Raven coin squeeze with raising RSI
There is pressure squeezing the raven. In between the yellow support and resistance lines is accumulation zone. The break above the yellow resistance with a daily close is bullish move.
This is an idea for entertainment purpose only. The dates and percentages are only educated guesses and are not to be taken literal.
Ravencoin is a digital peer to peer 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 launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community.
Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.
A fork of the bitcoin code, Ravencoin features four key changes:
The issuance schedule (block reward of 5,000 RVN)
Block time (1 minute)
Coin supply (21 Billion)
Mining algorithm (X16R)
This algorithm is intended to address the centralization of mining caused by ASIC hardware. In the X16R algorithm paper, the team behind the currency explains that the fixed order of ordinary hashing algorithms lends itself to the construction of ASIC miners.
However, the X16R algorithm aims to overcome this problem by constantly disrupting the ordering of the hashing algorithms – it uses the same algorithms used in X15 and SHA512, but the ordering of those algorithms is changed based on the hash of the previous block.
Fulll Disclosure. I have purchased a decent sized bag of RVN and will be holding unless support breaks.
Low risk, high reward @ a 50% win rate is all the edge you need to succeed!
This is an idea for entertainment purpose only. The dates and percentages are only educated guesses and are not to be taken literal.
Ravencoin is a digital peer to peer 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 launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community.
Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.
A fork of the bitcoin code, Ravencoin features four key changes:
The issuance schedule (block reward of 5,000 RVN)
Block time (1 minute)
Coin supply (21 Billion)
Mining algorithm (X16R)
This algorithm is intended to address the centralization of mining caused by ASIC hardware. In the X16R algorithm paper, the team behind the currency explains that the fixed order of ordinary hashing algorithms lends itself to the construction of ASIC miners.
However, the X16R algorithm aims to overcome this problem by constantly disrupting the ordering of the hashing algorithms – it uses the same algorithms used in X15 and SHA512, but the ordering of those algorithms is changed based on the hash of the previous block.
Fulll Disclosure. I have purchased a decent sized bag of RVN and will be holding unless support breaks.
Low risk, high reward @ a 50% win rate is all the edge you need to succeed!
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