Buy Zone 779-809 Stop Loss 770 only 1% Target 903 if resist cross
Raven has plenty of Volume and a consolidated trading range. A teacup formation and long supply test has already taken effect and the next step is a fast move upwards. Hang on tight and enjoy the ride.
See the chart.
Just a quick chart to show some of the support areas for RVN. Some thoughts - 530 Sats is the only area that was tested twice - 530 Sats is also at the 68 retracement range - 4 hour MACD has crossed bearish - Daily RSI will be out (14 bars) in a day or two so if it does manage to stay at current levels or moves up from there it will be severely overbought - 4...
A couple entry targets and sell targets. Lines of fib retracement lines of confluence showing in red. Entry 1: 0.00000779 Entry 2: 0.00000682 Target 1: 0.00001193 Target 2: 0.00001342 Target 3: 0.00001535 Stop: 0.00000624
A few targets for this nice little sprint we've been on. Take profit. Set stops. Trade your plan.
current price based on last ath break in april and some fractals gave me a top of 1050 ish and a pull back of 800 ish on the way to 1800 sats.. it could overshoot into 2ks and then follow an abc retest while adoption takes place for assets.. if the current retrace plays out then this price should form a strong resistance after ABC at 1k ish
This is not how these pumps end. This will have a 100% daily gain next. Challenged to post so here it is.
Raven mainnet launches October 31st so there is a lot of excitement in the market. I expect the upward trend to continue with a short term fall back to the trend line. I suspect an ATH may be in the short term with a large retracement shortly after the mainnet launch. Keep some things in mind before taking action: 1) tokens regularly went 10x last December and...
Circles represent buy zones before next take off.