Login / Join

Technical analysis by Arthur_de_Vrome about Symbol RVN: Buy recommendation (8/28/2025)

https://sahmeto.com/message/3740192
Arthur_de_Vrome
Arthur_de_Vrome
Rank: 5662
1.6
Buy،Technical،Arthur_de_Vrome

Ravencoin has spent years consolidating inside a broad falling wedge structure. What looks like relentless decline is in fact a long compression phase: each new low carries less momentum, and every dip is quickly absorbed. 🔋 The Launchpad The $0.010–0.013 zone has acted as a fuel tank. Each return to this level flushes out weak hands while strong hands quietly reload. The longer RVN stays here, the more energy is stored for a breakout. 📈 The Technical Setup Falling wedge nearing completion → compression is mature. Shake-outs below $0.010 have been consistently absorbed. Higher lows on short timeframes suggest accumulation pressure building. Orderly price action vs. the “whippy” moves of earlier months hints at stronger hands in control. 🔗 The Broader Context RVN’s historic parabola in early 2021 ignited shortly after Ethereum broke its ATH. The same conditions may be aligning again: BTC has already gone parabolic, ETH is pushing higher in its own rotation, Alt liquidity historically flows next. 🐘 The Trigger The setup is simple: watch for the elephant candle — a breakout with 3–5× average volume that closes above the wedge. This is the classic ignition signal that can transform a long accumulation into a rapid parabola. 🎯 Risk–Reward Downside: Accumulation fails → risk is limited to the launchpad zone. Upside: A confirmed breakout could target $0.10, $0.25, or beyond, replicating the asymmetric payoffs of 2021. 📐 Fibonacci Time Zones A striking feature of RVN’s historical chart is how major turning points align with Fibonacci time windows. The 2019 and 2021 parabola launches both coincided with these time projections — and the current wedge is once again pressing into a key zone. Time zones don’t drive price, but when combined with technical compression they can highlight periods where big moves are most likely. In this case, wedge maturity and the Fibonacci window overlap, creating extra confluence. Personal note My former analysis was right in the pattern, but off in timing. The wedge extended longer than expected — but that only means more fuel has now been loaded. 👉 Summary: Ravencoin sits at the intersection of a mature falling wedge, a fully loaded fuel zone, and a Fibonacci time window, absorbed every shake-out, and continues to fuel at $0.010–0.013. If the elephant candle confirms, the parabola could ignite quickly, swift and decisive. 👉 In the next article: Wyckoff, targets, stop loss & other fun stuff.

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$0.013754
Share
Signals
Top Traders
Feed
Alerts