RVN/BTC - 4 Hour Chart - Potential +90%RVN looks like its just completed a wave 4 and is ready for another leg up to complete the large degree 3rd.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
RVNBTC
Play with RavencoinThis coin have decent volumes and did some good performances before.
Weekly is descending but can still play with some Bounces if it fall down.
Daily Timeframe :
RSI stabilised but not touched down for now.
MACD still going down and not going to cross for now.
i didnt use Stochastic because its flat.
So to safe buy this coin have to wait it moves down :
First Buy shoul be Around 1050-1080ish ( no all ur invest!)
Second Buy around 900ish.
Safe Sell 1380ish.
And as always check BTC King as influencer.
Happy Tr4Ding !
Ravencoin Parabolic retraceAs a die hard raven coin fan myself and being a happy investor back in the day to sell on this move. I am suspecting this bearish scenario to play out in the short/medium term, unless it's not done with its move yet but even if it did make new highs i'm convinced we will meet back at around 450 sats. Hence why i sold most of my ravens after we failed to make a new higher high and higher low on the daily at the peak.
A clear Descending triangle pattern with a breakdown level towards 450 sats. Fib retracement from 450 to last peak shows we are currently holding on .05 fib, which is usually the strongest support point in these moves.
Hence there is still a chance we can break bullish out of the triangle, but i'm giving it a low probability, since we keep testing it and fail to make new higher lows. My mind will be changed if the daily trend changes, if not i suspect a very nasty %50+ retracement from these levels.
[Long]RavenCoin[RVNBTC] Bullish Potential (250% PP) Ravencoin (RVN) Overview
Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another.
But the biggest signal of all is the bullish divergence marked on the MACD . (Considering the big increase in trading volume ).
Here we can see that RVNBTC is bouncing from its all time low, which was hit in October 2018. As soon as this price level was hit, we saw the early signals (above) for a change of trend.
You can spot strong bullish divergence as well. The MACD moves up while RVNBTC price goes down, this is marked with red lines on the chart.
Volume is starting to increase but still not enough. These are early signals.
I believe that Ravencoin will soon move... For this reason, we should trade this coin. If RVNBTC hold support line it can generate a strong 250% Profit.
We can buy this coin with target at 0.000001097
POABTC TARGETS:
1.) 0.00001096
2.) 0.00001648
We can STOP AVOID/LOSS at 0.00000760
This information is to be used for educational purposes only
TRANSPARENCY Strategy,
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$RVN Retrace in process... Buy the dip (carefully!) $RVN Following the call that more pain was coming and the bounce was more like a dead cat...
~1200sats support was broke to the downside (thanks bitcoin)
I expecting to have some buy opportunities around 1k sats
Will update as soon as I see changes!
#RVN
$RVN Reached 1700 sats & over 400% since UCTS buy signal
~1550sats as support, falling below would be the 1st breaking down in the entire trend up..
Volume looks is falling slowly.
If break happens ~1150sats or 0.5 fib retracement lvl as target.
Bearish divergences everywhere (RSI, MACD, CCI, STOCH etc)
Dont get trap!
#RVN
Raven: Last Wave before Big Correction?Hi.
We are probably doing the fifht wave before to get a good correction in ABC .
I expect we could hit TP3.
TP1 : 0.00001724 btc
TP2 : 0.00002136 btc
TP3 : 0.00002802 btc
Check it out my script to know if there is a stock market correction: Short Free Indicator for BITCOIN/USD
(See Link to Related Ideas below)
Hope this time there will be no 100M$ injected like 2019, 2nd April!
Trade safe.
Cheers!
#Ravencoin $RVN consolidation just below $RVNUSD all time highDuring the process of price discovery when making new highs it is important to reference the RVNUSD chart and not just the RVNBTC chart. This is true especially in times when there is a lot of movement in the BTCUSD price as there has been since the breakout from the lows.
This chart indicates a price target of $0.15 to $0.16 which is a little lower than the target on the other chart. This is likely due to the increase in the value of BTCUSD, which sent RVNBTC and other crypto assets (which surged ahead of BTC) lower in BTC terms.
RVN Coinbreakout on rvn btc the level has been tested two prior times and third time could be a charm.
gotta watch btc and the overall market looking a little heavy.
also check out etc for a good trade as well with the current breakout i would look to enter a pullback.
Binance the best place to trade alts imo my referreal code if your not trading there yet www.binance.com