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RVNBTC

RVN. Cycle. Coin for the pumps. Global goals.RVN Falling Wedge. First target + 30% Figure potential + 100% The purchase area is 270-300 satosh. Stop Loss Below - 270 Satoshi. The targets for the downward wedge are 390,450,500,550,600 satosh. If we take into account the cyclical nature and madness of the crowd, then the global goals for the coin are from 800 to 1600 satoshi. And it could be like it's a cheap coin to pump. But as for me, it is better not to wait for inadequate goals which may or may not be. GREED CAUSES POVERTY. Work better with the objectives of the downward wedge. More details in this trading idea. It is worth noting that at the moment, for example, on the binance exchange, the price is clamped by orders. The book of orders for the sale is too heavy, for the purchase on the contrary, after the walls with which the price is kept empty. This is especially done when you need to lower the price or gain a position at low prices. The visual effect for those who are not only looking at the chart. I think that during the growth of sell orders disappear. On the contrary, a purchase book will intensify for a purchase. See the order book on the binance exchange. Watching on other exchanges makes no sense. There is a completely deceitful trading volume made by bots. In addition to bots on binance, there is at least some% of live exchange users.
Long
by SpartaBTC
RVN/BTC (Raven Coin) Almost Ready to Breakout ..!!RVN/BTC (Raven Coin) - Forming Falling Wedge in Daily Time frame. - Major Indicators Are Turning Bullish As Well. - RSI & MACD Bullish Divergence As Well.. - Expecting Breakout in Next 10-16 Hours..(Need Some Volume to Break the Wedge ) Buy Around 290-305 Sats Scalp Targets 320-340-360 Sats Sell Targets 386-449-515-587 Sats Stop Loss Below 270 Sats Please, give us your opinion in the comments! If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates. Join Telegram Channel for more analysis - t.me The information given is never financial advice. Always do your own research.
Long
by Faibik
2
Raven Gearing up for Another 250% move?Time will only tell, but as you can see, we have a repeating fractal pattern very similar to the previous pumps, and alignment with the Bitcoin price that could easily see us with a 250% move. The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down resitance lines forming right at our current position, breaking above the first is a great sign! Now for any of you that follows us and are in the private bear den, you already know the importance of charting BTC and our other assets at the same time. If you are charting in USD- You fail If you are not looking at BTC current positions vs your trade strategy, you also fail. HAWK EYE!
Long
by Arcane-bear
2
Get ready to rumble Raven!Raven $RVN getting setup in a descending wedge. Historically these have been explosive for this coin. The last large growth also happened in the midst of the bear season of 2019. At this moment bitcoin just broke below 10k after a parabolic rise. Hopefully we get to lose some of that steam, and move sideways for alts like Raven to get the oxygen they need. - I will also be looking for confluence with indicators. Last time we had bullish RSI divergence and growing volume. Would love to see the same this time around too. $Rvn is a coin I love fundamentally, can't wait to see what happens when we have the halving, in a few years.
Long
by Ameero
Ravencoin LONG [726% PP]Here we have a long opportunity for Ravencoin assuming 310 sat level was bottom. We may see a retest of the 310-320 sat zone, however as of right now the 1D chart is creating higher lows and MACD is looking bullish . This could potentially be the final wave of RVN before another serious correction, which I am assuming will happen as BTC starts to approach $20,000+. Be cautious if you see it break the ascending support trend line . Previous waves took about a month each, however it could take longer/shorter to complete the wave depending on market conditions. The upper trend line wants to intersect with the 1.618 extension at the 4-5 bar mark, so 28-35 days. Again, this is if the bottom has been priced in. Cases for: ->Volume has dropped off significantly, lowest it has been since early 2019 before we created a new ATH , which means there is a low probability of creating a significant new low. ->Bounce off support trend line that was the catalyst for previous two up waves, indicating bottom may have been found. ->Bullish divergence on MACD , both 1W and 1D. ->Waves 1,3 have taken price to 1.618-2 Fib extension from new bottom. ->Wave 2 lasted 112 days. Wave 4 has been going for over 130 days. ->It appears that no major bag holders looking to exit RVN for BTC are left. ->No dev/founder kickbacks to destroy price over time like most tokens/coins are set up to do with distribution, regardless of market conditions. -> Good chance of listing on Binance US, which could be catalyst for this final major wave. Cases against: ->Bitcoin has been rallying and could retest ATH at any moment, which could ruin the potential RVN rally as institutional investors have been more centered around accumulating BTC . ->No significant case for alt season yet, and no volume confirming bottom for RVN. ->RVN/USDT pair does not look as good of a setup as RVN/BTC pair does, however it seems to be holding the . 618 retracement level if we draw the top where there were a lot of touch points, to previous bottom. DISCLAIMER: This is not financial advice. It is your responsibility to confirm and decide which trades to make. Trade only with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
Long
by lordlambo
2
RVN/BTC LONG ALT SZN [726% PP]Here we have a long opportunity for Ravencoin assuming 310 sat level was bottom. We may see a retest of the 310-320 sat zone, however as of right now the 1D chart is creating higher lows and MACD is looking bullish. This could potentially be the final wave of RVN before another serious correction, which I am assuming will happen as BTC starts to approach $20,000+. Be cautious if you see it break the ascending support trend line. Previous waves took about a month each, however it could take longer/shorter to complete the wave depending on market conditions. The upper trend line wants to intersect with the 1.618 extension at the 4-5 bar mark, so 28-35 days. Again, this is if the bottom has been priced in. Cases for : ->Volume has dropped off significantly, lowest it has been since early 2019 before we created a new ATH, which means there is a low probability of creating a significant new low. ->Bounce off support trend line that was the catalyst for previous two up waves, indicating bottom may have been found. ->Bullish divergence on MACD, both 1W and 1D. ->Waves 1,3 have taken price to 1.618-2 Fib extension from new bottom. ->Wave 2 lasted 112 days. Wave 4 has been going for over 130 days. ->It appears that no major bag holders looking to exit RVN for BTC are left. ->No dev/founder kickbacks to destroy price over time like most tokens/coins are set up to do with distribution, regardless of market conditions. -> Good chance of listing on Binance US, which could be catalyst for this final major wave. Cases against : ->Bitcoin has been rallying and could retest ATH at any moment, which could ruin the potential RVN rally as institutional investors have been more centered around accumulating BTC. ->No significant case for alt season yet, and no volume confirming bottom for RVN. ->RVN/USDT pair does not look as good of a setup as RVN/BTC pair does, however it seems to be holding the .618 retracement level if we draw the top where there were a lot of touch points, to previous bottom. DISCLAIMER: This is not financial advice. It is your responsibility to confirm and decide which trades to make. Trade only with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
Long
by lordlambo