Ravencoin
Raven coin about to make supernova explosion. Very bullishHi everyone,
raven is a crazy coin of the binance .
we know it was rising with non stop but in 2 month it has been falling non stop
it is in a falling wedge
it is in also in a strong pennant
Be careful, it is in the wedge of the fallilng wedge and penant.
Hey it is not ended
Look at fibonacci retracement it has bounced 0.786 level
By these infos, raven coin is very very bullish
We will see what happen.
if you have an idea, feel free to comment your idea.
Loves
Muikka
Raven LongLonging Raven on retest of Box.
This is a coin I made about 5x on recently and sold about 3/4ths of my position. I'm scaling some of those funds back in.
There's much more upside left in this project...
LMK if you join in.
For god sake COMMENT and MESSAGE. Lets talk TA/FA and argue, It's how you LEARN.
$RVN Found support at ~640sats...$RVN Found support at ~640sats & its starting to show some bounce signals as the market starts to recover...
UCTS flashing a buy signal on the 6H chart
MACD about to bullcross & RSI coming out from oversold levels
Volume rising
Let see how it reacts to 900sats resistance...
#RVN
RVN approaching potential buy zoneRaven coin passed the 61.8%
Next stop is approaching the 78.6% retracement zone
Buy zone:
.00000585-.00000525
Stop Loss:
.00000500
Target:
.00001000
Potential Stop:
.00000820
If stopped out, then another opportunity presents itself at the 88.6% retracement zone(.00000440)
This is for RVN/BTC pair on Binance
RVNBTC - The Skyhighatrict's HangoverLike most crypto currency Bitcoin's price movements are a massive component of what has been driving the Ravencoin price. However Ravencoin has shown instances and some periods when it chooses to do its own thing. Considering the massive rise from the 300sats range to the 1500sats range and no high volume house hold name using the network, this will be in the hands of niche crypto traders until that reality comes to fruition.
Over the coming months I am predicting that RVN will re visit levels of 600sats - 1000sats with some lower lows of sub 600sats regardless of GBP price. Anything in the buy zone (indicated on chart) is a massive opportunity to become a bigger bag holder for long term capital gains. I'm beginning to feel that "Tree Fiddy" is long gone.
RVN/BTC - 4 Hour Chart - Potential +90%RVN looks like its just completed a wave 4 and is ready for another leg up to complete the large degree 3rd.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
Play with RavencoinThis coin have decent volumes and did some good performances before.
Weekly is descending but can still play with some Bounces if it fall down.
Daily Timeframe :
RSI stabilised but not touched down for now.
MACD still going down and not going to cross for now.
i didnt use Stochastic because its flat.
So to safe buy this coin have to wait it moves down :
First Buy shoul be Around 1050-1080ish ( no all ur invest!)
Second Buy around 900ish.
Safe Sell 1380ish.
And as always check BTC King as influencer.
Happy Tr4Ding !
Ravencoin Parabolic retraceAs a die hard raven coin fan myself and being a happy investor back in the day to sell on this move. I am suspecting this bearish scenario to play out in the short/medium term, unless it's not done with its move yet but even if it did make new highs i'm convinced we will meet back at around 450 sats. Hence why i sold most of my ravens after we failed to make a new higher high and higher low on the daily at the peak.
A clear Descending triangle pattern with a breakdown level towards 450 sats. Fib retracement from 450 to last peak shows we are currently holding on .05 fib, which is usually the strongest support point in these moves.
Hence there is still a chance we can break bullish out of the triangle, but i'm giving it a low probability, since we keep testing it and fail to make new higher lows. My mind will be changed if the daily trend changes, if not i suspect a very nasty %50+ retracement from these levels.