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...
BUY : 3560- 3600 TARGET 1 : 3920 TARGET 2 : 4550 TARGET 3 : 5360 STOPLOSS : 3380
Wanted to chart Raven here, there has been a lot of moves made with this coin throughout 2018. I have had some small bids fill around the 380 level, as 355 sats is acting as a nice level of support. Some resistance around 500 sats, for now it appears to be ranging between 355 - 500 I could see the 355 support breaking down if the market takes a significant...
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...
Looks like a move to 500sat is within reach even if this is just a Bitcoin relief rally and not a bottom.
Subjectively we see the sector is relatively risky for an order, we will decide to wait for this transaction code after the end of this week to confirm the trend. This week there will be slight downtrends before entering the downtrend as the chart. You need to watch the candle end this week to get the trading decision to sell or not
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...