Falling wedge breaking out for #RavenCoin. Volume spiked and both 6h and 1D Buy Signals from the UCTS were triggered. MACD Bullcross and RSI rising. Price currently at EMA50(green) resistance. If it keeps breaking up, I have drew Fib Levels for potential targets
As much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC . IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO. I do not want to do over analysis on this and tried to keep it simple and on point. I also see this small uptrend as...
Actually RVN formed similar chart to many alts - parallel channel where the price is currently almost at the bottom. For us it means that next BTC move will do the move for all. If it go up most of alts will fly to upper channel with possible breakout. But that is a long way from now. So far I am waiting for it at 370-375 support zone and keep faith in BTC and...
Raven is an interesting coin. It was the first to really pop off during the alt pops the latter half of this year. Right now it is looking sexy to go up. Every reason is explained on graph. - namnaste
Look for the following signals: MTF momentum strategy indicates lower timeframes now aligning with the daily chart. Tenkan/Kijun cross looks to be imminent. Long term Down channel broke sideways some time ago indicating that RVNBTC found a bottom. This is all contingent on BTCUSD continuing its move toward $4800 which is looking ever more likely.
RavenCoin (RVNBTC) has been retracing since its October's bull run. Now, the charts are looking ready for a move up according to some early signals. Let's take a look and open a trade. This is done by request, so please hit LIKE to show your support. Here are the early signals coming from the daily chart: RavenCoin (RVNBTC) Chart Signals Volume has...
Pretty simple Falling Wedge breakout. Target 529 Satoshi's
Alt Coin Analysis - Points out of 10 Date : Since 2018 ( 1 / 10 ) Volume 24 H : 15000 BTC ( 7 / 10 ) Available Markets* ( 3 / 10 ) Social Media Rate ( 4 / 10 ) Ranks ** - 60 ( 8 / 10 ) Website ( 4 / 10 ) Type Enabling users to issue tokens on a secure and decentralized blockchain. Overall ( 4 /10 ) Ravencoin is still pretty new to crypto family. It has...
I'm going long on $RVN. Fundamentally, it strikes me as a good project. Psychologically, I'm gutted that I missed out on a trade recommendation earlier this year, so want to make something on it before the year is out! Looking at the 4 hour chart: Price is above and looks to have found support on the 13EMA Clearly defined risk with stop set just below recent...
Ravencoin creating a continuation head and shoulders pattern. Still watching for the same resistance area above is this doesn't play out short. There is room below here folks.
Raven had an amazing bull run, one of those to remember. Correction was the same. Now it shows some signs of starting to grow again. Lets see if it stays above lower trendline. In this case we might see even higher highs in December. New cycle may bring a downtrend as well, especially if Bitcoin fall. In this case it may hit 400 before starting to grow again. So...
Ravencoin started a new uptrend after a breaking out of a triangle. Bullish MACD Crossover on the 4H after a deep correction. The RSI is indicating that there's room left to grow, so we might hit the first resistance in the next 2 days. Buy: 0.00000450 - 0.00000490 Target 1: 0.00000569 Target 2: 0.00000647 Target 3: 0.00000815 Target 4: 0.00001000 Please trade...
I am looking at Ravencoin (RVNBTC) after its massive really and it might be settling soon. Looking at the charts, it looks like it needs more time. If it can break and stay above EMA200 (orange line), then RVNBTC can go bull. While below this line and EMA100 (blue), it will continue consolidating sideways-bearish until the next wave up. I will keep an...
RavenCoin gaining positive momentum in the short term, if it can break the resistance level at 493 satosis i would consider entering a long position, or if it finds support on the 449 level then i would also enter the position and trade by moving averages / heikin ashi candles. More details on the chart. Feel free to check out my open scripts, feedback and...
Raven vs USD long setup. Ticker to be found on Binance vs BTC. rvnbtc that is.
• Was using 200MA as support for a while, fell through and started using it as resistance. Now, it has broken through and hopefully will begin to use it as support once again • 50MA was resistance for entirety of downturn, finally burst through with strength • Buy zone: 470-490, essentially at 200MA. Short stop right below. Bounce off 200MA would be EXTREMELY...
Technical analysis: . RAVENCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: ....