Hello Traders,
RVN has already launch from its major support at 0.09 and heading towards another key level at 0.11. Bat structure is spotted and currently RVN is moving at the right wing of it which at the same time is following its 3rd wave. Let see if this bat harmonic pattern that coincide with Elliot wave works out. RSI is already above 50 line and the MAs are in good uptrend formation.
Buy: $0.09-$0.1
TP1: $0.13
TP2: $0.149
RVN has already launch from its major support at 0.09 and heading towards another key level at 0.11. Bat structure is spotted and currently RVN is moving at the right wing of it which at the same time is following its 3rd wave. Let see if this bat harmonic pattern that coincide with Elliot wave works out. RSI is already above 50 line and the MAs are in good uptrend formation.
Buy: $0.09-$0.1
TP1: $0.13
TP2: $0.149
Comment:
TP1 hit