RVNBTC Ravencoin / Bitcoin 1D BINANCE up to 25FEB19 Trading Analysis (TA) 1D Chart, Ravencoin (RVN) has been diving below the 100/200 MA signals, MACD Histogram and 50 RSI line since one month after its launch in October 2018, on January 22 2019 tested the 100 MA signal and the 60RSI Line but could not make it that time, bouncing down to the 30RSI line, where...
Return to accumulation range with a falling wedge structure. Good for long term hold in my opinion.
RVN has a big bear trap trying to FOMO the greedy people in. First of all, the 50 MA crossed under the 200 MA which is a clear BEARISH scenario and confirms our bull trap. Second, RSI & OBV clearly indicates that first it's overbought and the OBV shows that it didn't have the huge volume it needs (like the older pumps $RVN) had to push it over. Comments are...
Ravencoin (RVN) Overview Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another. Ravencoin (RVNBTC) Chart Analysis I've been looking at Ravencoin (RVNBTC) at the request of one of our supporters, waiting for some reversal signals. These signals that I was waiting for are now starting taking...
Inverted Hummer Confirm the Double Bottom buy above the Inverted Hummer day High
Looking at this full retrace on the Daily for BINANCE:RVNBTC we have two options, prepare for flight or a slow fall into madness! I'm on the side of taking a chance at these levels. Does this bird still have wings in your opinion?
buy: 281~294 target 1 : 290 target 2 : 297 target 3: 302 target 4 : 307 target 5 : 314 target 6: 323 target 7 : 334 target 8 : 348 stop : 270
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
bearish slowly turning bullish when the price bounces i smack it down
RVN is at the bottom of the descending wedge, it should at least recover to the top around 320 sat. RSI and Stoch indicate we're extremely oversold and hitting a double bottom here from when it was listed on Binance where it pumped 5x
breakout already took place, hoping to hit the measured move. this is not a financial advice. do your own research. Good luck :)
RVNBTC RavenCoin / Bitcoin BITTREX 12H up to 07FEB19 Trading Analysis (TA) 12H Chart, RavenCoin (RVN) by January 21 (1), was able to break over both the 100/200 days MA signals, along with an ascending movement from 40 RSI to lightely touch the 70 RSI (2) and bounced back until below 30 RSI (3), now the RSI crossed over 40 RSI, the MACD signals are about to...
Descending Triangle on RVN, didn't spot any bullish divergence on the RSI though. We are just a few weak levels away from the all time low on Binance.
*DISCLAIMER* - This post is just for fun. It is not meant to be considered accurate information. I own some Ravencoin so this may be biased despite my best efforts to be as objective as possible. Everything contained within this post is my own opinion and should not be treated otherwise, do your own research!...
RVNBTC seems to be in a falling wedge, and could have found a support for now. I might enter later when we get closer to the resistance line if still at this level. But with bitcoin being untradable at these levels, we don't know what to expect for alts. Will keep an eye on it.