alphanarrative

New horizon for $RVN after strong accumulation explains

Long
BINANCE:RVNBTC   Ravencoin / Bitcoin
I will here just a few points

- Big volume in
- Marketmaker of $RVN very similar that $MATIC one
- Back from the double bottom
- Durable accumulation
- An impulse that has a big volume

I pretty sure that $RVN will get new horizon in middle-term perspective
Comment:
Sooner than I think. 1 hour impulse candle on 13%. $RVN has really nice mm.
Will go much higher for sure
Comment:
Take attention on volume indicator too. It's huge
Comment:
Spotted strong resistance on 0.786. If $RVN will break it - it stands mega bullish.
Comment:
Yes. It breaks the 0.786 Fibo and formed a mega bullish pin bar (on 1H candle).
Comment:
Also, we need to close the 4H bullish pin bar to get more bullish. But for short term traders, I wanna make a warning, no FOMO, please.

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