Is RVN forming a Bat Pattern?Hi,
In the next days I am expecting RVNBTC to continue its move towards the final wing of its wonderful Bat formation.
If that is the case there will be a half-way target which is at around 810ish, the high of the last wave to the upside.
It is worth to mention that the final target of the Bat at 161% of the first wave up, is at the same time the Dynamic Meridian line of the Instrument.
Option: Sell at Target I and II. Optional: take profit at the middle line which is also a major resistance zone.
Trust yourself and be happy
Heish
RVNBTC
Ravencoin (RVNBTC) Bounces On Strong Support, Where To Next?Ravencoin (RVNBTC) found support at the 0.786 Fib. retracement level of the last bullish wave. This support level also coincides with MA200 and EMA200.
Ravencoin can bounce here and move up before any further correction.
For additional bullish action, it would be a good signal to close above EMA10 (0.00000715) and see additional volume. We will have another bullish wave soon.
Feel free to hit like to show some support.
Namaste.
$RVN,Potential double bottom on support with increasing volume..$RVN Very similar setup to many other coins that we reviewed today...
Potential double bottom on support with increasing volume...
Both RSI & MACD rising and showing divergences
If you are not into accumulation of #RVN, wait for a break through resistance//flip into support.
Ravencoin continues uptrend - 4HHello dear traders.
I see some bullish signs for RVNBTC pair :
1) it started the uptrend after breaking above the purple trendline with confirming volume .
2) broke above EMA(50) in the daily chart by 15%.
3) in 4H chart, Healthy RSI which is in an uptrend and above 50.
4) in the daily chart, RSI looking great. Broke above 50 and resistant trendline.
5) MACD lines above 0 and trending up .
Only bearish thing is Divergence in MACD’s Histogram .
Thank you. Happy trading.
Raven coin about to make supernova explosion. Very bullishHi everyone,
raven is a crazy coin of the binance .
we know it was rising with non stop but in 2 month it has been falling non stop
it is in a falling wedge
it is in also in a strong pennant
Be careful, it is in the wedge of the fallilng wedge and penant.
Hey it is not ended
Look at fibonacci retracement it has bounced 0.786 level
By these infos, raven coin is very very bullish
We will see what happen.
if you have an idea, feel free to comment your idea.
Loves
Muikka
$RVN Sitting at support around 600sats..$RVN Sitting at support around 600sats..
UCTS still on a sell signal on the daily
For now volume looks low
We are looking for Volume & a break over 750sats to start thinking about it...
Accumulating at this range could be an option but be careful about what BTC will do
#RVN