Ravencoin / Bitcoin

Long

Updated

New horizon for $RVN after strong accumulation explains

I will here just a few points

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

I pretty sure that will get new horizon in middle-term perspective

Note

Sooner than I think. 1 hour impulse candle on 13%. has really nice mm.
Will go much higher for sure

Note

Take attention on volume indicator too. It's huge

Note

Spotted strong resistance on 0.786. If will break it - it stands mega bullish.

Note

Yes. It breaks the 0.786 Fibo and formed a mega bullish pin bar (on 1H candle).

Note

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.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.