Ravencoin
Raven Gearing up for Another 250% move?Time will only tell, but as you can see, we have a repeating fractal pattern very similar to the previous pumps, and alignment with the Bitcoin price that could easily see us with a 250% move.
The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down resitance lines forming right at our current position, breaking above the first is a great sign!
Now for any of you that follows us and are in the private bear den, you already know the importance of charting BTC and our other assets at the same time.
If you are charting in USD- You fail
If you are not looking at BTC current positions vs your trade strategy, you also fail.
HAWK EYE!
Get ready to rumble Raven!Raven $RVN getting setup in a descending wedge. Historically these have been explosive for this coin. The last large growth also happened in the midst of the bear season of 2019.
At this moment bitcoin just broke below 10k after a parabolic rise. Hopefully we get to lose some of that steam, and move sideways for alts like Raven to get the oxygen they need.
- I will also be looking for confluence with indicators. Last time we had bullish RSI divergence and growing volume. Would love to see the same this time around too.
$Rvn is a coin I love fundamentally, can't wait to see what happens when we have the halving, in a few years.
RVN-BTC RVN is close to the historical uptrend line with exaggerated divergence (Red lines) on MACD and RSI . Aggressive pull back on smaller time frames will let us know if the support either from previous point at around 316 sats or HISTORICAL UPTREND LINE is strong. It Already bounced once on 19th of February...will it bounce the second time? depends on market condition! but Ill have this bird under the microscope!
RVNUSD - Corrected long-term trend channelOn my previous Raven USD idea I took a guess of where the long-trend channel was and during the BTC panic sell-off that just completed, Raven form a slightly lower channel and so, this is a corrected chart with a slightly revised channel upwards. Great BUY in my opinion.
Checkout my latest BTC idea below.
RavenCoin - Highway to Hell (RVNBTC)Updated chart of RVNBTC after we broke our previous support at 339.
Currently in a descending channel, monthly supports at 307, 266, 254.
Just watching for now, looking for a break out of this channel and back test before any entries.
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Setup (RVNBTC)Setup today for RavenCoin (RVN), stops tight as we are still in BTC bull mode but we might have a short break for alts to recover.
We bounced off of support at 339 and are currently testing our first valley at 361 sats. Looking for a successful close above here for entry, followed by a successful break of the downtrend.
Entry: Close above 361 sats
Stop: Below support @ 339
Targets:
374
401
435
Donations/tips welcome if my charts help you out:
BTC: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
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)
RAVENCOIN - Using Fibonacci to Map Way to the Moon! 30% MoveFor those who don't know it already, I'm an ardent believer of Fibonacci and Elliott Wave Theory. Constantly honing my knowledge to further understand how these codes are embedded into charts.
Ravencoin looks promising!
A bounce is quickly approaching: 467
Next major resistance @ wave3 (236-fib level): 611 .....30%!
With a pullback to wave4 (382-fib level): 532
Big Resistance @ wave 5: 674 .....25%
Ravencoin Pioneers Moon Travel (Bullish Chart Analysis)Ravencoin (RVNBTC) had a massive bull run earlier this year, which we caught in full. This one generated over 500% profits... It is true, go here and hit play:
Now, the charts are starting to look bullish again and we believe Ravencoin can produce similar gains:
We can see RVNBTC breaking out of a falling wedge, this can translate into massive profits soon.
Trading volume hits new lows, with green/bull volume increasing.
We have a bullish RSI.
MACD is still bearish but leaning towards the bulls.
With our classic signals now in place, we can prepare for what is to come ahead.
You can find our main targets marked with yellow lines on the chart.
Make sure to leave a comment if you have any questions, it will be my pleasure to answer.
Thanks a lot for the support.
This is Alan Masters.
Namaste.
Long Ravencoin- I am looking for my first targets arond 616 Satoshi-
I entered first at 450 then was stopped out at 2.5% profit this morning while working on the private news letter.
I think we are still going ot see upward momentum. If oyu look at the previous purple bars, the private bear members will have seen the original long term entries we took at the 360 Satoshi area.