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RVNBTC

RVN/BTC Raven learning how to flyWe're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario). If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance. Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance. If we break below the last low we'll have to see how the situation unfolds then.
Long
by UnknownUnicorn3664665
2
RavenCoin (RVNBTC) Does 328% (Gold Old Days) in 12 Days!The gold old days are here... RavenCoin (RVNBTC) has increased by 328% in price in only 12 days. I had this coin in my list for the longest time ever, received some good information about it and wanted to share with you but didn't get to do it, here is the info I received from a friend: Greetings Alan: You know it was right when I sent you the note a few days ago on Ravencoin (RVN) well the coin is up 30% today and volume is up 7 x and counting. Today is was announced that RVN it is to be listed on Binance. Furthermore, the coin will release its 'Asset Layer' on the 31st Oct. Super smart timing by Binance to list now. In summary: - Anyone can make a asset token with 500 RVN in the wallet. This is massive. Plus the token can receive dividends, messaging and voting rights from the issuer. AND it follows the BTC standard. Fair distribution, NO ICO and completed decentralized network and code. Its up there with BTC LTC & XMR in quality. - Top notch coin.I hope you will find time to bring some alanmasters magic to this coin by doing some T/A and letting more people see what IMHO is something that has the ability to be a long term HODL and enjoy solid gains. - May the universe reward you much more than you ever dreamed. Namaste. If you enjoyed this post, please like, share, comment and follow. Your support is appreciated. Namaste.
by AlanSantana
11
RVN/BTC Raven learning how to flyWe're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario). If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance. Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance. If we break below the last low we'll have to see how the situation unfolds then. Original idea by Svarog
Long
by TradrzHQ
RVN Elliot Wave maybe I literally have no idea what I am talking about, but enjoy the meme lines and BS TA. Eliot wave started 10/20/18 at 519sats Wave One 10/20/18 at 519sats (+98% in two days) 10/22/18 at 1026sats Wave Two 10/22/18 at 1026sats (-33% in two days) 10/24/18 at 678sats Wave Three 10/24/18 at 678sats (+196% in four days) 10/28/18 at 1328sats Wave Four 10/28/18 at 1328sats (-33% in two days) 10/30/18 at 890sats Wave Five 10/30/18 at 890sats (+98% in two days) 11/01/18 at 1762sats As stated above I don't know what I am talking about
Long
by marcottee26
6
RVN ending its parabolic moveTLDR: SHORT now (880~1000 satoshis) until Line1. Buy above Line1 (just in case of great volume, then we can expect a bounce there). If Line1 breaks downwards, sell it and wait for Line2 be touched. Buy above Line2. This analysis is just based on the chart. I don't know anything about RVN fundamentals. As you can see, in just one week RVN had +400% gains. Obviously, most people will be selling here. If you missed the train and you really believe on RVN project, do not FOMO. Wait for retracement, then enter a long position. Every parabolic move has an end, and RVN already started its retracement. If you are in profit, just short all the way up from now (870~930 satoshis) to the next retracement levels. As you can see on the chart, we have Line1 that will surely be touched on the next days. Maybe we can get a bounce there. This case is represented by the yellow arrows path. We must see this movement if we have a very very big volume on RVN/BTC next days. You can try to LONG next to the Line1, and put a stop-loss under the Line1, in case the market just rejects it. If you see the Line1 being broken, wait for re-test. We're likely to see the green arrows path, re-testing the Line1, being rejected, and then going to the Line2. The good trader will be willing to buy right above the Line2, expecting the upwards movement that started on 15 october to continue. Remember, the good trader is not buying now at 900 satoshis.
Short
by FilipeMarch
RavenCoin massive gains over Bitcoin… time to take profit?Following the Binance announcement made on the 11th of October (twitter.com), that RavenCoin will be added to their listings on the October 12, RVN/BTC uptrend has begun. Price surged from 220 up to the recently established all-time high, reaching 824 satoshi. In 10 days Ravencoin has outperformed the Bitcoin by 333%, which is an amazing growth in a very short period of time. There is no question, that after such rally many investors would start to think about fixing their profits, thus selling RVN. Technically speaking, price has reached the resistance at 427.2% Fibonacci retracement level that is 885 satoshis. At first, under the massive trade volume, RNV/BTC broke above the Fibonacci resistance, although failed to close above. Today price has bounced off the resistance, which might trigger a selloff, not to mention the RSI oscillator downtrend trend line breakout. Although, for a strong correction to start, Ravencoin must break below the 773 satoshis support, only then further decline could be expected. In such scenario, price is likely to test either 660 or 550 sats support level, and potentially go even lower. On the upside, daily break and close above the 885 satoshis resistance might be the confirmation of further uptrend. This could be another 115% growth opportunity, as final upside target is seen at 1127.2% Fibs, that is 1670 satoshis level. Based on the percentage growth, upcoming wave up is expected to be very similar to the previous one, which was 117%. Support: 773 661 549 Resistance: 885 997 1109 1221 1333 1445 1557 1669
by CryptalDash