In weekly chart, raven has no room for correction.
It look like its finished. And we are seeing some volume coming in today.
$0.04 will be resistance. If it pass this level possible to launch a rocket. We'll see.
(I excluded scam wick from the count)
Ravens in general are smart and trickery, which explains the name. Ray Dalio once said in a 2016 interview and he implied pegged assets to a certain coin and the price would be determined by the supply and demand. For example, Banana coin. I've read their white-paper and I love idea of pegging one banana token to a kilogram of banana As opposed to a crypto named...
If your new to the crypto one thing is that its not only bitcoin and etherium there are plenty of OPPURTUNITIES At 0.002 this cant get any better for early investors. One thing to take in to account is knowledge is power and based on it you invest.
We see a ascending triangle on the 1 hour chart = Bullish
A good entry can be once the price breaks the triangle or when it finds support on the bottom of the triangle.
Good luck ;)
RVN/USDT - Leading diagonal - Binance 1-week chart with correction
For this graph, We use Elliott Impulse Wave (12345) with eclipse tools below and rectangle movable tools.
MacD below
On this graph, we saw a perfect leading diagonal Bullish Scenario with correction
Verdict:
We open risk, Good buy at $0.031 to $0.032
Stop loss at $0.030 - $0.029 as long it...
On my previous Raven USD idea I took a guess of where the long-trend channel was and during the BTC panic sell-off that just completed, Raven form a slightly lower channel and so, this is a corrected chart with a slightly revised channel upwards. Great BUY in my opinion.
Checkout my latest BTC idea below.
LONG TIME TENDENCE WITH SUPORT IN
RSI DIVRGENCE
VOLUME DIVRGENCE
FIBO retr.ZONES and FIBO TIME ZONES
HARMONIC TRIANGLES
Eliott waves with a 5 wave with 3 impulses
looking to trade these new alts more effectively...
just a small entry. overall market isn't really in a good position to be playing new alts coin breakouts
coin was added to bittrex on 10/24
1400 coins at .0429 or $60.12
not really looking to make money here trying to build my ability to trade new coins (ipo style trades) so when market conditions are better...
