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RVNBTC

RVN/USD - 27% Vol. Increase - Downward Channel: Break 60% ROIHello Traders, As with most of the market today, we are getting a great discount on a lot of great projects. We are seeing a very similar pattern on Ravencoins chart for the daily. As we saw in the previous weeks, RVN formed a downward channel before breaking up for over 150%+ gains. I believe we will see a similar outcome over the next week or so after RVN has run it’s course and breaks up and out of the channel. We should be good for a 60%+ ROI. Risk takers, start DCAing your buy orders now and for the conservatives, look for confirmation after breaking the upper trend line. Good luck!
BINANCE:RVNUSDLong
by MarkStPeter
7
Ravencoin (RVN) Breaking Downtrend After New LowRVNBTC (Ravencoin) has been going down forever, literally. A new all-time low was hit 2-Jan. and finally, we are seeing some positive signals. The RSI was completely oversold and is now coming up strong. Prices are moving above EMA10. Green/Bull volume is finally starting to show up. The MACD is also starting to turn. These are early signals as the daily candle is yet to close, but a close above 0.00000046 (EMA10) will signal strength for Ravencoin. I've mapped some targets for you directly on the chart. This is a low-risk setup with our strategy. It also has huge bullish potential. Thanks for reading. Namaste.
Long
by MasterAnanda
13
RVN - Bounce TimeNow that the market is doing better today, it is time to scalp some altcoins that are down a lot. RVN/BTC has some good potential as it is right on the bouncing point of support that has held for multiple days. I'm only expecting small movement, potentially up to 30% - but after a weekend of bleeding that would be very nice. Waiting for the bullish crossover on the 1H and exiting some of my position at each target. Entries: 152-155 sats Stop Loss: 149 sats Targets: 160, 170, 185, 200 sats
Long
by mablack15