Ravenbtc
Please comment on my idea. Thanks.Raven had a huge rally couple months back and lately it has entered a long period of consolidation period which is actually a good thing.
It tried to breakout to the upside couple times in that period but can not. Therefore one should definitly wait 1-2 candle to close above the trendline before entering any trade. Also yesterdays volume was pretty good but cant manage to breach the trendline and now volume is decreasing. Therefore caution is advised before entering this trade.
Good luck and be responsible with your hard earned money!
Always watch out for opportunities but be carefull.
Ravencoin [RVN/BTC] on July-08 (#RVN #RVNBTC)RVN is still left behind while most other coins are pumping up. This is a bad sign in an uptrend because there will always be coins that never pump in Altcoin season but only suddenly pump in an unclear trend.
RVN can go up to 230-250sts and even 280sts
However, always be ready for a stoploss below 195sts
Ravencoin- RVN/BTC Long. Targeting double-Strong accumulation potential as volume profile at given levels is high.
-Washed out to new lows and trending upwards since along with rsi (although neutral volume could indicate that this move may take some time)
- Looking for a double around 350-400sat.
-TD9 + 1 ,2 3, 4 sequence of candles after may suggest that the bottom is in.
-Yellow is the buy zone and red is the target zone.
Goodluck :)
RAVEN Broke out from descending triangle pattern.Hello friends,
We are looking at RVN against the BITCOIN on the 4H or medium timeframe here.
It looks like we have broke out of a 4 month bottoming pattern right now, at the same time when Bitcoin also broke bullish.
This can get quite profitable as RVN has shown insane pumps in the past.
Right now lets aim for a modest 25% gain and from there on evaluate further.
Entry: 0.00000430 (about now)
Target: 0.00000550 (0.23 FIB Resistance)
Stop: 0.00000343 (Manual stoploss after a daily close)
Thanks and best regards, Thumbs up and subscribe for more.
RVNBTC formed bullish BAT | A good long opportunityPriceline of Ravencoin / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000384 to 0.00000381
Sell between: 0.00000390 to 0.00000400
Regards,
Atif Akbar (moon333)
RVNBTC hits the support of channel | Upto 285% profit potentialThe priceline of RavenCoin cryptocurrency is moving within an up channel and making higher highs and higher lows.
Now the price action has touched the support of channel again after Feb 2019.
Every time when simple moving average 7 crosses down the price action then price action gets strong bullish and makes new high and this time the MA 7 is again touching the priceline to cross down the candle sticks again.
In the meanwhile the MACD has turned weak bearish from strong bearish and soon it will be turned bullish.
The stochastic is in oversold and has given bull cross.
Even though the priceline is epected to make a new high but I have defined sell targets using Fibonacci method and these sell targets are as below:
Sell between: 0.00000807 to 0.00001302
Regards,
Atif Akbar (moon333)
Has Raven Found Support At The End of June for a Bullish July?We've been hearing a lot of buzz on Twitter about this company "#Raven" and it seems like it's starting to build some support around the 0485 level. Being valued at $0.06 in USD this one budget friendly investment that can make you hundreds if not thousands of dollar if you simply buy and hold.
I wouldn't suggest trying to scalp this asset because in the long run you will ultimately miss out on all the money you would have possibly made just from holding it. Stick to buying the dips on the particular coin because we can definitely see this getting listed on coinbase very soon.
Play with RavencoinThis coin have decent volumes and did some good performances before.
Weekly is descending but can still play with some Bounces if it fall down.
Daily Timeframe :
RSI stabilised but not touched down for now.
MACD still going down and not going to cross for now.
i didnt use Stochastic because its flat.
So to safe buy this coin have to wait it moves down :
First Buy shoul be Around 1050-1080ish ( no all ur invest!)
Second Buy around 900ish.
Safe Sell 1380ish.
And as always check BTC King as influencer.
Happy Tr4Ding !
$RVN Reached 1700 sats & over 400% since UCTS buy signal
~1550sats as support, falling below would be the 1st breaking down in the entire trend up..
Volume looks is falling slowly.
If break happens ~1150sats or 0.5 fib retracement lvl as target.
Bearish divergences everywhere (RSI, MACD, CCI, STOCH etc)
Dont get trap!
#RVN
Raven: Last Wave before Big Correction?Hi.
We are probably doing the fifht wave before to get a good correction in ABC .
I expect we could hit TP3.
TP1 : 0.00001724 btc
TP2 : 0.00002136 btc
TP3 : 0.00002802 btc
Check it out my script to know if there is a stock market correction: Short Free Indicator for BITCOIN/USD
(See Link to Related Ideas below)
Hope this time there will be no 100M$ injected like 2019, 2nd April!
Trade safe.
Cheers!
RVN/BTC - 4-Hour - Triangle - Potential +20% still waiting for one more touch of the bottom of the triangle to complete the E, then i expect a brake out and hit of my target.
if you've found this useful, feel free to donate. thanks.
BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424