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
Ravencoin's Path to 1KBINANCE:RVNBTC
How wrong can I be? Lets find out! I will probably look back and laugh! ravencoin makes some pretty ugly charts so far... it doesnt exactly have elegant waves. The chart honestly could have been drawn better... i mean just drawing a squiggly line to the 1k mark and straight back down would probably closer match this markets historic (horrific) data
RVNBTC hits the support of channel | Upto 285% profit potentialThe priceline of RavenCoin cryptocurrency is moving within an up channel and making higher highs and higher lows.
Now the price action has touched the support of channel again after Feb 2019.
Every time when simple moving average 7 crosses down the price action then price action gets strong bullish and makes new high and this time the MA 7 is again touching the priceline to cross down the candle sticks again.
In the meanwhile the MACD has turned weak bearish from strong bearish and soon it will be turned bullish.
The stochastic is in oversold and has given bull cross.
Even though the priceline is epected to make a new high but I have defined sell targets using Fibonacci method and these sell targets are as below:
Sell between: 0.00000807 to 0.00001302
Regards,
Atif Akbar (moon333)