Ravencoin (RVNBTC) had a massive bull run earlier this year, which we caught in full. This one generated over 500% profits... It is true, go here and hit play:
Now, the charts are starting to look bullish again and we believe Ravencoin can produce similar gains:
We can see RVNBTC breaking out of a falling wedge, this can translate into massive profits soon.
Trading volume hits new lows, with green/bull volume increasing.
We have a bullish RSI.
MACD is still bearish but leaning towards the bulls.
With our classic signals now in place, we can prepare for what is to come ahead.
You can find our main targets marked with yellow lines on the chart.
Make sure to leave a comment if you have any questions, it will be my pleasure to answer.
Thanks a lot for the support.
This is Alan Masters.
Namaste.
Comentarios
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Sideways consolidation in place... This is healthy. We remain patient...
So what you see described as a "target", it is where we believe the price will stop.
This is where we sell for profits.
Namaste.
Coolduck46
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@alanmasters, Personally, do you sell at every target and buy back lower and then sell at the next target?
AlanSantana
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@Coolduck46, No, in general, I wait long and set at higher targets.
Some trades I have for quick profits and sell at lower targets.
It all depends. I have different stacks for different types of trades and strategies.
Some for long-term, others short-term, BitMEX, swing trades, etc.
Namaste.
Coolduck46
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@alanmasters, Ok thank you for teaching me. Is the current consolidation still healthy?
Coolduck46
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Is there any update on the analysis based on the last few days? Trying to learn how analysis will change based on price developments. As always great work, learning a lot!
AlanSantana
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@Coolduck46, It is the same. Same chart basically.