LONG - RVN - Bullish PennantMa50 crossing Ma200 at the 4h chart with a bullish consolidation forming a pennant.
Entry: 0.00000308
TP 1: 0.00000334
TP 2: 0.00000368
TP 3: 0.00000416
SL: 0.00000290
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RVNBTC
Ravencoin for another pump?Hi Traders
The Hitman is showing us a nice buy-Signal on the RVNBTC Daily Chart. Ravoncoin has been pumping up several times before, for about 40%. This could therefore be a great opportunity to earn some money. But be carefull, it is still below SMA21 and SMA55 and the buy signal appeared on a candle, that is not closed yet. But it is well worth it to watch it closely and maybe jump on if the uptrend is confirmed.
Also check out the previous pumps. As fast it went up, it went straight down, when the trend was broken.
$RVN, Reclaiming ~300 sats level with increasing volume $RVN
Reclaiming ~300 sats level with increasing volume and hodling there, trying to flip it into support
UCTS Starting to turn green on lower TFs
MACD bullish divergence.
If it gets traction from here, a new leg up with 1st target at ~340 (10%+) seems possible...
#RVN
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.
Ravencoin Trade Signal @alanmasters [RVNBTC](114%)Trade: Ravencoin | RVNBTC
BUY: 0.00000315 - 0.00000345
TARGET:
(1) 0.00000395
(2) 0.00000440
(3) 0.00000470
(4) 0.00000510
(5) 0.00000555
(6) 0.00000580
(7) 0.00000625
(8) 0.00000695
PROFITS POTENTIAL: 114%
(Buy calculated at 0.00000325)
STOP: Close weekly below 0.00000280.
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Enjoy the trade.
This is not financial advice.
Namaste.
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.
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.
Ravencoin-RVNBTC-
It broke below the long-term trendline and the 0.00000342 point.
Below 0.00000342 is a long-term investment area.
-RVNUSD-
It fell sharply at 0.02754811, rebounded to 0.02492303 and then fell again.
It is possible to touch the 0.02077220 point as the BTC moves.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.