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.
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Here are the early signals coming from the daily chart:
RavenCoin (RVNBTC) Chart Signals
Volume has been ...
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 ...
Added some RVN yesterday at 343 sats, as that has been a good place to get some bids filled as of recently.
Looks like support around the 350 area is potentially getting weak, but I am hopeful we may see a bounce here soon. I am long on RVN as it is a project that I like fundamentally, and I am hoping to make a mid-term flip here.
Weary of Bitcoin's recent ...
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 ...
Subjectively we see the sector is relatively risky for an order, we will decide to wait for this transaction code after the end of this week to confirm the trend. This week there will be slight downtrends before entering the downtrend as the chart. You need to watch the candle end this week to get the trading decision to sell or not
I'm going long on $RVN. Fundamentally, it strikes me as a good project. Psychologically, I'm gutted that I missed out on a trade recommendation earlier this year, so want to make something on it before the year is out!
Looking at the 4 hour chart:
Price is above and looks to have found support on the 13EMA
Clearly defined risk with stop set just below recent ...
What's up my crypto fam! He is an EASY 100% gain on ravencoin. Quick profit. I know everyone already in my group made nearly 75% on my BitMEX call yesterday and if your not already in my ZOOM LIVE CHAT CRYPTO TRADING COMMUNITY I HIGHLY SUGGEST you message me and join!
Expected targets are listed above in the chart.
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.