RVNBTC trade ideas
RavenCoin - Highway to Hell (RVNBTC)Updated chart of RVNBTC after we broke our previous support at 339.
Currently in a descending channel, monthly supports at 307, 266, 254.
Just watching for now, looking for a break out of this channel and back test before any entries.
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Setup (RVNBTC)Setup today for RavenCoin (RVN), stops tight as we are still in BTC bull mode but we might have a short break for alts to recover.
We bounced off of support at 339 and are currently testing our first valley at 361 sats. Looking for a successful close above here for entry, followed by a successful break of the downtrend.
Entry: Close above 361 sats
Stop: Below support @ 339
Targets:
374
401
435
Donations/tips welcome if my charts help you out:
BTC: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN opportunity >>slowly falling to its rock solid bottomAs you can see on the charts, RVN has proven the ability to do massive pumps.
We are near a critical zone arround 300 known as the historical weekly bottom. We might see a nice bounce from this area.
I will slowly accumulate from here so here is my setup :
- Entry targets (33% of investment each) : 330 - 300 - 270
- Targets (33% TP each) : 630 - 990 - 1500
- SL : 230
I really think this is a once a year opportunity to make a nice profit. However be careful as BTC dominance is extremely High and BTC movement is in rekt mode for alts.
RVN/BTCSerious dumpage! Would be suprised if it bounces at the first box, but i think it's unlikely, wouldn't be suprised if
it retraces to the 2nd or 3rd box before we see upside but i could be wrong, in this market there's no telling what could happen! but i'll be watching and buying more! Looking for more volume as you see there's a lot LVN's currently on The Daily Chart, hince the dump.
$RVN, Testing ~415sats support (looks like its not hodling...) $RVN / $BTC
Testing ~415sats support (looks like its not hodling...) after a potential double top at resistance level...
If fails to hodl, a drop to next support at ~350sats (15% from here)...
UCTS Sell signal on the 8H chart since July 29th...
Stay safe.
#RVN