RVNBTC trade ideas
RVN/BTC - 4 Hour Chart - Potential +90%RVN looks like its just completed a wave 4 and is ready for another leg up to complete the large degree 3rd.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
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.
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CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
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 !
RVNBTC: 5th wave - fractal break-out targeting 2400Dear trading enthousiast,
I have been following Raven closely the past few days. It is in the top-10 volume on Bittrex for the past few weeks now, so something is brewing.
Looking closer you can see Raven is currently printing a fractal correction pattern of the 2nd Elliot wave and could break-out in a day or two.
I think the target for the 5th wave is in the 2400 region.
Love to read your comments!
TheNDK
This chart is just for your entertainment and not financial advise.
Ravencoin Parabolic retraceAs a die hard raven coin fan myself and being a happy investor back in the day to sell on this move. I am suspecting this bearish scenario to play out in the short/medium term, unless it's not done with its move yet but even if it did make new highs i'm convinced we will meet back at around 450 sats. Hence why i sold most of my ravens after we failed to make a new higher high and higher low on the daily at the peak.
A clear Descending triangle pattern with a breakdown level towards 450 sats. Fib retracement from 450 to last peak shows we are currently holding on .05 fib, which is usually the strongest support point in these moves.
Hence there is still a chance we can break bullish out of the triangle, but i'm giving it a low probability, since we keep testing it and fail to make new higher lows. My mind will be changed if the daily trend changes, if not i suspect a very nasty %50+ retracement from these levels.
RVNBTCRVNBTC
Entonnoir : W/D/H4 (swing)
Comme prévu, la compression H4 (bleu) a cassé par le haut, je viens de rentrer sur la sortie de compression M30.
SL à 1066 en-dessous de la compression daily (jaune).
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Funnel : W/D/H4 (swing)
As expected, the compression on H4 (blue) broke by its top. I just went long on the compression breakout on M30.
SL set to 1066 right under the daily compression (yellow).
[Long]RavenCoin[RVNBTC] Bullish Potential (250% PP) Ravencoin (RVN) Overview
Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another.
But the biggest signal of all is the bullish divergence marked on the MACD . (Considering the big increase in trading volume ).
Here we can see that RVNBTC is bouncing from its all time low, which was hit in October 2018. As soon as this price level was hit, we saw the early signals (above) for a change of trend.
You can spot strong bullish divergence as well. The MACD moves up while RVNBTC price goes down, this is marked with red lines on the chart.
Volume is starting to increase but still not enough. These are early signals.
I believe that Ravencoin will soon move... For this reason, we should trade this coin. If RVNBTC hold support line it can generate a strong 250% Profit.
We can buy this coin with target at 0.000001097
POABTC TARGETS:
1.) 0.00001096
2.) 0.00001648
We can STOP AVOID/LOSS at 0.00000760
This information is to be used for educational purposes only
TRANSPARENCY Strategy,
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RVNBTCRVNBTC
Entonnoir : W/D/H4 (swing)
RVN est dans une configuration intéressante. Le biais est toujours haussier et nous avons le prix qui compresse en H4 (bleu) dans le bas de la compression daily (jaune).
Je prendrai position avec un risque réduit si on casse cette compression H4 par le haut.
Alarme mise.
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Funnel : W/D/H4 (swing)
Interesting setup on RVN : the bias is still bullish and the price is compressing on H4 (blue) right at the bottom of the daily compression (yellow). If we break this compression on H4 by the top, I'll go long with a small risk.
Alarm set.
RVNBTC - Symmetrical Triangle Currently the price range of the symmetrical triangle is getting tighter. We will brake bullish or bearish but the stochastic indicator shows a oversold condition on the 4 hour chart so i think we will bounce from the lower trendline in the triangle and see the price rise.
The best entry would be after a closed candle above the resistance line in the triangle.
This chart is for educational purpose so i can learn more about TA.
Ravencoin - Potential Wave 5We have been watching Raven for quite sometime, its brought us many 100% gains since Novemeber, Here, we are in a precarious space, but we are looking at a potential wave 5 break out, Its not always exact to use elliot wave theory, so when we are up this high we have super tight stop losses on profits. We are following the meandering 4th wave definition, so we are looking for a breakout, or potential break down here. Even still the 10% ups and downs are like a money making machine for intraday traders.