💎Technical Analysis Summary💎
BINANCE: RVNBTC
-Ravencoin is on a strong downtrend movement for the past months
-At the moment, the price has reached the 1.618 Fib reverse support
-It might be a good buy zone for long term investors
-But for traders who are just looking for a swing position
-They wait for proper confirmation or Bullish signs
A big Thanks for...
RVN/USDT
-pattern breakout
-the indicator flashes a Long signal
-trade priority is up
-new immediate support at 0.020
-upside potential is up to 0.029
-key stoploss is below 0.019
RVN/BTC
RVN broke yearly long key support area at 270 sat level with this, a new market structure is going to be re-established.
The bullish side here is RVN is going to respect this huge descending channel which by technical should break to the upside in the future.
It is a long way to go as the market is full of fear and blood in the street.
But this is a...
RVN/BTC
RVN broke a key support area at 292 sats which invalidated the current market structure.
By breaking key support levels especially if the area of confluence that acted as strong support for many months.
This signal a strong bearish momentum resulting in another market structure to be developed again for the next 1-2 months.
The RSI hasn't reached...
Priceline of Ravencoin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000429 to 0.00000420
Sell between: 0.00000437 to 0.00000455
Regards,
Atif Akbar (moon333)
Priceline of Ravencoin / Bitcoin cryptocurrency is forming a bullish Shark and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets
Buy between: 0.00000357 to 0.00000353
Sell between: 0.00000363 to...
