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RavenCoin/Bitcoin (RVNBTC) Hello Everyone, RVN Coin kafi time se downtrend me tha 28th march 2019 ko 1724 sat ka high lagaya tha uske baad se continute downtrend me tha, Finally 12 july 2019 ko 339 sat ka low lagaya hai 1h 4h time frame me aap dekhe to falling wedge pattern ka breakout hua hai, 560-575 resistance zone hai agar ise break karta hai to maximum target abhi 716 sat hai, Agar aap entry lete hai to SL jaroor lagaiye. Our previous success analysis: Legal disclaimer: I am not a financial advisor, You trade at your own risk and nobody can guarantee you results. Global Rashid The Guide To The Right Path
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by globalrashid
4
Ravencoin Price Analysis RVN / USD: Spreading The WingsRavencoin / 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. 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. RVN / USD Daily Chart by TradingView 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:RVNUSDLong
by CryptoBriefingTA
RVN (Raven Coin) Once Again Getting Ready For Moon Ride..!!$RVN #RVN (Update) Making Falling Wedge pattern In Daily Timeframe.. Volume Is Increasing.. All Indicators Are Turning Bullish.. 100-150% Profit Expected in Midterm. Buy Some Around 480-520 Sats Sell Targets 658-855-995-1193 Sats Stop Loss Below 440 Sats What Is Raven Coin...??? It's a new open-source project intended to see if a use case specific blockchain designed to be focused on the transfer of assets can develop technology which provides security or functional advantages for certain projects. Specifically working on things like RSK, which will allow Solidity to work on this chain, will be huge for Ravencoin in the future. RVN was launched January 3rd, 2018 with very little info regarding the future of the project. Since then, several community members have learned that there is an active development team on this coin, and the super clean wallet client and lightning fast network are only the beginning. The RVN team is launching their coin in the spirit of Bitcoin, code first. We hope to keep you updated in this thread as to work being done on RVN, as that information becomes available to us. But you don't need to wait for us or take our word for it. Thanks For Your Time.. Hit Like On Idea For Support..
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by Faibik
3
RavenCoin Price Analysis RVN / USD: Phoenix RisingFundamental Analysis RavenCoin has surged after the project has announced listing on the Crypto.com. Users will be able to purchase RVN using bank transfers and credit cards, which should increase the adoption and liquidity of the coin. RavenCoin / USD Short-term price analysis RavenCoin has a bullish short-term outlook, with the cryptocurrency still trading above major technical support on the four-hour time frame. The four-hour time frame shows that a complex inverted head and shoulders pattern has formed, with the RVN / USD pair attempting to move back towards neckline resistance. Technical indicators on the four-hour time frame have turned bullish and continue to issue a buy signal. Pattern Watch Traders should note that the RVN / USD pair will move to a new all-time price high if the bullish pattern is fully ignited on the four-hour time frame. Relative Strength Index The RSI indicator is still 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 generate a buy signal. RavenCoin / USD Medium-term price analysis RavenCoin has a bullish medium-term outlook, with the RVN / USD pair testing major technical resistance on the daily time frame. The daily time frame is showing that multiple bullish inverted head and shoulders patterns have formed, with RVN / USD bulls once again attempting to move price above breakout resistance. Technical indicators on the daily frame are mixed and are failing to generate a clear trading signal. RVN / USD Daily Chart by TradingView Pattern Watch Traders should note that RaveCoin could nearly double in value if bulls can fully ignite the large bullish pattern on the daily time frame. Relative Strength Index The RSI indicator is trading close to neutral levels and is currently flatlined on the daily time frame. MACD Indicator The MACD indicator is conflicted on the daily time frame and is failing to generate a clear trading signal. Conclusion RavenCoin shows tremendous short and medium-term upside potential, with the bullish patterns on both time frames underscoring that the cryptocurrency could eventually rally way beyond its current all-time record price high.
BITTREX:RVNUSDLong
by CryptoBriefingTA