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RVNBTC

RVN break ascending triangle ?RVN break up dowtrend channel at 320 sats. RVN forms ascending traingle and breaking up. RVN price closed above EMA 21,50,100,200 strong uptrend. Next resistance at 460 sats. RVN current broke horizontal resistance at 400 sats. RVN was farmed support at 360 sats. Current trading range between 400 and 480 sats. RVN testing 1.618 fibs level at 462 sats. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Which is very Bullish sign. Pattern: 1 Break up downtrend channel 2 break up ascending triangle. S/R: Support at 360 sats, Resistance 462. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Long
by blockchaintrends
Ravencoin (RVN): Go With ItRavencoin (RVN) may be in the process of making a genuine breakout to the upside. Ravencoin (RVN) is breaking above a speed resistance line at 420. The next upside target could be 636. That is the location of another Fib speed resistance lines. One of the reasons that we think Ravencoin (RVN) could go on a bullish rampage is that the "previous 4th" wave is up at 935. After a significant downtrend, Elliot Wave practitioners believe a market can rally back to the point where the big crash began. In Elliot jargon, this is called a rally to the "previous 4th." So, while wave counting is a highly subjective business, we believe the previous 4th is up at 935. Ravencoin also makes sense fundamentally. Ravencoin (RVN) can help tokenize assets like real estate. To us, it's a matter of time before sophisticated institutional investors, and even banks, want to start trading tokenized versions of legacy assets. Bottom Line: If there is ever a time to close your eyes and go with a rally in altcoins, Ravencoin (RVN) may be that opportunity.
Long
by tokenmetrics
RVNBTC formed bullish BAT | A good long opportunityPriceline of Ravencoin / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.00000384 to 0.00000381 Sell between: 0.00000390 to 0.00000400 Regards, Atif Akbar (moon333)
Long
by moon333
RVNBTC: A Quality Alt Ready to Move?Looking closely at the chart of Raven (RVNBTC), we some potentially bullish developments. RVNBTC has broken out above it's 21-day moving average. It is also holding above the 21-DMA. The 21-DMA is a major moving average because it is usually a sign of the strength of a trend. Right now, RVNBTC is spending more time above its 21-day moving average than it has in quite some time. We also see that RVNBTC has broken out from, and successfully retested, a large downward sloping wedge. Even though it's a bit counterintuitive, a downward sloping wedge at the bottom of a down move can be bullish. Here's the logic behind it: The downward sloping wedge represents bears continually trying to hold the market down. In this case, the wedge was likely created by non-stop capitulation in the alt market. Then, when the market pops up through the top of the wedge, as RVNBTC has, the market rallies sharply as bears who pressed it lower for a long time get squeezed out by a flood of new longs. We also like what we see from the Parabolic SaR indicator. This indicator helps you know when a new trend is beginning or ending. It is shown on the graph as small dots. Currently, this indicator is flashing bullish, which increases our confidence. Bottom Line : If RVNBTC can help in the tokenization of assets, it may have a future. The chart picture seems to have turned positive, making this an altcoin you can enter into a small long position.
Long
by tokenmetrics
RVN looking PRIMED for a PUMP [RVN/BTC]Ravencoin looking ready for a nice move! Falling wedge and horizontal support level is exactly want to see to snag a buy, also a trendline supporting the idea. These opportunities can create 50+% chances- it is important to get in and out for the move, as generally the chart is still in an overall downtrend. To re-cap -Wedge -Support level -Trendline -Fractal Structure If you want to see join our discord for more trade ideas and free scripts... check our signature below!!
Long
by QuantCat
RVNBTC: Raven is an alt that will assist in tokenizing assets. Based on this value proposition, RVNBTC is worth a look. If RVNBTC can hold support on its 21-day moving average near 316, Rvnbtc might be something you try for a long trade. However, if RVNBTC fails and falls below the 21-day, it will be a repeat of two other instances of the bear market (arrows). In those cases, a false breakout above the 21-day moving average created a sharp drop lower. Bottom Line: To get bullish, we need to see RVNBTC bounce off the 21-day moving average. From a chart perspective, this alt is worth keeping an eye on.
by tokenmetrics
[RVNBTC](146%) Ravencoin Trade Signal | Over 300% PProfitsInstead of the chart analysis let's proceed with a trade signal... Ravencoin is getting ready to move with massive profits potential. Here are the details... Enjoy the profits. ________________ Pair: Ravencoin (RVNBTC) BUY: 0.00000330 - 0.00000360 TARGET: (1) 0.00000395 (2) 0.00000440 (3) 0.00000470 (4) 0.00000510 (5) 0.00000555 (6) 0.00000580 (7) 0.00000625 (8) 0.00000655 (9) 0.00000745 (10) 0.00000880 PROFITS POTENTIAL: 146% (Buy calculated at 0.00000357) STOP: Close weekly below 0.00000280. ________________ This is not financial advice. Namaste.
Long
by AlanSantana
25