RVN BTC entering in buy zonesRVNBTC pair at Bittrex 1D candles.
RVN is entering in buying zone.
Fib 0.382
but i am placing order at 528 sats.
RSI is over sold but MACD is not favorable. note: DYOR before making any decisions.
Rvn
RAVENCOIN heading for 500Main support and block, coinciding with the 0.618 fibbo of the entire uptrend. Should be a nice spot for a rebound, for a minimum move to 700.
Raven have to dive before it can fly again.Fibo and Elliot do the math together.
Sell @ 700 sat
Buy @ 520 sat
RVNBTC Correction, Ready for Entry PositionHey guys!
Stop-Loss I gave to you before is activated and we are going to see some correction.
Fibo 61 is showing us 560 at this moment. So best entry base on my opinion is 530-560. this is our last support so be careful!
RVNBTC -8.49% has good momentum and big momentum means a huge profit.
- RSI is currently in oversold zone.
- EMA is not okay.
- MACD is negative and red.
Do not buy Now except in the buy zone.
Ravencoin Downtrend to break wedgeThe wedge growing over the past month needs to be broken to allow RVN to move upward again to previous resistance. Heavy distribution needs to be exhausted on a local level before accumulation can allow the bulls to take over.
Raven coins nice move up and where its at now...Raven coin is had a nice run up but retracing back down trying to find support. Currently holding pretty well on the 4 hour. Being that the coin is still fairly new time will tell and we can get a clearer picture from a daily candle perspective!
Bitcoin number xxx. RVN / BTC analyticsBUY:
SELL:
STOP-LOSS:
Support:
Resistance:
RVN is another fork of open-source Bitcoin code, which has a shorter block formation time. The goal of the project is to struggle with the presence of external control and to increase the parameters of privacy and transparency of actions within the network. The crypto asset is very young, the first generation of blocks took place only in 2017, and the first listing on the stock exchange was in early 2018.
If we talk about the prospects of this coin trading, then opens deals to the asset at the moment is very dangerous. This is due to the fact that the trading volume appeared only after listing on Binance, which took place on October 12. After that, the price increased by 320%, volume by 1500%, but in less than a month, the turnover returned to the original values. This suggests there have been manipulations, and the price will fast return to the support line at the level of 0.00000356. At this stage, the asset is trying to hold above the level of 0.00000600, but the price will go down due to low buyers activity. Opening long positions above the zone 0.00000356 - 0.00000405 does not make sense.
The asset is no interest either in terms of intraday trading and long-term investments. The project cannot boast of a developed idea and clear plans.
We do not plan to follow this asset in the future and give updates on it.
Complex Head and Shoulders Completed.It appears that the head and shoulders formation has finally completed. Previous research indicates that upon completion of a head and shoulders top pattern the price tends to bounce and attempt to return to the break out point. However, it should be noted that the completion of a head and shoulders pattern marks the beginning of a major trend reversal. Although there is alot of hype around $RVN and I certainly am a big fan, the completion of this pattern indicates that further declines may be coming in the near future. Of course nothing is guaranteed. Keep a close eye on this if you are involved in this trade and make sure to set stop losses if you are trying to catch this upcoming bounce. Nothing is guaranteed. Always remember that, but the odds are in our favor that this will bounce a little here and then continue downwards in the new downtrend that has essentially just been confirmed.
RVN, Big profit base on 1 ConditionHey, guys hope our PHXBTC signal make you reach :)
Now I found another signal. RVNBTC has finished correction so it has attracted buyers.
- RSI show us it is an uptrend
- MACD is positive and the histogram is green.
The possibility of jumping to 850 is high and worth to risk. Buy based on 1 condition uptrend moving from the triangle.
See you on the other side :)
RVNBTC - Bat pattern or baseball bat on my head?RVN performed Bat pattern, maybe it is not too late and it will visit 636 again ... Let's see if it will happen and set up a trade like charted.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
$RVN Clear Head & Shoulders on 1hr. WATCH OUTClear Head and shoulders visible on the 1hr chart. This is indicative of a reversal of the previous trend. In this case that would mean a drop back down to the 570 level. Be very careful here. Look for a break below the neckline. It can hover beneath it temporarily and still continue up wards negating the pattern but the diminishing volume only reinforces the strength of this pattern. For those of you learning technical analysis, in order to measure the target of a Head and Shoulders you must measure the height of the move up and subtract that from the Breakout (or rather breakdown) Price. In this case: 740-170 = 570. Good luck and watch this carefully. Frequently after the lower target price is reached and the pattern completes the price rebounds shortly thereafter to either the breakout price or even above it which gives traders who are able to get out before the price breaks down (if it breaks down...it seems likely to) a nice play to gain more $RVN at the bottom and then ride it up for a compounded gain.
LONG RVN/BTC Bullish action round 2That first idea yesterday has gone well, it was smart to take some profits at that resistance block which it hit perfectly.
Now that we've retraced a bit and are finding new support, we should make a new attempt at that resistance, maybe wick even higher, and if we keep pounding it we'll eventually break it!
Original idea by Svarog
RVN/BTC Bullish action round 2That first idea yesterday has gone well, it was smart to take some profits at that resistance block which it hit perfectly.
Now that we've retraced a bit and are finding new support, we should make a new attempt at that resistance, maybe wick even higher, and if we keep pounding it we'll eventually break it!
RVN/BTC - Long• Broke out of recent short term downtrend, using previous resistance/trendline as new support
• Broke through 50 MA which it's been following closely headed upwards for the first time since last bullish move
• Volume trending up steadily, similar to before previous run-up
• Forming a bullish flag on larger time frames
• Strong tech/fundamentals: Mainnet is launched and users are developers are saying very positive things on twitter/telegram
Summary:
• Aside from technicals, this coin is a good hold because Binance CEO and Overstock are large investors and will NOT let this project ride to zero. They will keep it up and more than likely try to push it higher. If not, and if it's actually not being manipulated, it's an even better hold because that means it is truly decentralized and this project is being valued at true, free market price. Either way, I'm a fan of the tech behind this coin and the chart looks great. All around very bullish.
RVN only starting to growI didn't take part in any of those magnificent 320% growth RVN showed lately. Just couldn't believe it will keep on growing. Now that it finished its retracement I'm ready to jump in. I already had my order set for 703, but that night it fell only till 707... only 4 satoshi and my f**king greed seperated me from 10% profit I would have by the time I woke up. Ok, there are still plenty of profits waiting ahead. Check out day chart below.
When you see an open range use fibonacci to estimate how far the price will go before the next stop. In this case I see pretty good possibility to see another 100% profit. Maybe even more. Surely it is not guaranteed yet, as the price has to lift above 800-830 resistance zone. It will be like exit of Earth gravitation and entering space with no gravitation at all. Once the price exit this resistance channel we will see it fly to the moon.
Right now I have buy orders around 766 zone which should be a bounce area. And my target is 1500 (= ~100% profit). Not less.
Remember - this forecast is valid only for the option when price gets over 800-830 zone. Otherwise RVN will bounce back to 700-730 zone.
Good luck with your trades. Push like if you like my work. It will help me a lot,
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.
RavenCoin (RVNBTC) Does 328% (Gold Old Days) in 12 Days!The gold old days are here... RavenCoin (RVNBTC) has increased by 328% in price in only 12 days.
I had this coin in my list for the longest time ever, received some good information about it and wanted to share with you but didn't get to do it, here is the info I received from a friend:
Greetings Alan:
You know it was right when I sent you the note a few days ago on Ravencoin (RVN) well the coin is up 30% today and volume is up 7 x and counting.
Today is was announced that RVN it is to be listed on Binance.
Furthermore, the coin will release its 'Asset Layer' on the 31st Oct. Super smart timing by Binance to list now.
In summary:
- Anyone can make a asset token with 500 RVN in the wallet. This is massive. Plus the token can receive dividends, messaging and voting rights from the issuer. AND it follows the BTC standard. Fair distribution, NO ICO and completed decentralized network and code. Its up there with BTC LTC & XMR in quality.
- Top notch coin.I hope you will find time to bring some alanmasters magic to this coin by doing some T/A and letting more people see what IMHO is something that has the ability to be a long term HODL and enjoy solid gains.
- May the universe reward you much more than you ever dreamed.
Namaste.
If you enjoyed this post, please like, share, comment and follow.
Your support is appreciated.
Namaste.
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
