The Hitman is showing us a nice buy-Signal on the RVNBTC Daily Chart. Ravoncoin has been pumping up several times before, for about 40%. This could therefore be a great opportunity to earn some money. But be carefull, it is still below SMA21 and SMA55 and the buy signal appeared on a candle, that is not closed yet. But it is well worth it to watch it...
this is an overlay of the first bull market from RVNBTC to current situation. Seems to be out of gas for the upcoming time. If this pattern sticks for a wile be ready to buy the upcoming months for a end-of-the-year rocket ride.
Reclaiming ~300 sats level with increasing volume and hodling there, trying to flip it into support
UCTS Starting to turn green on lower TFs
MACD bullish divergence.
If it gets traction from here, a new leg up with 1st target at ~340 (10%+) seems possible...
The price of Raven coin is extremely tight on the long-term and medium-term chart.
Raven s strongest support from the bottom is around 270 satoshi.
This is close to the strongest support from the bottom, and the price tightening at the current price gives him a great potential to rise.
With the falling trend breaking through volume, the raven coin...
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...
In weekly chart, raven has no room for correction.
It look like its finished. And we are seeing some volume coming in today.
$0.04 will be resistance. If it pass this level possible to launch a rocket. We'll see.
(I excluded scam wick from the count)
Ravencoin is a good fundamental project also it is quiet decentralized(very less left as of now) there are individual miners which are mining RVN, and when miners especially individual ones are joined into mining a coin you have the idea that it's not going to fail or is a Scam. Even Raven had no funds raised or premined and is a working protocol.
Looking at the...
Altcoins are in a tough spot with how bitcoin is rallying atm. Alts tend to find buying when bitcoin is sideways (people move their btc to alts from bitcoin).
I am watching RVN as I believe it has decent upside potential and is approaching levels of support.
Entry: 295 sat
Stop loss: 290 sat
Take Profit: 310-315 sat
Expected Call Duration:
Call strength: low-medium
Call risk: low
Brief Summary: Because of the quickly compressing 200 (purple) range, we may set super-tight stop losses and reduce the risk to low, even if this don't pan out. The target is the upper 50 (turquoise) Bollinger Band, or the 200 (purple)...