Market insights
Trade alert (Raven coin)Raven coin has recently broke out of this bull flag pattern and is now looking to confirm it. That is the trade if you so choose to do it. the confirmation is it must close above the flag on the daily or weekly. Target is set at 40 cents good luck and have fun.
Remember, there is no guarantee.
This is not financial advice.
🔥 RVN Massive 1-Year Bull-Flag Break OutRecently I made an analysis on RVN and the incoming break out. Since then, RVN has appreciated over +25% in value, congrats if you took the trade.
For now, we're lacking follow-up because of BTC distress. I'm anticipating a re-test of the top resistance of the chart pattern.
Targets remain the same as before, placed at recent tops.
Happy trading!
RVN/USD - Halving Event in 6 Days. PUMP ongoing.Raven has its halving event in 6 days or 11 January.
Price has been pumping for 3 weeks now after that scam breakdown below the blue triangle.
Now price appears keen to break out above this formation, but there is one challenge - the $0.13 resistance level.
On this weekly timeframe, the indicators are bullish, volume, RSI, MACD and OBV are all looking well positioned for some nice gains to come. But watch the resistance. Once broken, then RVN can pump more.
On daily timeframe, we are approaching oversold conditions, but it's too early, I don't expect any significant drop until the halving.
Good to keep your eyes on this coin in the near term as volatility is picking up.
Bias is bullish right now.
Like and follow if you liked my idea!
RVN/USDTHello Traders,
RVN has already launch from its major support at 0.09 and heading towards another key level at 0.11. Bat structure is spotted and currently RVN is moving at the right wing of it which at the same time is following its 3rd wave. Let see if this bat harmonic pattern that coincide with Elliot wave works out. RSI is already above 50 line and the MAs are in good uptrend formation.
Buy: $0.09-$0.1
TP1: $0.13
TP2: $0.149
🔥 RVN Massive 1-Year Bull-Flag PatternSince the huge run-up of RVN in the first few weeks of 2021, RVN has seen strong consolidation. This period of consolidation has formed a huge bull-flag pattern on the chart.
With RVN reversing from the bottom of the pattern recently, there's a high probability that the price will move towards the top resistance of the pattern.
Since bull-flags are classically bullish patterns, I'll be looking for bullish break outs to occur. Targets placed at recent highs. Be aware that the price might bounce of the resistance and move back towards the support.
Happy trading!
Ravencoin (RVN) in a rally with more room for flyRavencoin has formed a nice base pattern which resembles a cup and handle formation.
After finding a low, prices rallied back up to resistance. From there, prices drifted sideways as the weak hands were shaken out.
Once the weak hands are removed, then the void of sellers allows for price to fly higher like it did in this case.
Our internal bot caught the rally as it has broken higher and after looking at the chart, appears there is more upside potential.
Take profit levels are 0.113, 0.1194, 0.1322, 0.145, 0.1599
Below .098 and the pattern becomes suspect so that can become your risk level.
RVNUSDT, The price need more correctionHello everybody
According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price
1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level
2nd : The Correction was finished and now we made wave 1 and we are in correction wave 2 and because of the the price can not drop more that key point level at second buy zone area
Until the market is in range zone and this condition is on market we cant say which scenario is correct
We need more details to decide what to do ?
And because of the tapering and condition of economic in the world we have inflation, we expect the risky market like stock market and crypto market should rise up to pour the inflation and to make the value of a dollar.
If you have any question send us messages
Good Luck
Abtin






















