Ravencoinbtc
RVN making a move - Could be a lucrative long hereRVN has been on a downtrend for over 2 weeks and has broken the resistance on 2hr and LTF. The trend change means this long could be quite lucrative as RVN held the support despite the RavenCoin attack news recently as the Developers have been quick in acknowledging the vulnerability and reacting quickly to the event. Ravencoin has a strong community and despite the recent news, the Technicals and the trend looks in favor of Bulls.
The 2 hr chart shows Trade Entries with Targets achieved so far and ones that have not been hit (Chart uses Plug and Trade to generate entries based on TrendRider - both Premium scripts). If this trend continues, the next targets open up bigger ranges for longs and hence the reward is pretty high here compared to the risk.
Recommended Stop Loss - 0.017-0.019 - based on personal risk strategy and timeframe traded
As with any trade, Do Your On Research as crypto currency trading has its risks as the market is quite volatile and is dependent on BTC moves.
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 :)
RVN Can Hooked up soonCurrently, RVN is looking preety to jump any time. A large number of day was a falling wedge of RVN. We saw a great cup and handle and break the immideate falling wedge resistence. Now Its time for accumulation.
Target on this chart is for long.
You can accumulate 3 times.
1. 212 - 216 for holding
2. 209 for short
3. 241 for confirmed the rally and long.
S/L: 196
target: 255, 270, 366, 400 and if we break the falling wedge we were in again for long at 469
$RVN Good Entry Along Accumulation
Looking at $RVN Ravencoin on the 12H timeframe
Again just like most to all other altcoins, Ravencoin has been in accumulation from March-May as we see price trending between 207-239. Anywhere in this green zone is great accumulation, especially if you analyzed this move an bought below 207
Right now short-term looks like it's holding this downtrend it just broke out of, and could hit 207 sats
Anyways, once the coin breaks above 239 sats the 1st target is 299 sats because the only other level is 273 which has already been 1st touched and isn't much of a resistance anymore
2nd distribution zone is way out there, I do not expect that to hit anytime soon, kinda just put that on my chart for the aesthetic to be honest.
Please be patient with this coin my 1st entry on this coin was 299 sats with a tight SL because I thought it was accumulating there, turns out that accumulation zone was along this known distribution target
I trade completely based off technicals, I have ZERO idea what Ravencoin even does or the supply cap or anything about it . I only know it's got a cool looking logo and currently in accumulation about to pop off
Can't be asked to do the fundamental research on all these altcoins, it's a headache
$RVN ~ RavenCoin$RVN appears to be pushing out of it's trading range. It's been here for a while with heavy accumulation.
As most alts are, are breaking out and even flipping S/R once broken out. $RVN is yet to move. $RVN moves hard and fast when it finally does.
I think it's ready and I'm in.
Let's grab a bag here at 306-312.
Targets:
343 > 350 > 366 > 382 > 389 > 418 > 422
Use due diligence.
RVNBTC forming bullish Shark | Upto 23% expectedPriceline of Ravencoin / Bictoin cryptocurrency if forming a bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 100 simple moving average support beneath the PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000379 to 0.00000358
Sell between: 0.00000399 to 0.00000442
Regards,
Atif Akbar (moon333)
RVNBTC FORMED A BULLISH SHARK | A BUYING OPPORTUNITYPriceline of Ravencoin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000429 to 0.00000420
Sell between: 0.00000437 to 0.00000455
Regards,
Atif Akbar (moon333)
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 forming a bullish Shark | A good long opportunityPriceline of Ravencoin / Bitcoin cryptocurrency is forming a bullish Shark and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets
Buy between: 0.00000357 to 0.00000353
Sell between: 0.00000363 to 0.00000374
Regards,
Atif Akbar (moon333)
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!