RVNBTC trade ideas
RVN - Pure TAReally good opportunity but be careful if we didn't see a confirmed break above 890 we should not even think about buying it.
Buy after breaking 890
Targets
1100
1350
1650
Stop loss 890
Time analysis: 2 Jul - 10 Jul - 16 Sep
$RVN Has No Chill... Make Another Move After +500% CorrectionRavencoin is a free and open source project & fairly mined (POW) blockchain. Users can issue and control utility, game & securities digital assets/ tokens. Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another. Ravencoin is a protocol based on a fork of the Bitcoin code which adds features specifically focused on allowing tokens to be issued on the Ravencoin blockchain. These tokens can have whatever properties the issue of the token decides - so they can be limited in quantity, named and be issued as securities or as collectibles.
You can make your own security token within minutes and have it trade worldwide.
This one has 21,000,000,000 Total Supply and only 3,683,495,000 on circulating. $266,334,969 market cap at the current moment. This project just a new born and good for the hype-rider.
Good chart btw.
**************************************************************************************************************************************************
If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
--------------------------------------------------------------------------------------------------------------------------------------------------
www.tradingview.com Rules:
#1 Always obey tradingview.com house rules
#2 Always read the description
#3 Don't spam on the comment section
#4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after
#5 My opinions are not financial advice, follow it at your own will and your own risk
#6 Together, let's build a better community on this platform
RVNBTCPossible Diverging Wedge on daily. Look for break out with a possible 20% gain to nearest resistance. R/R is not the best if we do not wait for breakout. Feel free to offer opinions.
Trend continuation Finding support on our previous high and consolidating before an anticipated move up buy the break gl.
Ravencoin Getting Discarded Of Last Sellers ?(H4)
Since the last pump, we can see 3 descending bevel. Each one of them is shorter than the previous one, and tighter.
Same for RSI, angles are getting tighter. It's not as accurate on first benvel than on two others, but still says a lot.
By the moment I am posting this analysis, Raven hit the bottom of the bevel, at the MA50 (~783 sats) and it got rejected.
Golden cross that I called a few weeks ago got delayed thanks to Bitcoin moves but still happened and still current.
It could mean raven discards last sellers before making THE pump.
When RVN breakouts that bevel which should be the last, being discarded of all the last sellers, it might finally let bulls drive the price.
I am not a financial advisor, invest at your own risks.
Trying newly learned flag pattern $RVN$RVN seems to form a flag. sideways volume throughout the flag. Entered at 812 sats, aiming for 960 as per fib retracement. Lets see!!
RVN BB GANNModified Gann with pivots marked. This was built on Gann intersects as finders along with Fib and symmetric geometry that needed to be removed to reduce the clutter.
RVNBTC - looks like a reversal entering long positionSetting a tight stop on this, i will take profits along the way as stated in the image
Is RVN forming a Bat Pattern?Hi,
In the next days I am expecting RVNBTC to continue its move towards the final wing of its wonderful Bat formation.
If that is the case there will be a half-way target which is at around 810ish, the high of the last wave to the upside.
It is worth to mention that the final target of the Bat at 161% of the first wave up, is at the same time the Dynamic Meridian line of the Instrument.
Option: Sell at Target I and II. Optional: take profit at the middle line which is also a major resistance zone.
Trust yourself and be happy
Heish
RVN good R/R here, 20% move possibleFor now it looks like RVN has found its bottom. My target is a double top for 20%. Volume uptick, and indicators about to bottom. Seems to hold 200 MA as support, a close below could invalidate this trade and we could go to double bottom, keep that in mind.
RVN LONG$RVN
The trend is strong; the $BTC dump did shit to stop it. I'm pretty certain this one is heading to test R1, maybe R2 if the impulse move is strong enough, either way I'd make sure to take profit along the way. Caw.
Long RVNWell with the looks of it, It's retesting the Broken Wedge. Good time to long here.
Mid term targets are in green!! Lets see where it goes
Ravencoin (RVNBTC) Bounces On Strong Support, Where To Next?Ravencoin (RVNBTC) found support at the 0.786 Fib. retracement level of the last bullish wave. This support level also coincides with MA200 and EMA200.
Ravencoin can bounce here and move up before any further correction.
For additional bullish action, it would be a good signal to close above EMA10 (0.00000715) and see additional volume. We will have another bullish wave soon.
Feel free to hit like to show some support.
Namaste.
$RVN,Potential double bottom on support with increasing volume..$RVN Very similar setup to many other coins that we reviewed today...
Potential double bottom on support with increasing volume...
Both RSI & MACD rising and showing divergences
If you are not into accumulation of #RVN, wait for a break through resistance//flip into support.
