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Ravencoin

RVN/BTC Raven learning how to flyWe're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario). If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance. Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance. If we break below the last low we'll have to see how the situation unfolds then. Original idea by Svarog
Long
by TradrzHQ
RVN/BTC - 15m - Great Entry For Quick ProfitMainNet release on 31th October - there is still much room to grow according to the bigger time frames. Today, we're focusing on making at least 10% in 24 hours. Information about Ravencoin (RVN): Coinmarketcap: coinmarketcap.com Top Volume Exchange: www.binance.com Social Media Statistics: www.coingecko.com Return Of Investment past 7 days: +186% Return Of Investment past 30 days: +255% Return Of Investment past 60 days: +207% How i trade Ravencoin (RVN): Buy: 0.00000775 Sell: 0.00001090 Stop Loss: 0.00000690 Leave a thumbs up if you like my idea and let me know what think! This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only.
Long
by Anton_XBT
3
RavenCoin massive gains over Bitcoin… time to take profit?Following the Binance announcement made on the 11th of October (twitter.com), that RavenCoin will be added to their listings on the October 12, RVN/BTC uptrend has begun. Price surged from 220 up to the recently established all-time high, reaching 824 satoshi. In 10 days Ravencoin has outperformed the Bitcoin by 333%, which is an amazing growth in a very short period of time. There is no question, that after such rally many investors would start to think about fixing their profits, thus selling RVN. Technically speaking, price has reached the resistance at 427.2% Fibonacci retracement level that is 885 satoshis. At first, under the massive trade volume, RNV/BTC broke above the Fibonacci resistance, although failed to close above. Today price has bounced off the resistance, which might trigger a selloff, not to mention the RSI oscillator downtrend trend line breakout. Although, for a strong correction to start, Ravencoin must break below the 773 satoshis support, only then further decline could be expected. In such scenario, price is likely to test either 660 or 550 sats support level, and potentially go even lower. On the upside, daily break and close above the 885 satoshis resistance might be the confirmation of further uptrend. This could be another 115% growth opportunity, as final upside target is seen at 1127.2% Fibs, that is 1670 satoshis level. Based on the percentage growth, upcoming wave up is expected to be very similar to the previous one, which was 117%. Support: 773 661 549 Resistance: 885 997 1109 1221 1333 1445 1557 1669
by CryptalDash
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.
Long
by Fairdrop