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keifer
Apr 20, 2019 3:28 AM

RVN/BTC Wave 5 Long

Ravencoin / BitcoinBinance

Description

Hello 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!

Comment

Trade active

Looking at the weekly, possible bounce off of the 10 SMA

Trade active

Last line of defence is the 0.786 Fib. Looks like a bounce.

Trade active

Here is an update for RVN on the weekly chart. It is looking like a good opportunity. Cheers!

Trade closed: stop reached

Comments
meveme
Watching
keifer
@meveme, ALTS have really taken a dive...sucks!
meveme
@keifer, I know
I am watching is closely
DENT may have a bit of push coming


I don’t know. We got in wrong time very wrong time
No choice but to wait
10 sma didn’t do it either
keifer
@meveme, Very Wrong Time!

I was thinking back about my motive. I believe I was FOMO and didn't look at the weekly or monthly. I know better but when emotions trade...your rekt!
meveme
@keifer, well
Too late now

I sold all at 1330
I didn’t want to get back in but I did because of what u said

Anyways it’s done now

We have to wait
Only concern is if and when btc dumps or it may go One more leg up then how alts behave

Let’s see
keifer
@meveme, geez, I am sorry that I had such an impact that way. I will do better next time to be more careful in my words. Honestly, the daily looked good as did the waves and the fractal along with the RSI. I believe BTC and the news of late had delayed RVNs outcome. Hang tight, I am also still in it.
meveme
@keifer, that’s ok
Final decision was made by me anyways

But I knew things would return
But I didn’t think a pump on btc would bring it down below 1000
We have to wait
Let see
Cheers
keifer
@meveme, I see BTC hitting 4500.00 and as low as 4200.00. Then consolidates, this is what we want. That is when Alts begin to make momentum.
BlockchainYahoo
revian is looking good...
meveme
4H on the 3rd candle
I think we r heading south to re gain momentum and cool off rsi

I am thinking below 128 to re load

Cheers :)
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