RVNUSDT
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%
$RVN ~ RavenCoin$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.
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