RVNPERP trade ideas
Ravencoin / USD DollarThis is not an investment advise, please do your own research!
Please share your ideas about possible future predictions.
RVN/USD - Bullish price action towards $0.02 Raven is looking interesting to me right now. After a prolonged life in this descending triangle, we may get a breakout soon.
As you can see, price is testing the resistance level and it may pump any minute. If that does not happen, then Raven may come back down to re-test support before another try which will likely succeed.
The immediate target is $0.02 / Fib 23.6% which is quite sensible at around 40% gains. The next target after that is $0.036 or Fib 38.2%.
These targets are very likely to be hit after we break out of this descending triangle. We can resume our analysis once that happens. The targets after that are on the chart and will get us close to ATH.
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RVNUSDRVN. is looking like its getting ready to pump any time now. wait for brake for confirmation before entering your buy orders. this is just my opinion
Raven is Flying. RVNUSDA broken record.
Some preliminary targets are painted in in green, and invalidation in red as always. Good luck, traders - and remember nothing I ever say is financial advice. Do your own work and make up your own mind.
RVN/USD what will happen in the coming days?Hi every one
no need to say something , chart is speaking it self .
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
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Good luck.
$RVN$Hi There !
I don't write bullshits about charts !
I Just see things and Only Try to express what's Coming !
This Time Ravencoin Looks ready than any other to climb back mountain !
Caution : - Risk And Reward !
Cheers !
Happy Trading !
One more small drop possible for Raven and then continuation.The lowest line drawn has almost 2 years of history behind. If it does touch there it's not crazy or bad. That spot if it drops should be it' s low and catapult of it into December and next year. This for is accumulation phase so don't wait for that as it might not give it. Dollar cost average in. Remember the market follows bitcoin up and down.
Possible trade plan for RVN (Volatility may be coming) Not financial advice, trade at own risk. Chart says it all on the idea, possible pump then dump and then bigger pump. Regardless should be a bumpy ride the next few months.
Raven is testing support and the patience of many.After the Bitcoin correction are you accumulating ? RVN has corrected with the market but caught a higher low so far. It has been really testing investors hands and their patience. Any move above the yellow RSI line it's buy and getting above the green trend line shows bullish strength. It should make a higher high on a move above the green RSI trend line.
Invest responsibly and be patient.
Quiet breakout?Raven might be slowly inching it's way out of the small descending wedge that it's made... although it's kind of odd. All things aside, RVN is still at a buy level in my opinion. BTC pair reveals this bad boy is in a heavy accumulation phase.
Need to see this support hold, very important levels.As we can clearly see, RVN has broken above a support/resistance level and is now back testing it. The BTC pair shows a clear descending wedge that has been in the forming for about 450 days... As with all things, what goes up must come down. RVN pumped really quickly to its ATH which has now cost it over a year of descent into low prices. The lack of any deciding movements and hidden bullish divergence on the BTC pair indicates a possible accumulation phase. It is a matter of waiting for it to make a decisive move.
RVN Moon Gang- This chart took me for surprise.
- I see healthy accumulation happening.
- This is where I believe "smart money" is buying.
- RVN needs big volume in order to happen.
- As far as a use case. I see RVN being a pump and dump.
- I see a bottom that has formed.
Goal: 4-5x
The Party Is On If We Break This Fib LevelThis is definitely a dangerous time to be investing in the markets (chart showing why linked below), but with the stability Raven coin has shown with this last market correction im actually quite bullish in the short term.
Do your own Due diligence before investing of course, as this could have a correction back down to the last fib level and continue ranging for some time.
I have no real target for this move, but a return to the (Golden Zone) lower red fib .382, yellow fib .5, upper red fib .618 is my expectation if we do end up breaking out here.
As always DYOR and safe trading.
Ravencoin Ravencoin looks primed for a breakout here in my opinion.
Bollingar Bands are tightening and when on a weekly time frame this could indicate a huge move incoming.
The RSI has been forming a bullish divergence for weeks/months now and it has begun to breakout. Not only do we have these two indicators to make think we are going for a breakout but we also have just broken a very strong weekly resistance, all we need now is a close and open above it and we will run nicely hopefully breaking a few more along the way.
As we look further down the track I think 0.03 will be wiped out pretty quickly as more people try to fomo into Ravencoin, especially with all the defi hype at the moment I have no doubt we are going to head a lot higher soon.
