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)
Ravencoinbitcoin
RavenCoin/Bitcoin (RVNBTC) Hello Everyone,
RVN Coin kafi time se downtrend me tha 28th march 2019 ko 1724 sat ka high lagaya tha uske baad se continute downtrend me tha,
Finally 12 july 2019 ko 339 sat ka low lagaya hai 1h 4h time frame me aap dekhe to falling wedge pattern ka breakout hua hai,
560-575 resistance zone hai agar ise break karta hai to maximum target abhi 716 sat hai,
Agar aap entry lete hai to SL jaroor lagaiye.
Our previous success analysis:
Legal disclaimer: I am not a financial advisor, You trade at your own risk and nobody can guarantee you results.
Global Rashid
The Guide To The Right Path
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 $0.06 in USD this one budget friendly investment that can make you hundreds if not thousands of dollar if you simply buy and hold.
I wouldn't suggest trying to scalp this asset because in the long run you will ultimately miss out on all the money you would have possibly made just from holding it. Stick to buying the dips on the particular coin because we can definitely see this getting listed on coinbase very soon.
Play with RavencoinThis coin have decent volumes and did some good performances before.
Weekly is descending but can still play with some Bounces if it fall down.
Daily Timeframe :
RSI stabilised but not touched down for now.
MACD still going down and not going to cross for now.
i didnt use Stochastic because its flat.
So to safe buy this coin have to wait it moves down :
First Buy shoul be Around 1050-1080ish ( no all ur invest!)
Second Buy around 900ish.
Safe Sell 1380ish.
And as always check BTC King as influencer.
Happy Tr4Ding !
Raven: Last Wave before Big Correction?Hi.
We are probably doing the fifht wave before to get a good correction in ABC .
I expect we could hit TP3.
TP1 : 0.00001724 btc
TP2 : 0.00002136 btc
TP3 : 0.00002802 btc
Check it out my script to know if there is a stock market correction: Short Free Indicator for BITCOIN/USD
(See Link to Related Ideas below)
Hope this time there will be no 100M$ injected like 2019, 2nd April!
Trade safe.
Cheers!
#Ravencoin $RVN likely support 1210 to 1150 Sat by TuesdayThe cycles are accelerating as the pattern becomes more obvious to ever-larger numbers of crypto traders. This will continue until it breaks down due to a FOMO driven event which drives the valuation sky high followed by a crash. This has not happened yet. The movements in price are still relatively orderly despite a very high appreciation rate.
From a fundamental perspective, things look great. New assets are being registered daily in the namespace and as the valuation grows so does the security of the network. This is due to the profitability of mining driving ever higher hash rates, now surpassing Etherium Classic (ETC).
Ravencoin is quickly graduating beyond the level where 51% attacks are feasible partly due to the X16R algorithm keeping ASICs at bay and making it possible for any GPU on any gaming PC to mine profitably. The biggest issue currently observable is that 31% of the hashing power resides with one pool, this will likely not be a problem especially if the valuation continues to grow. At the moment I expect the market cap to reach somewhere in the neighborhood of $500MM in the next few months.
In the long term (a decade or so), I expect that the market cap could go as high as $36B if it is adopted for use in listing shares of publicly traded companies and REITs, another real estate shares. One $RVN would be worth $2 in today's US dollars at that point.
In the near future (within this year) I expect the valuation of 1 RVN to reach above and then stabilize around $0.13 to $0.15.
$RVN cloud support tested next move to 1430 sat #Ravencoin $OSTKThe 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 operations could trigger the next surge in price.
The hash power on the Ravencoin network has risen meantime by 100%. 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.
RVNBTC 1D BINANCE up to 25FEB19 Trading Analysis (TA)RVNBTC Ravencoin / Bitcoin 1D BINANCE up to 25FEB19 Trading Analysis (TA)
1D Chart, Ravencoin (RVN) has been diving below the 100/200 MA signals, MACD Histogram and 50 RSI line since one month after its launch in October 2018, on January 22 2019 tested the 100 MA signal and the 60RSI Line but could not make it that time, bouncing down to the 30RSI line, where found support and made two kicks toward the 50RSI line, today the RSI line is slightletily twisting north in a rising price suggestion, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'". At this time the Market Cap is increasing up reaching the 137b. Good Luck!
1D Chart, Ravencoin (RVN) ha estado sumergiéndose por debajo de las señales 100/200 MA, el histograma MACD y la línea 50 RSI desde un mes después de su lanzamiento en octubre de 2018, el 22 de enero de 2019 probó la señal 100 MA y la línea 60RSI pero no pudo logre ese momento, rebotando hasta la línea 30RSI, donde encontró apoyo e hizo dos patadas hacia la línea 50RSI, hoy la línea RSI está girando ligeramente hacia el norte en una sugerencia de precios al alza, que es el enfoque optimista, pero recuerde "En este negocio, si es bueno, tiene razón seis veces sobre diez. Nunca tendrá razón nueve veces sobre diez. He descubierto que cuando el mercado baja y compro fondos sabiamente, en algún momento en el futuro se siente la felicidad. Pero para llegar a ese momento nunca leerá una señal que diga: "Ahora es el momento de comprar". En este momento el Market Cap esta aumentando su volumen llegando a los 137b. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
RVN - 65%+ Potential Profits! [FREE TRADING SIGNAL]Pair: RVN/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Technical Analysis
- Broke Downtrend
- Strong Volume
- Broke Resistance
Our Entry Zone
0.00000350 - 0.00000410
Our Targets
1: 0.00000540
2: 0.00000640
Our Stop Loss: 0.00000300
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Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
RVN/BTC - HIDDEN BEARISH DIVERGENCEAs much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC .
IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO.
I do not want to do over analysis on this and tried to keep it simple and on point.
I also see this small uptrend as an "B" Wave of the correction wave. Previously completed ABC correction wave to me is sub wave of A wave.
Will update this at next important turning point. For now, its a bull trap for me.
Shaven #Raven or Beardy Weirdy? $RVNI'm going long on $RVN. Fundamentally, it strikes me as a good project. Psychologically, I'm gutted that I missed out on a trade recommendation earlier this year, so want to make something on it before the year is out!
Looking at the 4 hour chart:
Price is above and looks to have found support on the 13EMA
Clearly defined risk with stop set just below recent swing lows
Upside target of November swing high of 550 sats seems reasonable and offers good R/R
Potential to MOOOOON
The crypto market is currently experiencing a relief rally from the painful bear market smackdown that has defined 2018. Hopefully, bitcoin can run on for a few days and some of these alts can get a bit of breathing space too. However, I'll be looking to close all my alt trades when clear signs of distribution appear on the individual charts (long upper wicks, swelling volume at the top of a trade, corrective jagged price patterns creeping to the upside).
There is a possibility for the beginning of an uptrend in RVNBTCTechnical analysis:
. RAVENCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000400 to 0.00000330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000400)
Ending of entry zone (0.00000330)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000510
TP2= @ 0.00000604
TP3= @ 0.00000698
TP4= @ 0.00000815
TP5= @ 0.00001000
TP6= Free
There is a possibility for the beginning of an uptrend in RVNBTCTechnical analysis:
. RAVENCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000400 to 0.00000330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000400)
Ending of entry zone (0.00000330)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000510
TP2= @ 0.00000604
TP3= @ 0.00000698
TP4= @ 0.00000815
TP5= @ 0.00001000
TP6= Free