RVNBTC
New horizon for $RVN after strong accumulation explainsI will here just a few points
- Big volume in
- Marketmaker of $RVN very similar that $MATIC one
- Back from the double bottom
- Durable accumulation
- An impulse that has a big volume
I pretty sure that $RVN will get new horizon in middle-term perspective
RavencoinI will see it in the short term.
-RVNBTC-
Attempting to break through the 0.00000342, uptrend line and 20MA.
If you succeed, you will be in a position to look forward to.
-RVNUSD-
If we receive support at 5MA or 0.02492303, we expect to break above 0.02754811.
Several attempts to break through failed but could potentially touch 0.02369882.
$RVN, Looking at a potential W bottom pattern at ~295 sats...$RVN
Looking at a potential W bottom pattern at ~295 sats support level with UCTS Buy signal on the 12H chart..
OBV showing a bullish divergence
RSI rising from oversold values
If it gets traction from here, aiming for ~330 sats as 1st target (10%)
#RVN
Ravencoin big volume spike, accumulation coming to an end Ravencoin is a good fundamental project also it is quiet decentralized(very less left as of now) there are individual miners which are mining RVN, and when miners especially individual ones are joined into mining a coin you have the idea that it's not going to fail or is a Scam. Even Raven had no funds raised or premined and is a working protocol.
Looking at the chart we see a big volume spike today nearly half a billion are bought, also it is in a consolidation since last 4 months(like most altcoins as general) and few of ones which haven't spiked yet. If we look closely there is also a W kind of bottom forming and the support is like its always there for this coin at the bottom level. If we look at the previous bull runs of this coin it has a tendency to go exponentially in days (look left on the chart)
You can buy it as per your investment and trading style as the big volume can be an indication for the beginning of next wave up in this market, if you are a midterm trader you can easily ride the complete wave, targets are on the chart sl can be used as per your risk management scenario.
Also the price is high atm cz of bullish move you can wait for it to go down a bit and then buy. Don't forget to use SL as per your style.
Happy Trading.
RVN/BTC (35% swing up target)RVN/BTC
Ravencoin is playing inside this triangle pattern since July. If the price can close above 50MA and 100 Day MA,
we can see upside action in the coming few days, the target is a downward trend-line of resistance or 200 Day MA.
Entry Targets:
0.00000320 - 0.00000340
Take-Profit Targets:
1) 0.00000360 - 12.5%
2) 0.00000370 - 12.5%
3) 0.00000390 - 12.5%
4) 0.00000410 - 12.5%
5) 0.00000420 - 12.5%
6) 0.00000430 - 12.5%
7) 0.00000450 - 12.5%
8) 0.00000470 - 12.5%
Stop Targets:
1) 0.00000285 - 100.0%
RavencoinRVNBTC chart was added.
It's the RVN I was looking for next year's revenue.
The RVNBTC chart is in the long-term investment area, while the RVNUSD chart is in the mid- and long-term investment area.
We recommend that you wait for a while before ascending to the 0.00000342 point.
In addition, we should check whether we can support the upward trend line.
With support of 0.02077220, it is in the mid to long term investment horizon.
As long as it suits your investment preferences, you can buy a little with the support of 0.02369882.
However, be cautious as the investment may take a long time.
If you have support at 0.02754811, we recommend buying near 0.02754811 and selling when you touch the upward trend line.
In addition, if you sell only a part of the quantity and touch the 0.03850564 point, you can also sell.
Ravencoin
Below 0.00000342 is a long long-term region.
I should check if I can climb to the 0.00000342 point and the upward trend line.
Then I'll see the price move.
Between 0.02077220 and 0.02754811 is a medium to long term investment area.
We should check the price movement after rising above 0.02754811 point.
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RVN is the coin you were looking for next year's profits.
If you want to make a profit on the upcoming bull market with this coin, I recommend buying slowly when it rises above the 0.02369882 point, and starts selling if it rises above the upward trend line.
However, the price may not rise due to mid / long-term investments, so be careful about buying.
$RVN ~ RavenCoin$RVN appears to be pushing out of it's trading range. It's been here for a while with heavy accumulation.
As most alts are, are breaking out and even flipping S/R once broken out. $RVN is yet to move. $RVN moves hard and fast when it finally does.
I think it's ready and I'm in.
Let's grab a bag here at 306-312.
Targets:
343 > 350 > 366 > 382 > 389 > 418 > 422
Use due diligence.