Ravencoin RVN Coin Price Prediction Urgent Alert!steemCreated with Sketch.

in rvn •  2 years ago 

So on the rev coin you have two scenarios right here uh head and shoulder breakout scenario will give you around 65 percent gains and one dip scenario will give you around 69 gain

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by looking at the weekly chart right here and right away i can see this was a pump here and i jumped right here and the price is trading near this support here at around two cents three cents

and you can see nice support and resistance area all the way and and from that level the price is showing a signs of bullish price action here and let me go to the daily chart and

previously candle was extremely bullish and i can see a pattern here on the daily chart this is the left shoulder this is the head and this is the right shoulder so this is the inverse head

and shoulder pattern and this is the neckline right here and if we manage to break above this neckline then let me give you a price prediction for this like here if i do it like this and

extend it outward so let's say if the breakout happens right here around 4.5 cents then you could target the 7.1 cents region and that will be again of about 64 gains here in the rev coin so

first we need to see a breakout above this level right here and then we could target this high and coincidentally there is also a support and resistance area right here at the target level let

me go to the 4r chart and for those of you who want to buy this coin based on their own reasons and obviously that's not the right place to buy right here at the top we'll have to wait for the

breakout of the hand and shoulder inverse head and shoulder pattern or you could wait for the dip entry right here and in my opinion first dip will come right here at around 0.0239 cents

and if you take along here your take profit should be at the next resistance and that will be again about 60 gains here and if i go to the daily chart once again then another breakout target

was right if we take along here and you should take the profits right here and that will be again of course 64 games here so on the rev coin you have two

scenarios right here uh head and shoulder breakout scenario will give you around 65 percent gains and one dip scenario.

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