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Buy RVNBTC when it cross 500.
Target shown on chart.
Hello traders, I hope everyone is having a fantastic weekend.
Lets breakdown RVN - RavenCoin
A once hyped and sought out coin in the markets after being listed on Binance and giving an impressive run.
We are currently have several areas in which we can see clear Supply & Demand.
Our 1D Shows us our current levels are a previous Demand Level for Raven. As long ...
See the 4H chart first:
It seems RVN has hit a major 4H support block within the optimal fib buy zone.
Now if we look at the 1H chart, it seems that we're currently trying to get above this resistance level. Once we do, it should provide us with a retrace into it to retest as support and if bullish, we should see the ...
Previously the RVNBTC was dropped 0.618 fib retracement but now it has retraced more than 0.618 but not more than 0.786 which invalidates the previous BAT formation now it is likely to form Gartley pattern insha Allah, the new buying and selling targets are updated on new chart.
Atif Akbar (Moon333)
Think RVN is soon to bust a move to the upside. Only use Fibonacci to get an idea of potential TP or exits.
My entry: 470
theres been a lot going on about this coin recently
well coming to technicals
1. we have created a big bullish crab pattern on 4H (green harmonic) target near 510ish
2. we have created a nice deep bullish crab pattern (blue harmonic) target near 540 ish
3. we are at a major support too of 500 level (the green BOX )
4. we are at the 55 exponential on daily ...
Ravecoin has been on correction and this still continue till we have a test on at least 61.8% fib level or 78.6% level.
The correction took falling wedge pattern and the pattern may terminate at the end of 61.8% fib level where I have my buy zone suggestion.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible ...
If you are still in RVN get out!!!.
RVN is going to pits here
charts are very clear here..
Watching fib levels for support /resistance. Also watching the 12 period Aroon indicator for an early heads up on a possible reversal to an uptrend
NO COMMENT. DETAILS SEE CHART. TARGET IS 950 SATS.
It appears that the head and shoulders formation has finally completed. Previous research indicates that upon completion of a head and shoulders top pattern the price tends to bounce and attempt to return to the break out point. However, it should be noted that the completion of a head and shoulders pattern marks the beginning of a major trend reversal. ...
The RVN is following bullish BAT sofar insha Allah but if the priceline will be dropped more than buying zone before touching 0.0000072 then the BAT will be invalidated so keep an eye on the priceline if it will start moving up then enter in trade.
Best of luch and regards,
Atif Akbar (Moon333)
0.618 fibo and main resistance, should hold for a rebound to near 700 zone. will see.
I didn't take part in any of those magnificent 320% growth RVN showed lately. Just couldn't believe it will keep on growing. Now that it finished its retracement I'm ready to jump in. I already had my order set for 703, but that night it fell only till 707... only 4 satoshi and my f**king greed seperated me from 10% profit I would have by the time I woke up. Ok, ...
TOOK A WHILE TO MAKE THIS.
~ITS A FRACTAL CHART ANALYSIS OF MY OWN DOING.
~FIBONACCI IN PLAY, EXTENDED 3RD WAVE IN PLAY, AND ELLIOT WAVE COUNTS.
FRACTALS SHOW AND IMPULSE SEQUENCE, FOLLOWED BY A VERY PARTICULAR ELONGATED DOWNWARD POINTING SYMMETRICAL TRIANGLE.