RVNBTC
Ravencoin (RVN) Breaking Downtrend After New LowRVNBTC (Ravencoin) has been going down forever, literally.
A new all-time low was hit 2-Jan. and finally, we are seeing some positive signals.
The RSI was completely oversold and is now coming up strong.
Prices are moving above EMA10.
Green/Bull volume is finally starting to show up.
The MACD is also starting to turn.
These are early signals as the daily candle is yet to close, but a close above 0.00000046 (EMA10) will signal strength for Ravencoin.
I've mapped some targets for you directly on the chart.
This is a low-risk setup with our strategy.
It also has huge bullish potential.
Thanks for reading.
Namaste.
RVN - Bounce TimeNow that the market is doing better today, it is time to scalp some altcoins that are down a lot. RVN/BTC has some good potential as it is right on the bouncing point of support that has held for multiple days. I'm only expecting small movement, potentially up to 30% - but after a weekend of bleeding that would be very nice. Waiting for the bullish crossover on the 1H and exiting some of my position at each target.
Entries: 152-155 sats
Stop Loss: 149 sats
Targets: 160, 170, 185, 200 sats
$RVN, Crossing 1st important resistance (~100 sats)on the way up$RVN
Crossing 1st important resistance (~100 sats) on the way up..
Volume gaining momentum as its trying to flip this level on the 12H..
UCTS bullish across 1D/2D timeframes (~100% up since Buy signal)
For now looking for a flip at this level as signal of continuation
#RVN
Raven coin is now cheaper vs BTC than at launch!Raven coin looks to have bottomed vs BTC on the RSI and price. It has since bounced in price and looks like it's gaining that long awaited moment. This move could be the next XRP style move that could catch many surprise. 10x is definitely in the cards possibly more.
Always trade at own risk. Not financial advice.