Looking closely at the chart of Raven (RVNBTC), we some potentially bullish developments. RVNBTC has broken out above it's 21-day moving average. It is also holding above the 21-DMA. The 21-DMA is a major moving average because it is usually a sign of the strength of a trend. Right now, RVNBTC is spending more time above its 21-day moving average than it has in...
Ravencoin looking ready for a nice move! Falling wedge and horizontal support level is exactly want to see to snag a buy, also a trendline supporting the idea. These opportunities can create 50+% chances- it is important to get in and out for the move, as generally the chart is still in an overall downtrend. To re-cap -Wedge -Support level -Trendline -Fractal...
$RVN looks juicy here. Got a good entry. First major resistance 414 sats. I think it blows past that easily.
Got a position but break and re-test of 367 as support is burrish.
Instead of the chart analysis let's proceed with a trade signal... Ravencoin is getting ready to move with massive profits potential. Here are the details... Enjoy the profits. ________________ Pair: Ravencoin (RVNBTC) BUY: 0.00000330 - 0.00000360 TARGET: (1) 0.00000395 (2) 0.00000440 (3) 0.00000470 (4) 0.00000510 (5) 0.00000555 (6) 0.00000580 (7)...
You can buy a little higher but I wouldn't bother, alts are still spooky so that buy zone is pretty conservative Pretty good R/R ratio
Breakout of falling wedge can trigger a trend reversal which can easily give us a 100% profit in the midterm
RVN/BTC (Raven Coin) - Forming Falling Wedge in Daily Time frame. - Major Indicators Are Turning Bullish As Well. - RSI & MACD Bullish Divergence As Well.. - Expecting Breakout in Next 10-16 Hours..(Need Some Volume to Break the Wedge ) Buy Around 290-305 Sats Scalp Targets 320-340-360 Sats Sell Targets 386-449-515-587 Sats Stop Loss Below 270 Sats ...
Time will only tell, but as you can see, we have a repeating fractal pattern very similar to the previous pumps, and alignment with the Bitcoin price that could easily see us with a 250% move. The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down...
Raven $RVN getting setup in a descending wedge. Historically these have been explosive for this coin. The last large growth also happened in the midst of the bear season of 2019. At this moment bitcoin just broke below 10k after a parabolic rise. Hopefully we get to lose some of that steam, and move sideways for alts like Raven to get the oxygen they need. - I...
Experimental TA. Number of fake-outs is similar to the first cycle. This time it's already out of descending triangle, so it might break out soon.
Okay Ravencoin is like the dead bird that will be the phoenix rising from the ashes. We've already seen it come back to life, we have just yet to see it fly. No reason to think it won't, it's a fucking bird. We flying to the moon. 15% or bust
Accumulate : 330-350 Sell : 400-470 Mid-Hold : 510 Stop : Under 330
RVN is close to the historical uptrend line with exaggerated divergence (Red lines) on MACD and RSI . Aggressive pull back on smaller time frames will let us know if the support either from previous point at around 316 sats or HISTORICAL UPTREND LINE is strong. It Already bounced once on 19th of February...will it bounce the second time? depends on market...