RVN has been forming bearish structures in the short term. Now that it fell back to accumulation zone and retested two times for a perfect double bottom the top of previoous accumulation and brokeout of short term downtrend, it's ready to start another push upwards to higher short term targets. Enjoy!
RVN on Support - This trade drove home the importance of getting a GREAT entry vs an immediate fill. When I first looked at this, price was sitting @ 300 sats but I saw near-term support on the 4hr extended down to .000002960. I decided "I need a clean entry more than I need a quick one!" This morning when I woke up I was in @ 2960! With the market a little unsure...
Rvn will go full bull run to 3600, if the channel breakout!
Rvn will go full bull run to 3600, if the channel breakout!
After breakout of this channel RVN going for full bull run to 3600 satoshi!
BINANCE:RVNBTC try to back to right place after bitcoin down to 8600 do you think it's correction or back again after bitcoin effects on market ?! give us your idea
RVN HAS BULLISH HARMONIC CRAB PATTERN . LET'S SEE WILL WE CATCH THE TARGET PRICES?
Technical analysis: . RaventCoin/US Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0251 to 0.0192). if so, traders can set orders based on...
Technical analysis: . RaventCoin/US Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0251 to 0.0192). if so, traders can set orders based on...
- Still in the falling wedge -Waiting for a break up - Indicator are positive. - Target 350-370 Good luck.
The way I see it, Ravencoin could either continue it's uptrend, or resume the downtrend. From an R/R standpoint, betting on a long right now seems like a decent idea. The RVNBTC chart (not something I regularly look at) also looks relatively bottomy.
Ravencoin is currently in "accumulation zone" and bouncing between support and resistance. We are waiting for a potential pump as has happened before when it broke the resistance. Buying on support at around 280 would be a riskier trade since the pattern looks like a descending triangle, but we will buy if it breaks the resistance above.
Good afternoon. My view of this situation. You may have noticed a similar scenario, now the scale is larger. 1) look at the big red circles that I noted. They completely repeat each other. (You can’t immediately say that they repeat each other, but because of interest in purchases, the time frame is different, so the schedule for the second circul is...
RVN ANALYSIS: RVN has shown major strength at its current support. After recently bouncing off the 290 support range, the 100MA has held as a short term support. A scam wick was quickly eaten up upon entering this point near 315 sats. I expect the 200MA now to be broken within the days to come, followed by a spike up to T1 at 370 sats. This will show the bullish...
Inverse head and shoulder and a few other indications lead me to believe RVN could be a winner in the immediate term. This is not financial advise, but just an idea. Let me know your thoughts!
Maybe a nice trade? What do you think?.. I am not an advisor. Like if you appreciate my work.
Ravencoin; About to test the support line in the rising wedge and RSI double bottom test-(bullish)Gartley Pattern. After the end correction movement, looks like new bullish trend and it's seems like there are possibilities to occur Cup, C&H and Crab Patterns. Good luck!