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Chart of the Day: Ravencoin (RVN) by wildtrader

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cryptocurrency · @wildtrader ·
$71.60
Chart of the Day: Ravencoin (RVN)
![banner logo.png](https://cdn.steemitimages.com/DQmVngVC3d3dEcR2Y9DPRR4x8QKgnzRLnimnGgW9nKqRYyY/banner%20logo.png)

Ravencoin is a newer coin I'm watching right now. It appears that we have an attempt to trace out an impulse, a five wave structure. However, we only have three up so far. I have support for wave iv at at 2.98 cents. Ideally that level is held and we make a run to the 9 cent region. If this is fulfilled than we can watch for the next degree wave 2 pull back for a much larger swing trade. I plan to scalp Raven for the fifth here, but may consider putting raven in my long term portfolio if we get the next degree. I'll map that out after the fifth completes. 

![RVNUSD - Primary Analysis - Nov-06 2114 PM (1 day).png](https://cdn.steemitimages.com/DQmZRHUVQ74tk4zF76f1zwQM29b6j1maCjPqnRFFGy5thTQ/RVNUSD%20-%20Primary%20Analysis%20-%20Nov-06%202114%20PM%20(1%20day).png)

Note that free 15 day trials are available for our trading room and community on Elliott Wave Trader, where I am a full time analyst. You'll rub noses with professional, amateur and traders in the learning process, while getting trade calls and ongoing direction for the market. No credit card is needed for a trial.

Note non of my work, including the larger body of work for subscribers is intended to be a trade recommendation a I do not know your financial means, or risk tolerance. These are valid setups that can provide return, if using tight risk management with stops.

[Elliott Wave Trader](https://www.elliottwavetrader.net/cryptocurrency)
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vote details (184)
@miraedorra · 
Can you please tell me why do you always bid in the last 2 minutes?  You always fuck ROI in the last 2 minutes. Do you know if you bid before sometime than any sensible people will not bid? How you become a trader? You are a foolish man.
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@miraedorra · (edited)
Stop bidding in last 2 minutes you fucking looser trader. You always loss all people money. Why don't you bid before sometime? You made your post 19 minuts ago. But you bid when the bot is already full.

Because of you fucking last-minute bid, ROI goes to -5% in upme. We will not even get our investment back. 

How you become a trader? You don't have brain. you are  idiot. a foolish man
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@flipstar · 
you are a weired account
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@wildtrader · 
Is there a guide on this? If so point me to it. You don't need to be nasty. I'm a learner in this life just like you. How about teaching someone, rather than losing your cool. How did I become a trader? I got mentorship on how to make money from the market, and I made a career of it. Does that sounds like I'm an idiot?
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@naeemakhtar · 
Stock market dead cat bounce, then lock limit down.  Late Nov we begin to Moon as BTC is WAY oversold (especially with current bullish fundamentals). Prices are being manipulated down on exchanges while BIG money is buying BTC on the OTC market (which is not reflected on coin market cap).  I  expect another parabolic move higher buy EOY. Hail Nexus!
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@steem-ua · 
#### Hi @wildtrader!

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Your **UA** account score is currently 3.410 which ranks you at **#6926** across all Steem accounts.
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@zikkson · 
Your posts are very interesting to me! Thanks for this.
I also did some analyses on RVN yesterday. But i use Ichimoku Cloud instead of Elliott. If you are interested in check it out https://steemit.com/cryptocurrency/@zikkson/ichimoku-cloud-analyses-rvn-btc
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