RVNUSD
Time To Feed The Ravens AgainRaven is giving a nice buy signal. MacD cross on the daily, Heikin-Ashi turning green, breakout and retest of the 2 month long pennant it was consolidating inside of. Target near $0.49
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
The Big RVN TriangleThis consolidation has been looooooooooooooooooong. Big papa triangle say RVN moons in the next few weeks
Okay now Ravencoin have to be strong.Ravencoin now had a stronger correction. I am excited about which way it will continue
RVN/USD - 27% Vol. Increase - Downward Channel: Break 60% ROIHello Traders,
As with most of the market today, we are getting a great discount on a lot of great projects.
We are seeing a very similar pattern on Ravencoins chart for the daily. As we saw in the previous weeks, RVN formed a downward channel before breaking up for over 150%+ gains.
I believe we will see a similar outcome over the next week or so after RVN has run it’s course and breaks up and out of the channel.
We should be good for a 60%+ ROI.
Risk takers, start DCAing your buy orders now and for the conservatives, look for confirmation after breaking the upper trend line.
Good luck!
RVN/USDT Descending triangleWe can see a descending triangle on 4 hour chart of RVN/USDT (Binance).
DESCENDING TRIANGLE has bearish reversal interpretation.
If it breaks it support line it will breakdown to the marked point.
Red lines represents major resistances while green are showing major supports.
We can clearly see 2 valid taps on resistance line and support line inside the formed triangle.
Dial indicator showing ( Bought indicator ) means that the current volume is at sell signal.
Raven is on the rise for sure, NEXT is $0.50Raven after the Feb 17 burst of almost 300% up adding substantial gain of 0.29. As of now Raven is forming an ascending triangle witch almost near burst to give us another 75% up that I expect to bypass ATH and continue to the level of $0.50.
Trade at your own risk.
RVN/USD - Bullish price action re-testing ATH resistance!Raven is posing for a new attempt to set a new ATH. Volume is up, MACD crossed on the positive side, RSI is going up... yep, we're looking bullish.
If we manage to crush the $0.30 resistance level, we will have confirmation and we're going to go back into price discovery.
For this reason I am quite bullish on Raven which has performed very well and this consolidation in this zone is very healthy for a new push higher.
I think Raven can easily double once we enter price discovery as on the BTC pair we have still a long way to go up before we reach ATH... this is good.
Watch the levels on the chart. A break of resistance will confirm this move.
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Bitcoin target and some alts to check outThink we need to stay above 52.5 for this bottom to still be in play. 65k minimum target and I see possibility of 100k.
some other alts byou might be interested in if bitcoin is going to get ath then these could be nice
UNI over 32.5
Sol over 15
Vet over .63
Ada over 1.25
RVN over .19
not financial advice
RVNUSDT 4H Long setup; Bullflag after breakout of desc trendlineTA Explained
RVNUSDT did a full pullback to the fib 0.728 level as can be seen in the below snapshot:
After breaking the descending trenline, a bullflag is being formed, about to break out. However one more dip could be expected as well, which would give the second entry for this setup.
Trade setup
Best entries: 0.14991 -0.16440
TP1: 0.19931
TP2: 0.22581
TP3: 0.26428
SL: 0.12785
RR: 3.61
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)