RVNBTC trade ideas
Ravencoin continues uptrend - 4HHello dear traders.
I see some bullish signs for RVNBTC pair :
1) it started the uptrend after breaking above the purple trendline with confirming volume .
2) broke above EMA(50) in the daily chart by 15%.
3) in 4H chart, Healthy RSI which is in an uptrend and above 50.
4) in the daily chart, RSI looking great. Broke above 50 and resistant trendline.
5) MACD lines above 0 and trending up .
Only bearish thing is Divergence in MACD’s Histogram .
Thank you. Happy trading.
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
RVN finishing the retrace RVN has pulled back to the .786 and bounced off and now might test again
* There is an impulse wave down and we are in wave 5
* If we break below the .786 then it could head down to the 1.00 retrace
* If we hold above the .786 then we will be heading back up to retest the top
RVN/BTC may not have bottomed yet: Raven to hit 448 sats? Raven fans surely noticed (rejoiced?) the recent spike.
That spike confirmed the Fib series this coin was born with.
But the retrace has been sloppy, hinting of possible lower low.
560 may well have been the bottom, not ruling that out.
741 will be the next "tell" depending the reaction there.
448 would be a "hodl" buy with say 50% of allotted capital.
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