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Rvn

RVN/BTC - 15m - Great Entry For Quick ProfitMainNet release on 31th October - there is still much room to grow according to the bigger time frames. Today, we're focusing on making at least 10% in 24 hours. Information about Ravencoin (RVN): Coinmarketcap: coinmarketcap.com Top Volume Exchange: www.binance.com Social Media Statistics: www.coingecko.com Return Of Investment past 7 days: +186% Return Of Investment past 30 days: +255% Return Of Investment past 60 days: +207% How i trade Ravencoin (RVN): Buy: 0.00000775 Sell: 0.00001090 Stop Loss: 0.00000690 Leave a thumbs up if you like my idea and let me know what think! This will keep me motivated :-) Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only.
Long
by Anton_XBT
3
RVN/BTC - Short• Broke through strong support of 665 with speed • Continuation of bearish trend currently, consistently closing under 200 MA • Short-Term Outlook: Bearish to 520-580 • Long-Term Outlook: Mainnet launch tomorrow, market cap back under 100 million (down almost 40% from ATH), could be a solid entry for a long-term investment while technology develops (4-6 months) • Swing opportunity: Stochastics on the floor, RSI oversold, have seen bounces in the past with similar setups. A bullish divergence of stochastics on 30 minute or 2 hour chart could result in 5-10% bounce
Short
by LightSaberFader
RVN ending its parabolic moveTLDR: SHORT now (880~1000 satoshis) until Line1. Buy above Line1 (just in case of great volume, then we can expect a bounce there). If Line1 breaks downwards, sell it and wait for Line2 be touched. Buy above Line2. This analysis is just based on the chart. I don't know anything about RVN fundamentals. As you can see, in just one week RVN had +400% gains. Obviously, most people will be selling here. If you missed the train and you really believe on RVN project, do not FOMO. Wait for retracement, then enter a long position. Every parabolic move has an end, and RVN already started its retracement. If you are in profit, just short all the way up from now (870~930 satoshis) to the next retracement levels. As you can see on the chart, we have Line1 that will surely be touched on the next days. Maybe we can get a bounce there. This case is represented by the yellow arrows path. We must see this movement if we have a very very big volume on RVN/BTC next days. You can try to LONG next to the Line1, and put a stop-loss under the Line1, in case the market just rejects it. If you see the Line1 being broken, wait for re-test. We're likely to see the green arrows path, re-testing the Line1, being rejected, and then going to the Line2. The good trader will be willing to buy right above the Line2, expecting the upwards movement that started on 15 october to continue. Remember, the good trader is not buying now at 900 satoshis.
Short
by FilipeMarch
RVN key support areasJust a quick chart to show some of the support areas for RVN. Some thoughts - 530 Sats is the only area that was tested twice - 530 Sats is also at the 68 retracement range - 4 hour MACD has crossed bearish - Daily RSI will be out (14 bars) in a day or two so if it does manage to stay at current levels or moves up from there it will be severely overbought - 4 hour RSI has fallen below the trend line although not very established since it just got listed
Short
by mrandrewwill1891
RavenCoin massive gains over Bitcoin… time to take profit?Following the Binance announcement made on the 11th of October (twitter.com), that RavenCoin will be added to their listings on the October 12, RVN/BTC uptrend has begun. Price surged from 220 up to the recently established all-time high, reaching 824 satoshi. In 10 days Ravencoin has outperformed the Bitcoin by 333%, which is an amazing growth in a very short period of time. There is no question, that after such rally many investors would start to think about fixing their profits, thus selling RVN. Technically speaking, price has reached the resistance at 427.2% Fibonacci retracement level that is 885 satoshis. At first, under the massive trade volume, RNV/BTC broke above the Fibonacci resistance, although failed to close above. Today price has bounced off the resistance, which might trigger a selloff, not to mention the RSI oscillator downtrend trend line breakout. Although, for a strong correction to start, Ravencoin must break below the 773 satoshis support, only then further decline could be expected. In such scenario, price is likely to test either 660 or 550 sats support level, and potentially go even lower. On the upside, daily break and close above the 885 satoshis resistance might be the confirmation of further uptrend. This could be another 115% growth opportunity, as final upside target is seen at 1127.2% Fibs, that is 1670 satoshis level. Based on the percentage growth, upcoming wave up is expected to be very similar to the previous one, which was 117%. Support: 773 661 549 Resistance: 885 997 1109 1221 1333 1445 1557 1669
by CryptalDash
RVNBTC - The Crowded Trade "Where to buy"RVN has had a great uprun last few days after being added to Binance. I've scalped the momentum here a there a bit and it has finally topped (at least for some time). RVN made a higher high while MACD made a lower high showing a bearish divergence, meaning that price is being pushed up by declining momentum and this was an early sign of weakness. I've tried to do some wave counting to look for ideal entries based these points as shown in the chart. Fibonacci support at 780-805, ideal entry based on support line from (2) to (4) and 50% of the last wave at 701. One can try to swing trade if it price hits certain Fibonacci levels but best would be to wait for the uptrend lines to be hit. In this chart, I compared the early uptrend to DATA's price uptrend to understand for what structures/signals we are looking before buying or selling.  "Let's break down how we want to trade a similar move. This is how I would trade RVN compared to DATA uptrend example. We looking for wave structural support levels to buy and wedge support trendlines."  Trade with care, Buy Red Sell Green, don't fomo. Good luck! -TheTrex  
by TheTrex
6
Raven Still FlyingRaven mainnet launches October 31st so there is a lot of excitement in the market. I expect the upward trend to continue with a short term fall back to the trend line. I suspect an ATH may be in the short term with a large retracement shortly after the mainnet launch. Keep some things in mind before taking action: 1) tokens regularly went 10x last December and January. 2) Those same tokens fell to 0.2x in the summer...tough choices to maximize profit. There is nothing wrong with taking profit at 2x or 3x.
Long
by Fairdrop