RVNBTC
RVN/BTC Raven learning how to flyWe're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario).
If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.
Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance.
If we break below the last low we'll have to see how the situation unfolds then.
$RVN Keep and eye on OBV, RSI, and MACD break of Supports This is an incredibly educational trade! It will either break above .786 fib level for the beginning of a third wave or the second wave will correct down to .618 or lower.! So far oscillators and on balance volume are holding up! Keep an eyes on those supports and resistances (.618 fib retrace level for support, .786 fib level for resistance)). As always....be disciplined. Luck doesn't exist.
RavenCoin (RVNBTC) Does 328% (Gold Old Days) in 12 Days!The gold old days are here... RavenCoin (RVNBTC) has increased by 328% in price in only 12 days.
I had this coin in my list for the longest time ever, received some good information about it and wanted to share with you but didn't get to do it, here is the info I received from a friend:
Greetings Alan:
You know it was right when I sent you the note a few days ago on Ravencoin (RVN) well the coin is up 30% today and volume is up 7 x and counting.
Today is was announced that RVN it is to be listed on Binance.
Furthermore, the coin will release its 'Asset Layer' on the 31st Oct. Super smart timing by Binance to list now.
In summary:
- Anyone can make a asset token with 500 RVN in the wallet. This is massive. Plus the token can receive dividends, messaging and voting rights from the issuer. AND it follows the BTC standard. Fair distribution, NO ICO and completed decentralized network and code. Its up there with BTC LTC & XMR in quality.
- Top notch coin.I hope you will find time to bring some alanmasters magic to this coin by doing some T/A and letting more people see what IMHO is something that has the ability to be a long term HODL and enjoy solid gains.
- May the universe reward you much more than you ever dreamed.
Namaste.
If you enjoyed this post, please like, share, comment and follow.
Your support is appreciated.
Namaste.
RVN/BTC Raven learning how to flyWe're currently pushing into resistance(previous support), so an immediate long wouldn't be a good idea BUT if we manage to break through we can play the retrace into that block (green scenario).
If we bounce down right now and make a higher low (yellow scenario), it would also increase the chances of breaking through that resistance.
Upon successful retrace we should be targeting those red highs I've outlined. But one step at a time, first we need to break this resistance.
If we break below the last low we'll have to see how the situation unfolds then.
Original idea by Svarog
$RVN Still Conforming to Triple Combo Elliot Wave PatternDespite all of the FUD chatter saying that $RVN would suffer a massive sell off upon the release of the tokenized asset feature of MainNet this coin is being incredibly resilient. I believe it is still conforming to the TRiple Combo Elliot Wave Pattern. I have made some minor adjustments to my original chart in order to state my case. I would really appreciate your feedback!
Ravencoin to the moon - bullish pennanthuge bullish pennant, yuuuuuuuge
long ravencoin
watch out for a "sell the news" dip when main net goes live ~Oct 31st
but could just as easily moonshot out of the pennant
no ICO, no premine, no bs marketing, good humble bird coin
trade this kind of stuff instead of bankster scams like XRP ;)
RVN Elliot Wave maybe I literally have no idea what I am talking about, but enjoy the meme lines and BS TA.
Eliot wave started 10/20/18 at 519sats
Wave One 10/20/18 at 519sats (+98% in two days) 10/22/18 at 1026sats
Wave Two 10/22/18 at 1026sats (-33% in two days) 10/24/18 at 678sats
Wave Three 10/24/18 at 678sats (+196% in four days) 10/28/18 at 1328sats
Wave Four 10/28/18 at 1328sats (-33% in two days) 10/30/18 at 890sats
Wave Five 10/30/18 at 890sats (+98% in two days) 11/01/18 at 1762sats
As stated above I don't know what I am talking about
RVN ending its parabolic moveTLDR: SHORT now (880~1000 satoshis) until Line1. Buy above Line1 (just in case of great volume, then we can expect a bounce there). If Line1 breaks downwards, sell it and wait for Line2 be touched. Buy above Line2.
This analysis is just based on the chart. I don't know anything about RVN fundamentals.
As you can see, in just one week RVN had +400% gains. Obviously, most people will be selling here. If you missed the train and you really believe on RVN project, do not FOMO. Wait for retracement, then enter a long position. Every parabolic move has an end, and RVN already started its retracement. If you are in profit, just short all the way up from now (870~930 satoshis) to the next retracement levels.
As you can see on the chart, we have Line1 that will surely be touched on the next days. Maybe we can get a bounce there. This case is represented by the yellow arrows path. We must see this movement if we have a very very big volume on RVN/BTC next days. You can try to LONG next to the Line1, and put a stop-loss under the Line1, in case the market just rejects it.
If you see the Line1 being broken, wait for re-test. We're likely to see the green arrows path, re-testing the Line1, being rejected, and then going to the Line2. The good trader will be willing to buy right above the Line2, expecting the upwards movement that started on 15 october to continue. Remember, the good trader is not buying now at 900 satoshis.