Rvn
RVNBTC 1D BINANCE up to 25FEB19 Trading Analysis (TA)RVNBTC Ravencoin / Bitcoin 1D BINANCE up to 25FEB19 Trading Analysis (TA)
1D Chart, Ravencoin (RVN) has been diving below the 100/200 MA signals, MACD Histogram and 50 RSI line since one month after its launch in October 2018, on January 22 2019 tested the 100 MA signal and the 60RSI Line but could not make it that time, bouncing down to the 30RSI line, where found support and made two kicks toward the 50RSI line, today the RSI line is slightletily twisting north in a rising price suggestion, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'". At this time the Market Cap is increasing up reaching the 137b. Good Luck!
1D Chart, Ravencoin (RVN) ha estado sumergiéndose por debajo de las señales 100/200 MA, el histograma MACD y la línea 50 RSI desde un mes después de su lanzamiento en octubre de 2018, el 22 de enero de 2019 probó la señal 100 MA y la línea 60RSI pero no pudo logre ese momento, rebotando hasta la línea 30RSI, donde encontró apoyo e hizo dos patadas hacia la línea 50RSI, hoy la línea RSI está girando ligeramente hacia el norte en una sugerencia de precios al alza, que es el enfoque optimista, pero recuerde "En este negocio, si es bueno, tiene razón seis veces sobre diez. Nunca tendrá razón nueve veces sobre diez. He descubierto que cuando el mercado baja y compro fondos sabiamente, en algún momento en el futuro se siente la felicidad. Pero para llegar a ese momento nunca leerá una señal que diga: "Ahora es el momento de comprar". En este momento el Market Cap esta aumentando su volumen llegando a los 137b. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
[RVNBTC](246% PP) Ravencoin Full LONG TradeRavencoin (RVN) Overview
Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another.
Ravencoin (RVNBTC) Chart Analysis
I've been looking at Ravencoin (RVNBTC) at the request of one of our supporters, waiting for some reversal signals. These signals that I was waiting for are now starting taking place.
Let's start by looking at Ravencoin super short-term, this is the 4H Time Frame:
Here you can see a strong downtrend, which I marked with a descending channel, followed by a big green candle.
Ravencoin (RVNBTC) has broken above EMA10 with strength and volume. Seeing that this has happened in the past and the price continued to retrace, one can ask: Why is this time different?
All the breakouts above EMA10/50 before late January were not supported by big volume.
January's breakout had massive volume, which was followed by a very strong crash. This is where all the weak hands and more are removed, in preparation for a strong move.
But the biggest signal of all is the bullish divergence marked on the MACD. (Considering the big increase in trading volume).
But this is short term, let's look at it long term and see if these signals still hold.
Daily chart:
Here we can see that RVNBTC is bouncing from its all time low, which was hit in October 2018. As soon as this price level was hit, we saw the early signals (above) for a change of trend.
You can spot strong bullish divergence as well. The MACD moves up while RVNBTC price goes down, this is marked with red lines on the chart.
RVNBTC removed as much as 73% of its value already, not much left to sell.
The last candle is a Doji, which is a reversal candlestick. I'll show you a close up. Chart:
Volume is starting to increase but still not enough. These are early signals.
Many altcoins are starting to move up. This is an important factor to take into consideration. The entire altcoins market is starting to move, so either there will be a strong change of trend or a corrective wave up, whichever it is, will be profit from.
Long term (weekly):
Here you can see that the momentum on the drop is leaving. You can see how the candles are starting to form a cup, and possible bottom.
When you look at the signals mentioned above and take into consideration market cycles, you can see change building up.
I believe that Ravencoin will soon move... For this reason, we should trade this coin.
So let's get started.
Ravencoin (RVNBTC) Trade Instructions by Alan Masters
Buy in: 0.00000280 - 0.00000320
Next support: 0.00000255
(If RVNBTC goes below buy in before changing trend, "Next support" is where it will find support next).
Targets:
(1) 0.00000360
(2) 0.00000420
(3) 0.00000500
(4) 0.00000570
(5) 0.00000640
(6) 0.00000750
(7) 0.00000930
(8) 0.00001040
Stop loss: Close weekly candle below 0.00000220.
(If RVNBTC goes down strong, this is where we stop this trade and close it at a loss).
(If RVNBTC starts to move up and hit our targets, the stop loss becomes irrelevant).
Note: As a basic rule, we raise stop loss above buy in level after we hit our first target. (This is optional of course if you are a long term holder/trader).
Capital allocation: <10%.
MOVE ON
Life has blessed me with new beliefs systems and ideas that I never considered before.
These come with lots of blessings, now I can laugh and be happy regardless of other peoples thoughts.
And as I grow and enjoy my life more every day, certain doubts creep up, old fears, they want me to go back to my old ways.
They show up in the form worries, arguments and even old friends that want to claim a part of my Soul.
But they no longer have any power over me, so I reply with just a few simple words...
"I AM LIFE. I AM HAPPY. I AM GROWING... I AM MOVING ON"
Namaste.
$OSTK center of uptrend pitchfork above 50 day EMA $24.8 next While OSTK is highly volatile it appears to have found support here above the 50day EMA and to be maintaining the uptrend. $18 will likely hold before the next leg up to $24.80.
Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their respective markets of tokenized securities, land titles and voting. Short interest is maxed out.
The possibility of an announcement this month or next having to do with the sale of the retail operation makes OSTK even more interesting and the market is taking notice.
RVNBTC BITTREX 12H up to 07FEB19 Trading Analysis (TA)RVNBTC RavenCoin / Bitcoin BITTREX 12H up to 07FEB19 Trading Analysis (TA)
12H Chart, RavenCoin (RVN) by January 21 (1), was able to break over both the 100/200 days MA signals, along with an ascending movement from 40 RSI to lightely touch the 70 RSI (2) and bounced back until below 30 RSI (3), now the RSI crossed over 40 RSI, the MACD signals are about to pierce below the Histogram heading up (4), which may indicate a price movement toward the 100/200 - MA (5), which is the optimistic approach, but remember "Trees don't grow until the sky" it can find resistance and make a correction anytime. At this time the Market Cap is around 110b. Good Luck!
12H Chart, RavenCoin (RVN) hasta el 21 de enero (1), pudo atravesar positivamente las señales MA de 100/200 días, junto con un movimiento ascendente desde 40 RSI para tocar ligeramente el RSI 70 (2) y retrocedió hasta abajo 30 RSI (3), ahora la señal RSI cruzó los 40 RSI, las señales MACD están a punto de cruzarse debajo del Histograma hacia arriba (4), lo que puede indicar un movimiento de precios hacia el 100/200 - MA (5), que es el enfoque optimista, pero recuerde que "los árboles no crecen hasta el cielo" pueden encontrar resistencia y hacer una corrección en cualquier momento. En este momento el Market Cap está alrededor de 110b. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
RVN/BTC FALLING WEDGE?Good morning! RVN has been a coin i have been keeping my eye on for a while. Price action is very much slow and little volatility going for it, maybe because we are at the end of the falling wedge that has been forming?
To be a valid, both the resistance and the support line need to have a “steep” down slope. The price should be narrowing into a tight range.
The pattern ends often with a strong breakout. Be aware though that the support and resistance won’t always meet before the breakout takes place.
The continuation falling wedge is similar in shape to the pennant. Unlike a pennant, the wedge doesn’t need to exist on a flagpole. By convention shorter duration wedge patterns are usually classed pennants rather than wedges. The “falling” pennant and the falling wedge are traded the same – as buy signals.
If the falling wedge scenario does play out to the upside, i have set 3 targets for myself and to anyone interested in this coin. Price volatility for this coin could come soon, or, it will slowly rise in price as BTC moves sideways. I could be wrong, but i have a bullish feel about this project.
Stochastic RSI on the daily is showing that it has room to push upwards, that is if, BTC doesn't ruin the party. Set stop losses at the risk you're willing to take.
Have a good Thursday and a good day! Trade safe!
Target 1: 544 - 570
Target 2: 625 - 651
Target 3: 793 - 813
RVN - 65%+ Potential Profits! [FREE TRADING SIGNAL]Pair: RVN/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Technical Analysis
- Broke Downtrend
- Strong Volume
- Broke Resistance
Our Entry Zone
0.00000350 - 0.00000410
Our Targets
1: 0.00000540
2: 0.00000640
Our Stop Loss: 0.00000300
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Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
RVN/BTC: Chart updateAdded some RVN yesterday at 343 sats, as that has been a good place to get some bids filled as of recently.
Looks like support around the 350 area is potentially getting weak, but I am hopeful we may see a bounce here soon. I am long on RVN as it is a project that I like fundamentally, and I am hoping to make a mid-term flip here.
Weary of Bitcoin's recent weakness it has been showing in the market, if Bitcoin broke down further it would likely drag alts down accordingly with it, so I am weary of that for altcoin trades as of right now.
Looking to lower support areas I would find one around 300-310 sats, but RVN has not reached those levels since October of 18'
There has been some small talk on twitter about RVN, as there is a relatively strong community behind the project. I like the price points here, a fine place to average some in, but by no means a place to go all in.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
Disclaimer: I am not a financial advisor, and this should not be considered in any way finance advice. Never invest more than you can afford to lose. I am just a Dragon.
RVN/BTC - HIDDEN BEARISH DIVERGENCEAs much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC .
IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO.
I do not want to do over analysis on this and tried to keep it simple and on point.
I also see this small uptrend as an "B" Wave of the correction wave. Previously completed ABC correction wave to me is sub wave of A wave.
Will update this at next important turning point. For now, its a bull trap for me.