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Ravencoin

Raven Gearing up for Another 250% move?Time will only tell, but as you can see, we have a repeating fractal pattern very similar to the previous pumps, and alignment with the Bitcoin price that could easily see us with a 250% move. The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down resitance lines forming right at our current position, breaking above the first is a great sign! Now for any of you that follows us and are in the private bear den, you already know the importance of charting BTC and our other assets at the same time. If you are charting in USD- You fail If you are not looking at BTC current positions vs your trade strategy, you also fail. HAWK EYE!
Long
by Arcane-bear
2
Get ready to rumble Raven!Raven $RVN getting setup in a descending wedge. Historically these have been explosive for this coin. The last large growth also happened in the midst of the bear season of 2019. At this moment bitcoin just broke below 10k after a parabolic rise. Hopefully we get to lose some of that steam, and move sideways for alts like Raven to get the oxygen they need. - I will also be looking for confluence with indicators. Last time we had bullish RSI divergence and growing volume. Would love to see the same this time around too. $Rvn is a coin I love fundamentally, can't wait to see what happens when we have the halving, in a few years.
Long
by Ameero
RVN Setup (RVNBTC)Setup today for RavenCoin (RVN), stops tight as we are still in BTC bull mode but we might have a short break for alts to recover. We bounced off of support at 339 and are currently testing our first valley at 361 sats. Looking for a successful close above here for entry, followed by a successful break of the downtrend. Entry: Close above 361 sats Stop: Below support @ 339 Targets: 374 401 435 Donations/tips welcome if my charts help you out: BTC: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
Long
by TraderoftheCorn
RVNBTC hits the support of channel | Upto 285% profit potentialThe priceline of RavenCoin cryptocurrency is moving within an up channel and making higher highs and higher lows. Now the price action has touched the support of channel again after Feb 2019. Every time when simple moving average 7 crosses down the price action then price action gets strong bullish and makes new high and this time the MA 7 is again touching the priceline to cross down the candle sticks again. In the meanwhile the MACD has turned weak bearish from strong bearish and soon it will be turned bullish. The stochastic is in oversold and has given bull cross. Even though the priceline is epected to make a new high but I have defined sell targets using Fibonacci method and these sell targets are as below: Sell between: 0.00000807 to 0.00001302 Regards, Atif Akbar (moon333)
Long
by moon333
5
Ravencoin Pioneers Moon Travel (Bullish Chart Analysis)Ravencoin (RVNBTC) had a massive bull run earlier this year, which we caught in full. This one generated over 500% profits... It is true, go here and hit play: Now, the charts are starting to look bullish again and we believe Ravencoin can produce similar gains: We can see RVNBTC breaking out of a falling wedge, this can translate into massive profits soon. Trading volume hits new lows, with green/bull volume increasing. We have a bullish RSI. MACD is still bearish but leaning towards the bulls. With our classic signals now in place, we can prepare for what is to come ahead. You can find our main targets marked with yellow lines on the chart. Make sure to leave a comment if you have any questions, it will be my pleasure to answer. Thanks a lot for the support. This is Alan Masters. Namaste.
Long
by AlanSantana
22
Ravencoin Price Analysis RVN / USD: RechargingRavencoin / USD Short-term price analysis Ravencoin has a bearish short-term bias, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a valid inverted head and shoulders pattern has formed, with the RVN / USD pair now dangerously close to invalidating the bullish pattern. Technical indicators on the four-hour are bullish and continue to issue a buy signal. RVN / USD H4 Chart by TradingView Pattern Watch Traders should note that the RVN / USD pair may be carving out a right-hand shoulder to complete the bullish pattern on the four-hour time frame. Relative Strength Index The RSI indicator is also bullish on the four-hour time frame and shows scope for further upside. MACD Indicator The MACD indicator is bullish on the four-hour time frame and continues to issue a buy signal. Ravencoin / USD Medium-term price analysis Ravencoin has a bullish medium-term outlook, with the RVN / USD pair still holding above its trend defining 200-day moving average. The daily time frame continues to show multiple inverted head and shoulders patterns, with the larger pattern holding a huge upside projection. Technical indicators on the daily time frame are mixed and currently failing to generate a clear trading signal. Pattern Watch Traders continue to monitor the neckline of the larger inverted head and shoulders pattern for a major medium-term technical breakout. Relative Strength Index The RSI indicator is trading below neutral and remains technically bearish on the daily time frame. MACD Indicator The MACD indicator is bearish on the daily time frame and continues to issue a sell signal. Conclusion Ravencoin is still under pressure in the short-term, with bulls needing to stabilize the cryptocurrency above its 200-period moving average on the four-hour time frame. The daily time frame continues to highlight the presence of multiple bullish patterns, with the RVN / USD pair showing great medium-term upside potential.
BITTREX:RVNUSD
by CryptoBriefingTA