Scaled buy at the fib 38.2% support level. Stops just under the candle wick.
If we take out some profits we can looking for new entry points in the near future!
Following the Binance announcement made on the 11th of October (twitter.com), that RavenCoin will be added to their listings on the October 12, RVN/BTC uptrend has begun. Price surged from 220 up to the recently established all-time high, reaching 824 satoshi. In 10 days Ravencoin has outperformed the Bitcoin by 333%, which is an amazing growth in a very short...
RVN has had a great uprun last few days after being added to Binance. I've scalped the momentum here a there a bit and it has finally topped (at least for some time). RVN made a higher high while MACD made a lower high showing a bearish divergence, meaning that price is being pushed up by declining momentum and this was an early sign of weakness. I've tried to do...
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
Let's see how strong this coin is. My guess is .5 or sooner. .5 coincides with a whole number of 700 sats so it would make the most sense if it can make it down that far.
A few targets for this nice little sprint we've been on. Take profit. Set stops. Trade your plan.
Looking for price to trade and close below red trend line to set up a larger trend reversal.
My first try at technical analysis. Just learned a bit of elliot waves and laid out a plan based on the volume and ma
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
hmmmm.....
Due to the registration of the new floor and price rises, the price of the channel is expected to fall into the bottom of the downtrend. Be profitable.
This is not how these pumps end. This will have a 100% daily gain next. Challenged to post so here it is.