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RVNUSDT

RVN/BTC TA Update (Market Structure Broken?)RVN/BTC RVN broke a key support area at 292 sats which invalidated the current market structure. By breaking key support levels especially if the area of confluence that acted as strong support for many months. This signal a strong bearish momentum resulting in another market structure to be developed again for the next 1-2 months. The RSI hasn't reached oversold levels yet, we may still see further selling pressure down to 260 sats area. Do not try to catch the bottom, most often the price will go down further if they are no buyers present at key levels.
Short
by PolarHusk
Raven Might Give Huge ProfitHi everybody. The price of Raven coin is extremely tight on the long-term and medium-term chart. Raven s strongest support from the bottom is around 270 satoshi. This is close to the strongest support from the bottom, and the price tightening at the current price gives him a great potential to rise. With the falling trend breaking through volume, the raven coin can rise comfortably. 2020 could be a nice upswing for the raven coin. Let's watch what the raven coin does.
Long
by TraderMikabot
RVN/BTC TA Update (Bounce again at key support?)RVN/BTC RVN is trapped inside this channel where the price is just bouncing from top to bottom and from bottom to top. The key support area has been tested more than 4 times already and it is not good from my perspective viewpoint. I am more on the bearish side since the price is much closer breaking bearish rather than going bullish. At any point the price closes below key support will signal bears to enter the market. We know bulls are fighting to keep this key support at 300 sats alive but the more it keeps tested, much less it will work again the next try. be cautious trading this coin. Please wait for the breakout to happen before entering a trade.
Short
by PolarHusk
RVN/BTC (35% swing up target)RVN/BTC Ravencoin is playing inside this triangle pattern since July. If the price can close above 50MA and 100 Day MA, we can see upside action in the coming few days, the target is a downward trend-line of resistance or 200 Day MA. Entry Targets: 0.00000320 - 0.00000340 Take-Profit Targets: 1) 0.00000360 - 12.5% 2) 0.00000370 - 12.5% 3) 0.00000390 - 12.5% 4) 0.00000410 - 12.5% 5) 0.00000420 - 12.5% 6) 0.00000430 - 12.5% 7) 0.00000450 - 12.5% 8) 0.00000470 - 12.5% Stop Targets: 1) 0.00000285 - 100.0%
Long
by PolarHusk
1
Raven Coin Resumes Bull MarketBITTREX:RVNUSD As you can see in the chart, Raven Coin has resumes it’s uptrend in a big way this week, climbing above the previous three weeks highs after a prolong decline. Also the MACD indicator is about to give us a buy signal in the weekly chart which is very bullish. Raven Coin is no small project, it is the top 35 coin in CoinMarket Cap, with a MarketCap of $175 million dollars. coinmarketcap.com The coin just start trading in March of 2018. In Elliott Wave terms, we have already finish Primary Wave 1 and Primary Wave 2 (which was an expanded flat), and had just started Primary Wave 3 just 3 weeks ago. The price target of Primary Wave 3 is $0.13 USD or higher, which is about 3.4 times the current price, and about 1.618% the size of Primary Wave 1. If I’m right we should hit that target within a month or so. If we go below $0.0238 the pattern will be invalidated, so you can use that as a stop. I also like this coin because it has proven that it can climb high even if Bitcoin and other cryptocurrencies don’t. Good luck in your decisions
BITTREX:RVNUSDLong
by Raul_Dominguez