RVN is forming a falling wedge with potential rise at .14 or .11 depending where Btc stands with target of .20-.23. We will find out RVN’s movement and target after BTC breaks down with a target of 42-44k
Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-No MACD / RSI /MA/FIBONACCI
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
-no moonboy/crazy targets
this alt is in a big scale sideway which has a tend to be bearish (like a 3 degree trend) anyway the chart has the potential to be pump soon which shadows in the chart calls for it and we don't want to miss such a thing as a trader or profit hunter or scalper or even a HODLER
👉This idea has the confirmation of "advanced price action"
👉For more information don't...
RVNUSDT - It is about to start the correction of 2nd subwave of 5th wave and may retrace up to 0.155 zone before it resume the next up move as 3rd of 5th wave.
Give a thumbs up if you really like the Elliott wave analysis.
Let's see what we can expect from this scenario!
Our previous buy level is still the same and in this scenario we have two targets !D and E point!
For longer term buys wait for wave E end point !For progress of this scenario will need few month!
RVNUSDT is making an ascending triangle in the 4h period. Once it is broken upwards with a good volume and after a possible re-test, it is good to open positions. Resistance and support levels are given in the graphic. This is not a financial advice.
RVN has been seeing consolidation since its amazing run up in March. With the most recent BTC dump, RVN found support around the $0.12 area. When connecting the highs and lows, a clear horizontal channel is visible.
This trade assumes that RVN will follow the horizontal channel in the short-term, potentially breaking out of it in the future.
Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is...