- Major Indicators Are Turning Bullish As Well.
- RSI & MACD Bullish Divergence As Well..
- Expecting Breakout in Next 10-16 Hours..(Need Some Volume to Break the Wedge )
Buy Around 290-305 Sats
Scalp Targets 320-340-360 Sats
Sell Targets 386-449-515-587 Sats
Stop Loss Below 270 Sats
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The information given is never financial advice. Always do your own research.