Ravencoin / Bitcoin
0.00000011BTCR
0.000000000.00%
As of today at 09:03 GMT
BTC
No trades
RVNBTC trade ideas
DO NOT MISS RAVENCOIN !!!"Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another."
That is the use case reported on their website.
From what I understand they are active in issuance and tokenization of assets.
You can buy it on Binance, Bittrex, Bitrue, and other important exchanges.
24 H VOLUME today is almost as high as its entire market cap !! Volume 120 Million $ (with 150 M MarketCap) !!
THIS IS WHY I take a small position (1% of portfolio) in this coin. Will add once we break resistance.
On balance volume is trending higher since a long time: accumulation.
RSI is picking up.
Price looks like it wants to break out of a bullish descending wedge soon.
We are right at resistance around 250 - 270 satoshi, but once it is taken out, the rise could important.
This coin has still not pumped, but I am sure it will ! Take a close look.
RVNBTC D1: 40% gains XABCD setup BUY LOW (SL/TP)(NEW)Why get subbed to to me on Tradingview?
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-Supply/Demand Zones
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RVNBTC D1: 40% gains XABCD setup BUY LOW (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses before reversal (BULLS).
🔸 Summary and potential trade setup
::: RVNBTC daily chart review
::: Speculative XABCD setup
::: more losses short-term
::: 180/185 bottom BUY setup
::: 40% gains possible later
::: strategy: BUY LOW 180/180
::: TP bulls is +40% BUY/HOLD setup
::: buy low near my level and get rewarded
::: TP bulls is 260
::: but reversal soon after from my level
::: good luck traders
🔸 Supply/Demand Zones
::: dem/supp N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLISH
RVN is one of the best coin to hold right now. 700% possible?RVN is a coin that had good pumps with fomo volume 2 times before. Now its been at the lowest sats price for a long time, and hit bottom. Many coins have 5x its coins the previous weeks like vet, chainlink etc. Rvn had a huge supportline at bottom, and a reverse head and shoulder near a big resistance trendline, that made me buy som good bags with margin on Binance. This is because the price in sats was so low. I bought in at 215 - now up over 20% from yesterday. This coin im holding until 4numbers - biggest resistance are 500 sats - 1000 - 1500 - 1750 - 2000. But if BTC can hold still, i belive RVN - a good product can have massive moves the next 2-3 weeks. Just my toughts.
RVN - decent trade, with LOW RISK = good R:R, bought a bagThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about crypto or any coin and also leave a comment or like, i really appreciate it because then my work makes sense :) thanks!
Ravencoin [RVN/BTC] on July-08 (#RVN #RVNBTC)RVN is still left behind while most other coins are pumping up. This is a bad sign in an uptrend because there will always be coins that never pump in Altcoin season but only suddenly pump in an unclear trend.
RVN can go up to 230-250sts and even 280sts
However, always be ready for a stoploss below 195sts
RVN looking bullishHi,I am again come with my idea after successful celr breakout idea.I think you guys enjoy celr breakout.
Now i am going tell you about RVN.
RVN looking bullish into 4H chart and 1D charts.
4H falling wedge anytime soon can break and 1D chart bottom already.
I don't give you advice to invest without research.I am learner so invest on your risk.I am not financial advisor.
Hope you enjoy good profit into celr.Alt charts works good when btc stable.BTC up/down bad for alt.
RVN BREAKOUTHi guys hope everyone is doing great. In this post we can see exhausted sell off of RVN and currently trading between 204 -- 205 sats. RVN looks bullish to me as we got buy signal on MACD at 28th of June but haven't seen a breakout to upside along with it MA and EMA look promising so I am expecting as we break above this wedge we are going to see explosive move.
Raven coin squeeze with raising RSIThere is pressure squeezing the raven. In between the yellow support and resistance lines is accumulation zone. The break above the yellow resistance with a daily close is bullish move.
This is an idea for entertainment purpose only. The dates and percentages are only educated guesses and are not to be taken literal.
Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community.
Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.
A fork of the bitcoin code, Ravencoin features four key changes:
The issuance schedule (block reward of 5,000 RVN)
Block time (1 minute)
Coin supply (21 Billion)
Mining algorithm (X16R)
This algorithm is intended to address the centralization of mining caused by ASIC hardware. In the X16R algorithm paper, the team behind the currency explains that the fixed order of ordinary hashing algorithms lends itself to the construction of ASIC miners.
However, the X16R algorithm aims to overcome this problem by constantly disrupting the ordering of the hashing algorithms – it uses the same algorithms used in X15 and SHA512, but the ordering of those algorithms is changed based on the hash of the previous block.
Fulll Disclosure. I have purchased a decent sized bag of RVN and will be holding unless support breaks.
Low risk, high reward @ a 50% win rate is all the edge you need to succeed!
