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Ravencoin / Bitcoin

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RVNBTC trade ideas

RVN/BTC Ready For A MoveHello Friends, Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
Long
by keifer
RVN/BTC Moon? Elliot Wave #3 Begins.Hello Friends, Just like the title says, we have possibly begun wave #3 within this weekly elliot wave cycle. There are some interesting points to make here about the indicator and oscillator on the weekly chart. I haven't included the RSI but have noted that the RSI is in the neutral zone. As seen on this chart we have a strong bullish divergence between the CMF and OBV. Wave #2 has retraced to exactly to the 0.0168 fibonacci level and began to make progress upward. The other interesting point is that the fib bounce is in concert with the 20 EMA. So the 20 EMA is acting as support for right now. Take note that the current Japanese Candle is showing a bullish hammer candle within the buy zone of the recent retracement on this chart. Elliot wave #2 has also created a descending price channel which is also bullish. I have supplied the support along with the stop loss if anybody is interested in this trade. In addition to that I have giving a forecast of where RVN might go within the acceptable fib levels. Wave 3 may only make it to fib 1.618 which will affect wave 4 and 5; keep that in mind, and watch carefully as we approach this level. Details on the Chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button . Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
Long
by keifer
10
RVN/BTC Re & Re Wave #3Hello Friends, Slight adjustments were made to this chart that I had previously published. However the point remains the same and thus nothing changes but a few minor adjustments were made as explained below. I noticed after the fact that I was missing the first wave correction fib. Also noticed that my fibs moved slightly, must of bumped clicked and they moved slightly (not much to make a difference) but however here is the correction to that. Take note the red 843 sats mark on the scale to the right was the 20 MA at the time of my last publication. The 834 sats is the green support stop loss where RVN bounced along "within" the bounce zone of the 0.618 fib retrace. This is just to be clear for those who like to be critical and can't see the forest for the trees. Cheers!
Long
by keifer
4
RVN/BTC Wave 5Hello Friends, Looking at the daily chart we can see that wave 4 has been completed and now we are beginning to ascend toward perspective targets. Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
Long
by keifer
66
Play with RavencoinThis coin have decent volumes and did some good performances before. Weekly is descending but can still play with some Bounces if it fall down. Daily Timeframe : RSI stabilised but not touched down for now. MACD still going down and not going to cross for now. i didnt use Stochastic because its flat. So to safe buy this coin have to wait it moves down : First Buy shoul be Around 1050-1080ish ( no all ur invest!) Second Buy around 900ish. Safe Sell 1380ish. And as always check BTC King as influencer. Happy Tr4Ding !
Long
by thecryer
1