On bullish cycles corrections tend to last between 2-3 months.
Ravencoin (RVNBTC) went bullish after the May 2022 low, hit a peak in September 2022 and the correction has been going for more than 3 months (126 days).
Yesterday a low was hit with bullish divergence on the RSI.
It is early to say that a low is in but today's bullish action is really strong and a...
Hey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
Recently we caught a nice trade of RVN as below:
Now on a 4hr time frame, RVN has formed a bullish Gartley pattern with Bitcoin pair.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
Previously I shared a long-term trade setup for RVN, which is still in play as below:
Now on a 4-hr time frame, RVN has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't...
Price action is trading above the mean and now testing it's previous resistance turned support.
I would say that there is a good probability of rejection to the upside.
Ravencoin (RVNBTC) is showing some bottom and recovery signals but first, let's look at the long-term chart.
Chart:
We can see a 1330% potential from the current price to the All-Time High, but we are more conservative and we target smaller waves.
Let's zoom in... RVNBTC Weekly
Here I am focusing on the higher low long-term.
We have date since late 2020 all...
RVN broke down from 143 sats level which was its horizontal support and 0.786 fib level.
It has retested this level and is about to go down in the coming weeks.
This has massive potential after ETH 2.0 because miners will shift to rvn because eth will no longer remain mineable which will increase ravencoin's price.
Buyers can look to buy at the supports...
RVN showed me huge and giant bullish divergence and massive buy orders , the BTC Pair is best for grow your BTC balance during Market Crash .
Have a nice Day....
Targets and other informations are on Chart .
Ravencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved.
Earlier the reward for mining a block was 5000 RVN but after the...
Welcome to this quick RVN/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-RVN/BTC tringle pattern conform and retest buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
0.00000175,0.00000200
Traget:- 150% to 200%
Stop loss:- 0.00000116
Remember:-This is not a piece of financial advice. All investment...
$RVN
Highest daily volume since November on a 20% bar
UCTS signalling a buy signal a few days ago (10% up already)
Willing to see if its able to hodl/flip this area as signal of continuation toward ~240sats + (15%)
#RVN
nfa;price target each their own.
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the curtains has opened...
emotions have become untamed;
stage fright kicks in- way to overcome;
tunnel vision; listen and appreciate birds sounds--- spotlight not on me.
:talk to yourself, overcome scrutiny' - muting everything except you..
thoughts has been complex; ..disbelief, love blinding:
(John 1:5) , et lux...
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Illustrated above are my expected price targets for RVN.
I will take profit in partials of 25% for each target.
Once 4th and final target is reached i will then enter
SHORT and update this chart for a follow up of the
down move.
It is currently in a very good condition and if it can break the resistance of 400 Satoshi, it will continue up to 600 Satoshi.
TP1:300SAT
TP2:400SAT
TP3:500SAT
TP4:600SAT
TP5:1000SAT
BINANCE
