Hello traders, I hope everyone is having a fantastic weekend. Lets breakdown RVN - RavenCoin A once hyped and sought out coin in the markets after being listed on Binance and giving an impressive run. We are currently have several areas in which we can see clear Supply & Demand. Our 1D Shows us our current levels are a previous Demand Level for Raven. As long...
theres been a lot going on about this coin recently well coming to technicals 1. we have created a big bullish crab pattern on 4H (green harmonic) target near 510ish 2. we have created a nice deep bullish crab pattern (blue harmonic) target near 540 ish 3. we are at a major support too of 500 level (the green BOX ) 4. we are at the 55 exponential on daily...
Continuation of last chart with tidier levels and more information to boot.
Main support and block, coinciding with the 0.618 fibbo of the entire uptrend. Should be a nice spot for a rebound, for a minimum move to 700.
Hey guys! Stop-Loss I gave to you before is activated and we are going to see some correction. Fibo 61 is showing us 560 at this moment. So best entry base on my opinion is 530-560. this is our last support so be careful! RVNBTC -8.49% has good momentum and big momentum means a huge profit. - RSI is currently in oversold zone. - EMA is not okay. - MACD...
The chart is pretty self explanatory and I charted this a few days ago and watched it respect the red trend lines and eventually today break the wedge on the same side. I thought I would send this out to all the RVN holders. It has lost the 636 weekly support and will currently try and come up and first touch on the weekly 613 level and try and hold support...
The wedge growing over the past month needs to be broken to allow RVN to move upward again to previous resistance. Heavy distribution needs to be exhausted on a local level before accumulation can allow the bulls to take over.
Raven coin is had a nice run up but retracing back down trying to find support. Currently holding pretty well on the 4 hour. Being that the coin is still fairly new time will tell and we can get a clearer picture from a daily candle perspective!
It appears that the head and shoulders formation has finally completed. Previous research indicates that upon completion of a head and shoulders top pattern the price tends to bounce and attempt to return to the break out point. However, it should be noted that the completion of a head and shoulders pattern marks the beginning of a major trend reversal. ...
Hey, guys hope our PHXBTC signal make you reach :) Now I found another signal. RVNBTC has finished correction so it has attracted buyers. - RSI show us it is an uptrend - MACD is positive and the histogram is green. The possibility of jumping to 850 is high and worth to risk. Buy based on 1 condition uptrend moving from the triangle. See you on the other side :)
Seems like Raven has some correction left to do. It could bounce on the fibs, which seem to line up well with the price movements so far.
RVN is gonna moon This is not financial advice, this is a bird coin kawwwwwwwwwwwwww
Clear Head and shoulders visible on the 1hr chart. This is indicative of a reversal of the previous trend. In this case that would mean a drop back down to the 570 level. Be very careful here. Look for a break below the neckline. It can hover beneath it temporarily and still continue up wards negating the pattern but the diminishing volume only reinforces the...
That first idea yesterday has gone well, it was smart to take some profits at that resistance block which it hit perfectly. Now that we've retraced a bit and are finding new support, we should make a new attempt at that resistance, maybe wick even higher, and if we keep pounding it we'll eventually break it! Original idea by Svarog
• Broke out of recent short term downtrend, using previous resistance/trendline as new support • Broke through 50 MA which it's been following closely headed upwards for the first time since last bullish move • Volume trending up steadily, similar to before previous run-up • Forming a bullish flag on larger time frames • Strong tech/fundamentals: Mainnet...
I didn't take part in any of those magnificent 320% growth RVN showed lately. Just couldn't believe it will keep on growing. Now that it finished its retracement I'm ready to jump in. I already had my order set for 703, but that night it fell only till 707... only 4 satoshi and my f**king greed seperated me from 10% profit I would have by the time I woke up. Ok,...