RVNBTC
RVNBTC BITTREX 12H up to 07FEB19 Trading Analysis (TA)RVNBTC RavenCoin / Bitcoin BITTREX 12H up to 07FEB19 Trading Analysis (TA)
12H Chart, RavenCoin (RVN) by January 21 (1), was able to break over both the 100/200 days MA signals, along with an ascending movement from 40 RSI to lightely touch the 70 RSI (2) and bounced back until below 30 RSI (3), now the RSI crossed over 40 RSI, the MACD signals are about to pierce below the Histogram heading up (4), which may indicate a price movement toward the 100/200 - MA (5), which is the optimistic approach, but remember "Trees don't grow until the sky" it can find resistance and make a correction anytime. At this time the Market Cap is around 110b. Good Luck!
12H Chart, RavenCoin (RVN) hasta el 21 de enero (1), pudo atravesar positivamente las señales MA de 100/200 días, junto con un movimiento ascendente desde 40 RSI para tocar ligeramente el RSI 70 (2) y retrocedió hasta abajo 30 RSI (3), ahora la señal RSI cruzó los 40 RSI, las señales MACD están a punto de cruzarse debajo del Histograma hacia arriba (4), lo que puede indicar un movimiento de precios hacia el 100/200 - MA (5), que es el enfoque optimista, pero recuerde que "los árboles no crecen hasta el cielo" pueden encontrar resistencia y hacer una corrección en cualquier momento. En este momento el Market Cap está alrededor de 110b. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Ravencoin: A long term perspective*DISCLAIMER* - This post is just for fun. It is not meant to be considered accurate information. I own some Ravencoin so this may be biased despite my best efforts to be as objective as possible. Everything contained within this post is my own opinion and should not be treated otherwise, do your own research!
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Welcome, frens .
Due to the lack of price data on RVNs chart both Bittrex and Binance and even CMC, this post will be more about the conceptual/fundamental bullish and bearish arguments for the future of RVN. For those who are not familiar with Ravencoin, in the shortest manner possible, it is a open source protocol that specializes in the creation, management and transfer of assets. For full details check out their website which you can find through the link on their coinmarketcap page.
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Looking at the chart
We are sitting in a pretty large demand zone with two below us also, I expect the lower one to be tapped. I have set orders accordingly.
There is not much else to say with regards to price as RVN is still a very young project. Will do a future update when enough data is available.
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WHY AM I BULLISH ON RVN?
Community // First and foremost, Ravencoins community was it's main selling point for me. I am going on 3 years in this space and I have never encountered a community as strong, helpful and engaged as Ravencoins. Usually after launch the community is highly active and then slowly dies about. Ravencoin community did the opposite, it went from strength to strength.. so shout out to anyone from the community if you are reading, keep doing your thing.
Decentralization // Ravencoin is a POW network (proof of work) that uses the X16R hashing algorithm, I am not going to go into detail about this but in essence, the X16R algo chooses 1 of 16 different algos for any given block and the order in which they are chosen is changed each block (for full details see their website). It had a fair, public launch. No ICO. No premine. No founders tax.
Ease of use // Has a great desktop wallet with a mobile wallet in development. The asset creation is seamless and costs only 500 RVN to create. I encourage everyone to download their wallet and create an asset themselves.
Assets have broad use case // The assets one can create on RVN network can be used for anything, really you are only limited by your imagination for this. This is covered pretty well in Ravencoins whitepaper so here is a quote from it directly;
"Uses for AssetsAssets or tokens can be used for anything the creator’s imagination can conjure. The ideas presented here are a sampling. Representing real world custodied physical or digital assets to tokens;
-Gold bars
-Silver coins
-Physical Euros
-Land Deeds
-DC Comics Presents #26
-Energy credits (Electricity, Wood, Gas, Oil, Wind)
Representing a share of a project;
-Securities tokens: stock or shares of a company where the shares are represented by a token rather than a physical stock certificate
-Securities or partnership interests with the built-in ability to pay dividends in RVN (legal in many free market countries)
-Tokens which represent a coop, limited partnership, royalty sharing or profit sharing platform
-A token which represents a crowd-funded item with the ability to transfer or resell the item Representing virtual goods
-Tickets to an event such as a Baltimore Ravens game with the ability to resell
-A license to allow an activity
-An access token to use a service
-In-game currency and items, transferable outside of the game platform
Representing a credit;
-Gift cards
-Airline miles
-Reward points"
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WHY AM I BEARISH ON RVN?
ETH // As with any asset oriented platform, ETH is the dominant leader in this regard. There is absolutely no reason why ETH cannot do everything RVN can do and more. Plain and simple. To add to this ANT (Aragon), is building an all in one DAO dApp on ETH for just this purpose that will include most if not all features of RVN.
Regulation // Both existing and new securities and are more likely to favour a platform with KYC and address freezing built in on the protocol level. That being said it is possible that RVN could be favoured by DAO's.
Scaling // An issue with most coins but in particular those with the ability to create assets on top.
Leadership // Decentralized projects still need leaders, and right now Ravencoin lacks leadership. While Bruce & Tron and the rest of the community have done a wonderful job so far, the project does indeed need a 'face'. I know some people may hate on this fact but this is true within the human species, we are pack animals, a decentralized project is no different.
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To summarize, Ravencoin is a brilliant project with a great community and it comes from where the original ethos of the space were founded upon, decentralization and censorship resistance. It is one of the few projects that I truly believe in and I think the community has enough will power and commitment within to keep it alive for years to come. It goes without saying that it has some bumps in the road ahead, but likely we won't need the road because.... Ravens FLY! KAWWW!!!
Peace.
Ravencoin in a falling wedge could find bottom support lineRVNBTC seems to be in a falling wedge, and could have found a support for now. I might enter later when we get closer to the resistance line if still at this level.
But with bitcoin being untradable at these levels, we don't know what to expect for alts.
Will keep an eye on it.
There can be only one, RAVEN! In Raven we trust.So, I am sure you have forgotten all the HYPE about RVN.
Raven the Bitcoin 2.0! They screamed and yelled. MOON! And what not.
Well, yeah 1-2 is great like that, just look at HOT.
The real $$ come from 2-3 Wave :)
So i hope u are starting to load up on RVN. With a tight stop of sub 350. Do yourself a favor and replace that one BTC and get a RVN.
Why?
Well, cause in RAVEN we trust :)
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
RVN/BTC FALLING WEDGE?Good morning! RVN has been a coin i have been keeping my eye on for a while. Price action is very much slow and little volatility going for it, maybe because we are at the end of the falling wedge that has been forming?
To be a valid, both the resistance and the support line need to have a “steep” down slope. The price should be narrowing into a tight range.
The pattern ends often with a strong breakout. Be aware though that the support and resistance won’t always meet before the breakout takes place.
The continuation falling wedge is similar in shape to the pennant. Unlike a pennant, the wedge doesn’t need to exist on a flagpole. By convention shorter duration wedge patterns are usually classed pennants rather than wedges. The “falling” pennant and the falling wedge are traded the same – as buy signals.
If the falling wedge scenario does play out to the upside, i have set 3 targets for myself and to anyone interested in this coin. Price volatility for this coin could come soon, or, it will slowly rise in price as BTC moves sideways. I could be wrong, but i have a bullish feel about this project.
Stochastic RSI on the daily is showing that it has room to push upwards, that is if, BTC doesn't ruin the party. Set stop losses at the risk you're willing to take.
Have a good Thursday and a good day! Trade safe!
Target 1: 544 - 570
Target 2: 625 - 651
Target 3: 793 - 813
RVN RSHS patternIm expecting Reverse RSHS pattern from RVN. It will a liitle bit more time in order to comply with left shoulder. Pattern can be finalize at this evening and start rising. Pls do not forget keep your stopp loss positions to avoid imposing from BTC major movements.I expect profit realisations from BTC soon.
RVN - 65%+ Potential Profits! [FREE TRADING SIGNAL]Pair: RVN/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Technical Analysis
- Broke Downtrend
- Strong Volume
- Broke Resistance
Our Entry Zone
0.00000350 - 0.00000410
Our Targets
1: 0.00000540
2: 0.00000640
Our Stop Loss: 0.00000300
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Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
RVN/BTC - HIDDEN BEARISH DIVERGENCEAs much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC .
IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO.
I do not want to do over analysis on this and tried to keep it simple and on point.
I also see this small uptrend as an "B" Wave of the correction wave. Previously completed ABC correction wave to me is sub wave of A wave.
Will update this at next important turning point. For now, its a bull trap for me.
RVN near the bottomActually RVN formed similar chart to many alts - parallel channel where the price is currently almost at the bottom. For us it means that next BTC move will do the move for all. If it go up most of alts will fly to upper channel with possible breakout. But that is a long way from now. So far I am waiting for it at 370-375 support zone and keep faith in BTC and future targets at 410, 425 and so on.
Bad thing about that setup is that support at 370 was tested already 4 timed at four hour chart and it makes it pretty weak. So in case BTC will be dumped there is no chance it will hold. Put SL below 365.
Trade on your own risk.
RVNBTC H4 BINANCE 40% UPSIDE IHS GREAT PLAY LOAD UP SOONHEY HEY HEY, WHAT'S ROLLING, HOW IS IT GOING GUYS, WHAT ARE YOU UP TO?
HERE'S ANOTHER HIGH QUALITY SETUP FROM NICERYDERS, WE DELIVER THEM HOT OFF THE STOVE.
THIS IS RVN BTC 4HOUR BINANCE CHART.
GREAT BULLISH RECOVERY COMING TO THIS SPACE WITH OUTSIZED GAINS. 40% UPSIDE IS POSSIBLE IN THIS IHS PLAY (INVERTED H*S).
WE ARE EITHER AT THE BOTTOM RIGHT NOW OR VERY VERY CLOSE. I'D RECOMMEND WAITING FOR THE RS TO CONFIRM THIS PLAY, LOAD POINT NEAR 370. TARGET IS 520/540.
SCALE IN NOW OR SOON AND GET READY FOR STRONG GAINS NEXT FEW WEEKS . AS A REMINDER - THIS IS A SWING TRADE - YOU HAVE TO BUY AND HOLD.
DO NOT EXPECT INSTA GAINS HERE.
GOOD LUCK
AND AS ALWAYS, I'D APPRECIATE IT IF YOU CAN UPVOTE MY ANALYSIS AND POST SOME COMMENTS IN THE SECTION BELOW,
THANK YOU AND HAVE A GREAT DAY
RYDERS
$RVN #Ravencoin setting up for large % gains following $BTC moveLook for the following signals:
MTF momentum strategy indicates lower timeframes now aligning with the daily chart.
Tenkan/Kijun cross looks to be imminent.
Long term Down channel broke sideways some time ago indicating that RVNBTC found a bottom.
This is all contingent on BTCUSD continuing its move toward $4800 which is looking ever more likely.
[RVNBTC](44%+ PP) RavenCoin Finds Support - What Next?RavenCoin (RVNBTC) has been retracing since its October's bull run. Now, the charts are looking ready for a move up according to some early signals.
Let's take a look and open a trade.
This is done by request, so please hit LIKE to show your support.
Here are the early signals coming from the daily chart:
RavenCoin (RVNBTC) Chart Signals
Volume has been decreasing which is indicative of an upcoming breakout based on chart structure.
RVNBTC is now trading above EMA10.
We have a bullish RSI and strong bullish divergence on both MACD and RSI. There is a bullish crossover on the MACD as well and the histogram is turning in favor of the bulls.
These are early signals as there is no volume to back them up nor a strong breakout. So please be aware that it can easily breakdown, and that is why we use a stop loss.
This will be a medium risk...
Now, let's get started with this trade.
RavenCoin (RVNBTC) Trade Instructions by Alan Masters
Buy in: 0.00000355 - 0.00000375
Targets:
(1) 0.00000405
(2) 0.00000450
(3) 0.00000525
Stop loss: Close daily below 0.00000300.
Capital allocation: <10%.
EVERYTHING WILL BE SOLVED TODAY
What is it that is changing your mood today?
Is it something challenging?
You know it has a solution, but yet you worry night and day?!
Is it another challenge that for you, is yet to come?
Up until now every blockage has been removed from your road.
So keep on meditating and praying, do it for as long a time as it takes.
If you do it long enough...
EVERYTHING WILL BE SOLVED TODAY!
Namaste.