If it breaks out of the top of this consolidation wedge I expect to see it plugging higher through the weekend to the 2200 to 2250 range or $0.088. The cycles are accelerating as the pattern becomes more obvious to ever-larger numbers of crypto traders. This will continue until it breaks down due to a FOMO driven event which drives the valuation sky high followed...
When I look for targets for most of my trades, I focus on the last peak or all-time high, so the earnings potential are almost always capped at the last ATH. Ravencoin (RVNBTC) broke its all-time high and can go even higher on a fifth wave. I keep mentioning that just as new lows can be created (just like it happened throughout the recent bear market), new...
Hello Everyone! Raven coi has been making big moves in the last few weeks ultimately being as low as 260 sats around the beginning of February. This coin is unstoppable and i am extremely BULLISH on RVN. On the chart above i posted a few targets for RVN, 1 target around 2000 sats as 2000 sats is a psychological level when it comes to trading and 2nd target i...
Let the FOMO flow through you for a few days and set low limit orders around 1200 or so.
First published idea :) . Probably RVN is going down to fib levels. 4 hours 30 minutes Set-up Buying between 1250 and 1000 Stop loss 950 sats Target, each fib lvl, 1561, 1676, 1791. Good idea ?
Likely support 1210 to 1150 Sat. The cycles are accelerating as the pattern becomes more obvious to ever-larger numbers of crypto traders. This will continue until it breaks down due to a FOMO driven event which drives the valuation sky high followed by a crash. This has not happened yet. The movements in price are still relatively orderly despite a very high...
still waiting for one more touch of the bottom of the triangle to complete the E, then i expect a brake out and hit of my target. if you've found this useful, feel free to donate. thanks. BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
The cycles are accelerating as the pattern becomes more obvious to ever-larger numbers of crypto traders. This will continue until it breaks down due to a FOMO driven event which drives the valuation sky high followed by a crash. This has not happened yet. The movements in price are still relatively orderly despite a very high appreciation rate. From a...
Technical analysis: . PEERCOIN/BITCOIN 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 51. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. . The price downtrend in the daily chart...
Rising wedge, falling volume, MACD topped out.
The MACD indicates that this move is topping out. On the 15 min chart cloud support is now lining up with the last high around 1210 sats.
After Raven made new highs, I was expecting it would retest that previous resistance. Right now it seems like RVN is not stopping yet, and could possibly be in wave 3 of the Elliott Wave theory.