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RVNBTC

RVN opportunity (mid term)Hi everyone, RVN beeing one of my favortie coins, I'll share with you this opportunity based on FA. Next Ravencoin event is 19 Jun — Meetup in Amsterdam. As you can check on the chart, previous RVN have made quite an effect on its price, with announcements and future features beeing well received by the RVN strong community. SO here is my setup : Accumulate slowly (buy step by step) in the 600-700 range to make. Do not overbuy as market is still unstable. I expect a pump by mid june to at least 1000 sat. So I'll put a take profit arround 1000 i'll sell 50% and see how far it goes for the rest. Trade safe
Long
by Karas_
RVN/BTC Moon? Elliot Wave #3 Begins.Hello Friends, Just like the title says, we have possibly begun wave #3 within this weekly elliot wave cycle. There are some interesting points to make here about the indicator and oscillator on the weekly chart. I haven't included the RSI but have noted that the RSI is in the neutral zone. As seen on this chart we have a strong bullish divergence between the CMF and OBV. Wave #2 has retraced to exactly to the 0.0168 fibonacci level and began to make progress upward. The other interesting point is that the fib bounce is in concert with the 20 EMA. So the 20 EMA is acting as support for right now. Take note that the current Japanese Candle is showing a bullish hammer candle within the buy zone of the recent retracement on this chart. Elliot wave #2 has also created a descending price channel which is also bullish. I have supplied the support along with the stop loss if anybody is interested in this trade. In addition to that I have giving a forecast of where RVN might go within the acceptable fib levels. Wave 3 may only make it to fib 1.618 which will affect wave 4 and 5; keep that in mind, and watch carefully as we approach this level. Details on the Chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button . Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
Long
by keifer
10
RVN/BTC Re & Re Wave #3Hello Friends, Slight adjustments were made to this chart that I had previously published. However the point remains the same and thus nothing changes but a few minor adjustments were made as explained below. I noticed after the fact that I was missing the first wave correction fib. Also noticed that my fibs moved slightly, must of bumped clicked and they moved slightly (not much to make a difference) but however here is the correction to that. Take note the red 843 sats mark on the scale to the right was the 20 MA at the time of my last publication. The 834 sats is the green support stop loss where RVN bounced along "within" the bounce zone of the 0.618 fib retrace. This is just to be clear for those who like to be critical and can't see the forest for the trees. Cheers!
Long
by keifer
4
RVNBTC - The Skyhighatrict's HangoverLike most crypto currency Bitcoin's price movements are a massive component of what has been driving the Ravencoin price. However Ravencoin has shown instances and some periods when it chooses to do its own thing. Considering the massive rise from the 300sats range to the 1500sats range and no high volume house hold name using the network, this will be in the hands of niche crypto traders until that reality comes to fruition. Over the coming months I am predicting that RVN will re visit levels of 600sats - 1000sats with some lower lows of sub 600sats regardless of GBP price. Anything in the buy zone (indicated on chart) is a massive opportunity to become a bigger bag holder for long term capital gains. I'm beginning to feel that "Tree Fiddy" is long gone.
Short
by UnknownUnicorn3424570
2