Posible rebound to 7000.618 fibo and main resistance, should hold for a rebound to near 700 zone. will see.
RVNBTC
RVN BTC entering in buy zonesRVNBTC pair at Bittrex 1D candles.
RVN is entering in buying zone.
Fib 0.382
but i am placing order at 528 sats.
RSI is over sold but MACD is not favorable. note: DYOR before making any decisions.
RAVENCOIN heading for 500Main support and block, coinciding with the 0.618 fibbo of the entire uptrend. Should be a nice spot for a rebound, for a minimum move to 700.
RVNBTC Correction, Ready for Entry PositionHey guys!
Stop-Loss I gave to you before is activated and we are going to see some correction.
Fibo 61 is showing us 560 at this moment. So best entry base on my opinion is 530-560. this is our last support so be careful!
RVNBTC -8.49% has good momentum and big momentum means a huge profit.
- RSI is currently in oversold zone.
- EMA is not okay.
- MACD is negative and red.
Do not buy Now except in the buy zone.
Don't buy RVN! (At least for now)Very clear market structure here.
Clear 5 wave up and now I am expecting an ABC correction before we go and make higher highs.
Bitcoin number xxx. RVN / BTC analyticsBUY:
SELL:
STOP-LOSS:
Support:
Resistance:
RVN is another fork of open-source Bitcoin code, which has a shorter block formation time. The goal of the project is to struggle with the presence of external control and to increase the parameters of privacy and transparency of actions within the network. The crypto asset is very young, the first generation of blocks took place only in 2017, and the first listing on the stock exchange was in early 2018.
If we talk about the prospects of this coin trading, then opens deals to the asset at the moment is very dangerous. This is due to the fact that the trading volume appeared only after listing on Binance, which took place on October 12. After that, the price increased by 320%, volume by 1500%, but in less than a month, the turnover returned to the original values. This suggests there have been manipulations, and the price will fast return to the support line at the level of 0.00000356. At this stage, the asset is trying to hold above the level of 0.00000600, but the price will go down due to low buyers activity. Opening long positions above the zone 0.00000356 - 0.00000405 does not make sense.
The asset is no interest either in terms of intraday trading and long-term investments. The project cannot boast of a developed idea and clear plans.
We do not plan to follow this asset in the future and give updates on it.
Complex Head and Shoulders Completed.It appears that the head and shoulders formation has finally completed. Previous research indicates that upon completion of a head and shoulders top pattern the price tends to bounce and attempt to return to the break out point. However, it should be noted that the completion of a head and shoulders pattern marks the beginning of a major trend reversal. Although there is alot of hype around $RVN and I certainly am a big fan, the completion of this pattern indicates that further declines may be coming in the near future. Of course nothing is guaranteed. Keep a close eye on this if you are involved in this trade and make sure to set stop losses if you are trying to catch this upcoming bounce. Nothing is guaranteed. Always remember that, but the odds are in our favor that this will bounce a little here and then continue downwards in the new downtrend that has essentially just been confirmed.
RVN, Big profit base on 1 ConditionHey, guys hope our PHXBTC signal make you reach :)
Now I found another signal. RVNBTC has finished correction so it has attracted buyers.
- RSI show us it is an uptrend
- MACD is positive and the histogram is green.
The possibility of jumping to 850 is high and worth to risk. Buy based on 1 condition uptrend moving from the triangle.
See you on the other side :)
Raven finds itself in a channel?Seems like Raven has some correction left to do. It could bounce on the fibs, which seem to line up well with the price movements so far.
TRICK OR TREAT. RAVENCOIN BRING ME SOMETHING GOOD TO....TRADEYEAH.
TOOK A WHILE TO MAKE THIS.
~ITS A FRACTAL CHART ANALYSIS OF MY OWN DOING.
~FIBONACCI IN PLAY, EXTENDED 3RD WAVE IN PLAY, AND ELLIOT WAVE COUNTS.
www.elliottwave.net
//
FRACTALS SHOW AND IMPULSE SEQUENCE, FOLLOWED BY A VERY PARTICULAR ELONGATED DOWNWARD POINTING SYMMETRICAL TRIANGLE.
--OF COURSE THEY VERY SLIGHTLY FROM
WAVE 1 --> WAVE 2 // VS WAVE 3 --> 4
HOWEVER SIMILARITY IS UNCANNY
//
IF YOU GOT BALLS. YOU'LL BUY IN NOW, AND RIDE THIS TRAIN UP TO 1000 satoshi.
trick or f*ckin treat.
****HOPING FOR A TREAT :) ****
Bittrex new alt breakout! looking for feedbacklooking to trade these new alts more effectively...
just a small entry. overall market isn't really in a good position to be playing new alts coin breakouts
coin was added to bittrex on 10/24
1400 coins at .0429 or $60.12
not really looking to make money here trying to build my ability to trade new coins (ipo style trades) so when market conditions are better and we get more coins added I have a better idea how to trade these things...
risk is very clear lvl (purple horizontal)
risk reward on new alt adds if you get good entry prices are usually no lower than 5 to 1, a lot of times closer to 10 to 1. so is i can be successful only 20-40% of the time i can make amazing profits with very set and defined risk
if I can be right 3 out of 10 5to1 1 can increase my acct very quickly and if I can get my accuracy these trades can be life changing
ex $100 acct 10% risk 5 to 1 r/r 1 90 2 80 3 120 4 110 5 100 6 90 7 140 8 125 9 110 10 160
ex $100 acct 10% risk 10 to 1 r/r 1 90 2 80 3 70 4 140 5 125 6 110 7 220 8 440 9 400 10 360
$RVN 857 is in sight after Head and Shoulders FailureH&S failure chart pattern price target is calculated by taking the width of the chart pattern between the Head and the neckline and adding it to the highest point of the right shoulder (for H&S top reversal failures). New target 857.
$RVN Clear Head & Shoulders on 1hr. WATCH OUTClear Head and shoulders visible on the 1hr chart. This is indicative of a reversal of the previous trend. In this case that would mean a drop back down to the 570 level. Be very careful here. Look for a break below the neckline. It can hover beneath it temporarily and still continue up wards negating the pattern but the diminishing volume only reinforces the strength of this pattern. For those of you learning technical analysis, in order to measure the target of a Head and Shoulders you must measure the height of the move up and subtract that from the Breakout (or rather breakdown) Price. In this case: 740-170 = 570. Good luck and watch this carefully. Frequently after the lower target price is reached and the pattern completes the price rebounds shortly thereafter to either the breakout price or even above it which gives traders who are able to get out before the price breaks down (if it breaks down...it seems likely to) a nice play to gain more $RVN at the bottom and then ride it up for a compounded gain.
LONG RVN/BTC Bullish action round 2That first idea yesterday has gone well, it was smart to take some profits at that resistance block which it hit perfectly.
Now that we've retraced a bit and are finding new support, we should make a new attempt at that resistance, maybe wick even higher, and if we keep pounding it we'll eventually break it!
Original idea by Svarog
RVN/BTC Bullish action round 2That first idea yesterday has gone well, it was smart to take some profits at that resistance block which it hit perfectly.
Now that we've retraced a bit and are finding new support, we should make a new attempt at that resistance, maybe wick even higher, and if we keep pounding it we'll eventually break it!
$RVN 3rd Wave not completed yetHeavy selling pressure here has taken us down to 751 from the 815 high. However this is just the second wave of the five subwaves within wave 3 in my opinion. This theory will be tested very shortly. Alot of panic selling taking place right now. If we can hold this level then wave 3 of wave 3 will begin soon.
RVN only starting to growI didn't take part in any of those magnificent 320% growth RVN showed lately. Just couldn't believe it will keep on growing. Now that it finished its retracement I'm ready to jump in. I already had my order set for 703, but that night it fell only till 707... only 4 satoshi and my f**king greed seperated me from 10% profit I would have by the time I woke up. Ok, there are still plenty of profits waiting ahead. Check out day chart below.
When you see an open range use fibonacci to estimate how far the price will go before the next stop. In this case I see pretty good possibility to see another 100% profit. Maybe even more. Surely it is not guaranteed yet, as the price has to lift above 800-830 resistance zone. It will be like exit of Earth gravitation and entering space with no gravitation at all. Once the price exit this resistance channel we will see it fly to the moon.
Right now I have buy orders around 766 zone which should be a bounce area. And my target is 1500 (= ~100% profit). Not less.
Remember - this forecast is valid only for the option when price gets over 800-830 zone. Otherwise RVN will bounce back to 700-730 zone.
Good luck with your trades. Push like if you like my work. It will help me a lot,
