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.
So, I am sure you have forgotten all the HYPE about RVN.
Raven the Bitcoin 2.0! They screamed and yelled. MOON! And what not.
Well, yeah 1-2 is great like that, just look at HOT.
The real $$ come from 2-3 Wave :)
So i hope u are starting to load up on RVN. With a tight stop of sub 350. Do yourself a favor and replace that one BTC and get a RVN.
Why?
Well,...
Good morning! RVN has been a coin i have been keeping my eye on for a while. Price action is very much slow and little volatility going for it, maybe because we are at the end of the falling wedge that has been forming?
To be a valid, both the resistance and the support line need to have a “steep” down slope. The price should be narrowing into a tight range.
The...
Im expecting Reverse RSHS pattern from RVN. It will a liitle bit more time in order to comply with left shoulder. Pattern can be finalize at this evening and start rising. Pls do not forget keep your stopp loss positions to avoid imposing from BTC major movements.I expect profit realisations from BTC soon.
Pair: RVN/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Technical Analysis
- Broke Downtrend
- Strong Volume
- Broke Resistance
Our Entry Zone
0.00000350 - 0.00000410
Our Targets
1: 0.00000540
2: 0.00000640
Our Stop Loss: 0.00000300
Don't forget to hit that like button and give us a follow , we really appreciate it!...
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
HEY HEY HEY, WHAT'S ROLLING, HOW IS IT GOING GUYS, WHAT ARE YOU UP TO?
HERE'S ANOTHER HIGH QUALITY SETUP FROM NICERYDERS, WE DELIVER THEM HOT OFF THE STOVE.
THIS IS RVN BTC 4HOUR BINANCE CHART.
GREAT BULLISH RECOVERY COMING TO THIS SPACE WITH OUTSIZED GAINS. 40% UPSIDE IS POSSIBLE IN THIS IHS PLAY (INVERTED H*S).
WE ARE EITHER AT THE BOTTOM RIGHT NOW OR VERY...
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...
![RVNBTC: RVN - 65%+ Potential Profits! [FREE TRADING SIGNAL]](https://s3.tradingview.com/v/VOebcQA9_mid.png "RVN - 65%+ Potential Profits! [FREE TRADING SIGNAL]")
 RavenCoin Finds Support - What Next?](https://s3.tradingview.com/a/abi6Amtt_mid.png "[RVNBTC](44%+ PP) RavenCoin Finds Support - What Next?")
