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Expect #Ravencoin $RVN to find support between 1045 and 985 satThe RSI and volume indicate that there should be a little bit of a consolidation period ahead. The fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between at the 50% retrace and cloud support of 610 Sats can take the price all the way to 1430 Sats . Positive news from the Overstock.com OSTK conference call regarding tZERO and other Medici Ventures and their utilization of the Ravencoin (RVN) protocol to create securities may be moving the price at the moment: Excerpt from Overstock.com , Inc. ( OSTK ) CEO Patrick Byrne on Q4 2018 Results - Earnings Call Transcript seekingalpha.com "Patrick, I want you talk to the next slide on Ravencoin. Patrick Byrne Thank you. Ravencoin is an open-source project towards which Medici Ventures has been especially supportive by contributing labor and mining. The mining of this coin has spread faster than any coin in history. It's 14 months old, the community is very active. We've been supportive of this open-source movement. And although we only own a single-digit percentage of the coins, -- of Ravencoin, it's not just the value of the coins that we find attractive, it is the elegance and robustness of the Raven protocol for digital assets going forward. Next, Raven has a role to play in a number of these Medici companies. It's been designed and developed as the perfect protocol for digital assets, has significant advantages over both Bitcoin and Ethereum . I think, you'll be hearing very significant news about Ravencoin shortly, perhaps as early as this week. It plays a role in the number of the companies in which we're involved, like you're seeing in front of you here. If you know the business model of consensus, one could say that Medici Ventures is like has a similar business model but where consensus is purist about using ether, we are not purist about using Ravencoin but there are four or five companies in there, at least, that look like they will be making use of Ravencoin." The hash power on the Ravencoin network has risen in recent weeks by 120%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. It is a great platform to list private company securities as well as gaming tokens.
by blloyd
2
$RVN breaking out of parallel channel above cloud after E2E #RVNThe fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between at the 50% retrace and cloud support of 610 Sats can take the price all the way to 1430 Sats . Positive news from the Overstock.com OSTK conference call regarding tZERO and other Medici Ventures and their utilization of the Ravencoin (RVN) protocol to create securities may be moving the price at the moment: Excerpt from Overstock.com , Inc. ( OSTK ) CEO Patrick Byrne on Q4 2018 Results - Earnings Call Transcript seekingalpha.com "Patrick, I want you talk to the next slide on Ravencoin. Patrick Byrne Thank you. Ravencoin is an open-source project towards which Medici Ventures has been especially supportive by contributing labor and mining. The mining of this coin has spread faster than any coin in history. It's 14 months old, the community is very active. We've been supportive of this open-source movement. And although we only own a single-digit percentage of the coins, -- of Ravencoin, it's not just the value of the coins that we find attractive, it is the elegance and robustness of the Raven protocol for digital assets going forward. Next, Raven has a role to play in a number of these Medici companies. It's been designed and developed as the perfect protocol for digital assets, has significant advantages over both Bitcoin and Ethereum . I think, you'll be hearing very significant news about Ravencoin shortly, perhaps as early as this week. It plays a role in the number of the companies in which we're involved, like you're seeing in front of you here. If you know the business model of consensus, one could say that Medici Ventures is like has a similar business model but where consensus is purist about using ether, we are not purist about using Ravencoin but there are four or five companies in there, at least, that look like they will be making use of Ravencoin." The hash power on the Ravencoin network has risen in recent weeks by 120%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. It is a great platform to list private company securities as well as gaming tokens.
BITTREX:RVNUSDLong
by blloyd
$OSTK holdings of $RVN may dwarf $10MM proj. 2019 retail profitRevenue from mining combined with the appreciation of Ravencoin holdings may be higher than the $10MM in projected profits of their retail operation in 2019 and provide capital along with VC investments to fund some of the blockchain endeavors of various companies under Medici Ventures. The fundamentals surrounding Ravencoin are some of the most bullish in crypto. Take a look at the number of organizations developing securities on the platform here: www.reddit.com The recent move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR . Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between at the 50% retrace and cloud support of 610 Sats can take the price all the way to 1430 Sats . Positive news from the Overstock.com OSTK conference call regarding tZERO and other Medici Ventures and their utilization of the Ravencoin (RVN) protocol to create securities may be moving the price at the moment: Excerpt from Overstock.com , Inc. ( OSTK ) CEO Patrick Byrne on Q4 2018 Results - Earnings Call Transcript seekingalpha.com "Patrick, I want you talk to the next slide on Ravencoin. Patrick Byrne Thank you. Ravencoin is an open-source project towards which Medici Ventures has been especially supportive by contributing labor and mining. The mining of this coin has spread faster than any coin in history. It's 14 months old, the community is very active. We've been supportive of this open-source movement. And although we only own a single-digit percentage of the coins, -- of Ravencoin, it's not just the value of the coins that we find attractive, it is the elegance and robustness of the Raven protocol for digital assets going forward. Next, Raven has a role to play in a number of these Medici companies. It's been designed and developed as the perfect protocol for digital assets, has significant advantages over both Bitcoin and Ethereum . I think, you'll be hearing very significant news about Ravencoin shortly, perhaps as early as this week. It plays a role in the number of the companies in which we're involved, like you're seeing in front of you here. If you know the business model of consensus, one could say that Medici Ventures is like has a similar business model but where consensus is purist about using ether, we are not purist about using Ravencoin but there are four or five companies in there, at least, that look like they will be making use of Ravencoin." The hash power on the Ravencoin network has risen in recent weeks by 120%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. It is a great platform to list private company securities as well as gaming tokens.
Long
by blloyd
$OSTK tests cloud support prior to earnings.It looks like this could be the bottom of wave 2 of 5 in this impulse wave pattern. Wave 1 topped out at $23.40. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. Healthy traffic levels on overstock.com over the last quarter of 2018 are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their markets of tokenized securities, land titles and voting on the blockchain. Short interest is maxed out. The possibility of an announcement this coming Monday having to do with the sale of the retail operation coupled with the high likelihood of a venture capital investment in their blockchain startups gives OSTK a lot of upside potential.
OLong
by blloyd
$RVN Cloud support around 610 sats E2E move $OSTK #tZERO #MakaraThe move is likely a result of Ravencoin's close association with tZERO and the MOU for up to $100MM by Makara and GSR. Both are highly successful VC companies in Tech, now entering the FinTech space. The next target following a demonstration of support between 610 and 570 Sats can take the price all the way to 1492 Sats. It is likely that this move will be delayed by the due diligence process currently underway. The hash power on the Ravencoin network has risen meantime by 50%. The price and hash power will have to go much higher to provide the necessary security level to use it as a platform for listing high-valuation securities. In the meantime, it is a great platform to list private company securities as well as gaming tokens.
Long
by blloyd
3
$OSTK $100MM Makara, GSR investment due diligence processingIt is interesting to me that the price dipped at all. It looks like many traders are confused about the meaning of what an MOU is. Donald Trump recently was confused about it when the term was being used for the document spelling out the trade agreement with China. www.stockme.info Regardless of that, it looks like the wider ABC corrective wave is now complete and found support on the cloud a second time at $17.25. The chart above shows what the next impulse wave may look like while folks digest the impact of a $100 million investment in Overstock subsidiaries tZERO and Medici Ventures leading up to earnings.
OLong
by blloyd
What the current $OSTK impulse wave might look likeTo understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their markets of tokenized securities, land titles and voting on the blockchain. Short interest is maxed out. The possibility of an announcement this month or next having to do with the sale of the retail operation coupled with the possibility of a venture capital investment in their blockchain startups gives OSTK a lot of upside potential and the market is taking notice.
OLong
by blloyd
$OSTK bounce off cloud support, bullish Senkou span cross.To understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00. Today appears to be critical but the uptrend still holds even below these levels, if the cloud support does not hold the next level of support is $16.38, this price will also coincide with secondary cloud support in a few days. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their markets of tokenized securities, land titles and voting on the blockchain. Short interest is maxed out. The possibility of an announcement this month or next having to do with the sale of the retail operation coupled with the possibility of a venture capital investment in their blockchain startups gives OSTK a lot of upside potential and the market is taking notice.
OLong
by blloyd
#Overstock low volume selloff, uptrend still holds. $OSTKTo understand the low volume selloff take a look at a Bitcoin chart. While OSTK is highly volatile $18 will likely hold before the next leg up to $24.80 - $25.00. Today appears to be critical but the uptrend still holds even below these levels, if $18 does not hold the next level of support is $16.38. Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their markets of tokenized securities, land titles and voting on the blockchain. Short interest is maxed out. The possibility of an announcement this month or next having to do with the sale of the retail operation makes OSTK even more interesting and the market is taking notice.
OLong
by blloyd
$OSTK on a faster upward trajectory now $24.80 nextWhile OSTK is highly volatile it found support above the 50day EMA and is maintaining the uptrend. $19 will likely hold before the next leg up to $24.80. OSTK now has a bullish EMA 25 over 50 cross as well as MTF momentum having realigned to the upside. This next move will not take long and will likely break the pitchfork to the upside. Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their respective markets of tokenized securities, land titles and voting. Short interest is maxed out. The possibility of an announcement this month or next having to do with the sale of the retail operation makes OSTK even more interesting and the market is taking notice.
OLong
by blloyd
$OSTK center of uptrend pitchfork above 50 day EMA $24.8 next While OSTK is highly volatile it appears to have found support here above the 50day EMA and to be maintaining the uptrend. $18 will likely hold before the next leg up to $24.80. Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their respective markets of tokenized securities, land titles and voting. Short interest is maxed out. The possibility of an announcement this month or next having to do with the sale of the retail operation makes OSTK even more interesting and the market is taking notice.
OLong
by blloyd
LONG $OSTKAs we can see from the above chart, overstock as been down significantly since its peak in February. Since I began analyzing this stock, it is clear that it runs closely with the cryptocurrency market as it announced it would be implementing this on their online platforms (blockchain and cryptocurrency capabilities). After diving deeper, I believe this stock will rally coming into the next earnings season if the fundamentals look good considering their revenues have been up year after year this idea isn't far fetched. This also could be a potential buy out opportunity in the future with a larger competitor such as amazon.
OLong
by goodppldonttrade
OSTK: Possible Support After SEC Probes Into ICOs3.2.18 The sec probes have added uncertainty to many bockchain companies with icos and this has negatively impacted stock prices. The fear in the market, however, is unfounded since the findings of these probes has yet to be released. the SEC's actions seem to be precautionary and are not specifically targeting bad actors. This means that retail investors may be able to buy ostk at a significant discount in the short term. The market seems to be going sideways, and makes swings for those having bought in around 60/share a bit uneasy. The market could head south out of fear and uncertainty. uncertainty with the sec probe and earning for last quarter. the earnings may be negatively impacted by the btc/bch debacle, which could have lost ostk quite a bit of money. A bounce off the 50 LEVEL is hopeful, but if this breaks then be looking for a return to the 40 mark. This is assuming no affirmatively bad news for the company. If there is a bounce up be looking for new resistance around the 56 level gap. None of this is trading advice and is only the opinion of a retail investor. You are responsible for your own market decisions.
O
by JuvianJulianHernandez
1