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FieryTrading
Oct 24, 2021 10:10 AM

🔥 RVN Volatility Incoming: 10-Month Wedge Break Out Long

Ravencoin / TetherUSBinance

Description

Over the past 10 months or so, RVN has formed a huge pennant. With the price slowly creeping up on the wedge's bottom trend line, we could see some strong volatility in the short-term.

Seeing the state of the market, I'm expecting a bullish break out, maybe as soon as in the coming week.

Wait for a confident break out of the pattern, ideally with a strong green daily candle.

Targets are placed at $0.17 and $0.20.

Happy trading!
Comments
P_S_trade
Nice chart
Sobhan_23
Well done 👍🏻
kimstandgraph
Nice work thank you mate
ForexTrendline
amazing work here, thanks for sharing!
InkyGrip
thank you so much for sharing good content! 🦐
jojofang0901
good bullish price in the making :) thx
UnitedSignals
I guess we have a similar view on that. Well done!
YMGroup
excellent view
AtlasTrades
Looking good, thanks
AlkalineFX
Like the look of this!
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