$RVN, Descending channel testing support level at ~305 sats...$RVN
Inside a descending channel testing support level at ~305 sats
Breaking from here could lead to big recovery back to ~350+ sats
For now just set alerts and wait for it to happen or take a risk with a SL under support...
#RVN
Over the last few weeks I have been managing my Stop losses, Take profits and trading in general through the "Smart Trade" platform that 3commas offers... It has been a really nice experience
Thanks
RVNBTC trade ideas
Buy RVNAfter a strong uptrend (1,2,3,4,5) of the five, the price started to correct with waves (A) (B) (C) the movement C formed for a long time and formed a kilin, after which the wedge was broken. Later, the price fell back to a strong support level, having formed a double bottom. Most likely, growth to the level of 0.618 should follow
Altcoins: Consider Ravencoin (RVN)If blockchain investment is back (per President Xi), then altcoins can start new uptrends.
One beat up coin is Ravencoin (RVN). RVNBTC is holding on a big Fib speed resistance line near 300. For us, upside potential is a move to the previous 4th wave at 900. That is a potential 3X return.
Bottom Line: If blockchain is back, and the tokenization of everything happens, and there's nothing hidden wrong with Ravencoin, we see RVNBTC as a good risk-reward long.
RVNBTC forming bullish Shark | Upto 23% expectedPriceline of Ravencoin / Bictoin cryptocurrency if forming a bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 100 simple moving average support beneath the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000379 to 0.00000358
Sell between: 0.00000399 to 0.00000442
Regards,
Atif Akbar (moon333)
RVNBTC FORMED A BULLISH SHARK | A BUYING OPPORTUNITYPriceline of Ravencoin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000429 to 0.00000420
Sell between: 0.00000437 to 0.00000455
Regards,
Atif Akbar (moon333)