RVNBTC trade ideas
LONG - RVN - Trading OpportunityConsolidating after retesting previous support, looks like another rally is upon us.
Entry: 0.00000311
Target 1: 0.00000338
Target 2: 0.00000378
Target 3: 0.00000451
SL: 0.00000294
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RVN/BTCRVN is really bullish here after a sudden drop caused by the global dump few days ago. Some indicators signal a buy:
Trading at ATL range that used to be the base for big pump in the past.
Sitting right above 50MA and right below 1000MA on daily.
Hold the low timeframe trenline
Added into Binance margin for longs but Binance disabled borrowing RVN to short. It's really good for the price.
"Pulse" of an asset via Fibonacci: Raven's GENESIS Impulse ReduxMost assets have many Impulses in a Lifetime, each with a Core.
But all assets have only ONE "Genesis" Impulse, at birth or rebirth.
Raven has returned to its Genesis Core, and now it is life or death.
Is Raven's core DNA still there? enough to breath new life?
Will it be reborn like a Phoenix and fly back into the wild?
Or will it sink into Fetal position and never be heard again?
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
This is part my ongoing series to collect examples of my Methodology.
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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NOW -Back to climbing again. Time to buy before liftup!Alot of alts took a hit the same day matic dropped. Vet, IOST, Rvn - alot of big players on margintrade. I think alot of people didnt set a stopploss and lost a lot of money that night. Now people are FOMO notbuying Matic - alot of FUD this day about Matic. But RVN is a coin with similar run as Matic - Now aiming for a new ATH :)
RVN/BTC - DAILY CHARTHi, today we are going to talk about Ravencoin and its current landscape.
It's of common knowledge among those who observe the cryptocurrency market for a while that this market can be unpredictable and extremely volatile. Even senior traders have stories to tell about gains and losses, due to incredible surges or horrific slumps of the price, learning a complicated and expensive lesson, in the best cases. This week the Traders of Ravencoin had a similar experience, after the catastrophic slump of the price in the short period, raising concerns over the project stability, and casting doubts over market manipulation, if developers of the project had dumped their holdings or the exchanges had failed somehow. Independent of the origin of the sell-off the hard truth is that in an unregulated market, the eventual lack of liquidity could lead to market manipulation by only a few players that the buying power triggers a cascade effect, of stop losses and margin calls, creating a cycle of panic at the market. Usually, a situation like this could be avoided if crypto exchanges had a trading halt system to hold trades for a specific time so the market could have time to cool down the animosities. About the project itself, nothing happened to justify the sell-off. For a matter of fact their look to be the most shocked ones in this story.
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Sick night for crypto last night - RVN hit aswellI had a call about MATIC yesterday - i sold out on around 500 sats. Im glad i did. FUD in crypto is scary!
Rvn took a beating asweel- Might have been a lot of margincalls that got liqufied i guess. I in at RVN again - still aiming for that old ATH at 1700 sats before christmas. Remember STOPLOSS folks!