RVN - RAVEN COIN-Looks like nearing a breakout stage on daily.
- A strong support just pushed it up, it this holds i can expect a good rally 50-100% to change the trend.
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Rvn
$RVN,Breaking above descending trendline $RVN / $BTC
Breaking above descending trendline as it tests resistance at 432sats..
If crossed we can think about a reversal from here but its starting to look interesting..
Volume is slowly rising as well
UCTS Buy signal not appearing on 6H or higher charts for now..
#RVN
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
RVN - Come back to home...!!RVN is in downtrend after it hit ATH. LIke every other Alt, it has fallen significantly.
Lets push it further to 300 range which is home. It pumped nearly 6 times from this level.
It may or may not reach 300 level exactly but good to keep this in mind.
Ravencoin Price Analysis RVN / USD: Spreading The WingsRavencoin / USD Short-term price analysis
Ravencoin has a bearish short-term bias, with the cryptocurrency trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a valid inverted head and shoulders pattern has formed, with the RVN / USD pair now dangerously close to invalidating the bullish pattern.
Technical indicators on the four-hour are bullish and continue to issue a buy signal.
Pattern Watch
Traders should note that the RVN / USD pair may be carving out a right-hand shoulder to complete the bullish pattern on the four-hour time frame.
Relative Strength Index
The RSI indicator is also bullish on the four-hour time frame and shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to issue a buy signal.
Ravencoin / USD Medium-term price analysis
Ravencoin has a bullish medium-term outlook, with the RVN / USD pair still holding above its trend defining 200-day moving average.
The daily time frame continues to show multiple inverted head and shoulders patterns, with the larger pattern holding a huge upside projection.
Technical indicators on the daily time frame are mixed and currently failing to generate a clear trading signal.
RVN / USD Daily Chart by TradingView
Pattern Watch
Traders continue to monitor the neckline of the larger inverted head and shoulders pattern for a major medium-term technical breakout.
Relative Strength Index
The RSI indicator is trading below neutral and remains technically bearish on the daily time frame.
MACD Indicator
The MACD indicator is bearish on the daily time frame and continues to issue a sell signal.
Conclusion
Ravencoin is still under pressure in the short-term, with bulls needing to stabilize the cryptocurrency above its 200-period moving average on the four-hour time frame.
The daily time frame continues to highlight the presence of multiple bullish patterns, with the RVN / USD pair showing great medium-term upside potential.
RVN (Raven Coin) Once Again Getting Ready For Moon Ride..!!$RVN #RVN (Update)
Making Falling Wedge pattern In Daily Timeframe..
Volume Is Increasing..
All Indicators Are Turning Bullish..
100-150% Profit Expected in Midterm.
Buy Some Around 480-520 Sats
Sell Targets 658-855-995-1193 Sats
Stop Loss Below 440 Sats
What Is Raven Coin...???
It's a new open-source project intended to see if a use case specific blockchain designed to be focused on the transfer of assets can develop technology which provides security or functional advantages for certain projects. Specifically working on things like RSK, which will allow Solidity to work on this chain, will be huge for Ravencoin in the future. RVN was launched January 3rd, 2018 with very little info regarding the future of the project. Since then, several community members have learned that there is an active development team on this coin, and the super clean wallet client and lightning fast network are only the beginning. The RVN team is launching their coin in the spirit of Bitcoin, code first. We hope to keep you updated in this thread as to work being done on RVN, as that information becomes available to us. But you don't need to wait for us or take our word for it.
Thanks For Your Time..
Hit Like On Idea For Support..
RVN - is it going for a full retracement?RVN dropped significantly like others, from a high of 1724 sats to 415 sats few hours ago, which is 75% down.
If it retraces full, we will hit 270+ zone and i want that to happen...!!!!!
RVNBTC: Get On The Dump TrainRVN is getting rekt because of the current BTC pamp. It failed to hold the 0.78 fib level and is now heading towards the next support level of approx. 400 sats. If it breaks here, I think will continue to do a full reset back to 280-290 sats. I'm just sitting on the sideline on this and all alts currently whilst BTC is doing it's thing.
Not financial advice. Salute or laugh at me later lol
RVNBTCAltcoins are in a tough spot with how bitcoin is rallying atm. Alts tend to find buying when bitcoin is sideways (people move their btc to alts from bitcoin).
I am watching RVN as I believe it has decent upside potential and is approaching levels of support.
RVN is about to start ALT SZNBTC has just broken 11k. If it bounces around between 10.5k and 11.5k alts will likely get a massive inflow of new cash.
RVN is at a major support and is primed to take off. Not sure how many indicators you need to realize this is a great opportunity.
Going long from here and holding for a bit or until BTC makes another large move.
-Kushgma
$RVN Hodling to the 600sats support...$RVN Hodling to the 600sats support with RSI quickly coming out from oversold levels...
Let see if we have continuation and volume from here...
#RVN
RavenCoin Price Analysis RVN / USD: Phoenix RisingFundamental Analysis
RavenCoin has surged after the project has announced listing on the Crypto.com. Users will be able to purchase RVN using bank transfers and credit cards, which should increase the adoption and liquidity of the coin.
RavenCoin / USD Short-term price analysis
RavenCoin has a bullish short-term outlook, with the cryptocurrency still trading above major technical support on the four-hour time frame.
The four-hour time frame shows that a complex inverted head and shoulders pattern has formed, with the RVN / USD pair attempting to move back towards neckline resistance.
Technical indicators on the four-hour time frame have turned bullish and continue to issue a buy signal.
Pattern Watch
Traders should note that the RVN / USD pair will move to a new all-time price high if the bullish pattern is fully ignited on the four-hour time frame.
Relative Strength Index
The RSI indicator is still bullish on the four-hour time frame and shows scope for further upside.
MACD Indicator
The MACD indicator is bullish on the four-hour time frame and continues to generate a buy signal.
RavenCoin / USD Medium-term price analysis
RavenCoin has a bullish medium-term outlook, with the RVN / USD pair testing major technical resistance on the daily time frame.
The daily time frame is showing that multiple bullish inverted head and shoulders patterns have formed, with RVN / USD bulls once again attempting to move price above breakout resistance.
Technical indicators on the daily frame are mixed and are failing to generate a clear trading signal.
RVN / USD Daily Chart by TradingView
Pattern Watch
Traders should note that RaveCoin could nearly double in value if bulls can fully ignite the large bullish pattern on the daily time frame.
Relative Strength Index
The RSI indicator is trading close to neutral levels and is currently flatlined on the daily time frame.
MACD Indicator
The MACD indicator is conflicted on the daily time frame and is failing to generate a clear trading signal.
Conclusion
RavenCoin shows tremendous short and medium-term upside potential, with the bullish patterns on both time frames underscoring that the cryptocurrency could eventually rally way beyond its current all-time record price high.
RVNBTCRVN touched the long-term tedious line and closed yesterday with a high trigger candle (Hammer). Since the 13th, it has fallen by approximately 20%, which is due to the high BTC. Expect that with a stabilization of BTC the currency could rise giving good profits in the medium term. In more remote probability she can fetch her last fund at 0.0000555 before starting a raise.
RVN / BTC - Hanging by a threadRVN/BTC is sitting on a critical support from which it always bounced in the past. Lets pray, RVN will be able to hold this support as it did in the past.
RVN/BTCbuy 820 : 840
price now 838
Target 1 880
Target 2 979
Target 3 1070
Target 4 1175
stop close under 780 4h
