RVNBTC trade ideas
RVNBTCRVN touched the long-term tedious line and closed yesterday with a high trigger candle (Hammer). Since the 13th, it has fallen by approximately 20%, which is due to the high BTC. Expect that with a stabilization of BTC the currency could rise giving good profits in the medium term. In more remote probability she can fetch her last fund at 0.0000555 before starting a raise.
RVN Signal by Rocket-ProRVN Signal
RVN forms a succession of increasingly higher low points, which could and does evolve in an upward medium-term channel. In the shorter term, RVN operates in a downward channel and is currently 725 above its support at 695.
Buy: ~ 725
T1 : 750
T2 : 785
T3 : 840
T4 : 895
Stop: Under the previous low point
Reasons :
Horizontal support
Oblique support
CCI and WaveTrends signal 4h
MACD ready to cross
Sell 25% of your position to each target and move your stop-loss accordingly to ensure the maximum profit !
Is RVNBTC ready to take the lead (again) ? Hi,
RVNBTC is now in a consolidation and will break out probably after finishing the fifth wave inside the consolidation.
after completing the Bearish Bat Pattern , as shown in my recent post, we are now in the stage of profit-taking.
This comes at a perfect point, the last half of the month of june, the numbers will be given out in two weeks from now on and
new announcements can bring a significant change, especially in this volatile, young market.
However:
I expect RVNBTC to stop around the Green Support Linie , which represents the 0.78 of the recent move to the upside.
A bounce up will be likely since the Leader of the Sector BTCUSD refuses to show weakness in the past days.
Entry : Wait for a test of the yellow trendline and allow the price to turn around. Wait for a retest of a valit support zone
before entering the trade. Also watch for bullish chart patterns of the lower time-frames around the key-levels.
Use multiple timeframes method and a Top down strategy to enter the trade.
If you do not know what that is please check out George beaulieu on youtube.
With patience
Heish
Raven - Watching for support on the daily timeframe. Looking for support to hold here on the 4hr and daily to confirm the retrace and position for 5th wave move.
Raven has a lower correlation coefficient to BTC than the majority of alts and as such, possible setups may be more reliable regardless of BTC price movements in the short term.
What do you see?
Comment your own opinions and TA
Looking good, my first chartI don't like to make perfect drawings, just looking at the patterns says enough to me. Looks like we are heading bullish but for this we need some volume getting in. If we don't get that volume, we can break the support at 800 sats but don't be worried the next strong support is at 780 sats.
RAVEN is going for NEW HIGH 2000 satoshi, 100% ROI, 2 WEEKSHello folks,
raven coin just started his rally to 2K mark which is 1.618 fib level according to top high and resistance zone.
EMA, SMA and market cycles confirms his bullish uptrend.
Comparing RVN to BTC we can see that it is highly confirmed trend - RVN getting stronger and BTC going for short.
Everything will happen in next 2 weeks.
I am not financial advisory, those are my toughs about this market.
Tip appreciated, never solicited. Leave me a tip if you liked this idea.
BTC: 37TBhsD5x3ic8fqgEezxh2T9yaCKPLv3J2
ETH: 0x8c0d6e04bd05089e4d6f521dd0e1e3545e741658
RVNBTC (Ravencoin) Very Bullish But wait for BreakoutRVNBTC
Very bullish , on support right now the bounce is really good ( Tsunami candle ) only for this coin
well just wait for breakout after breakout enter below 840.. with sl 5%
For Risk taker
Entry : 800 - 820
SL : 5 %
target : 7% , 10% , 15% .. 25%