Ravencoin continues uptrend - 4H
Hello dear traders.
I see some bullish signs for RVNBTC pair :
1) it started the uptrend after breaking above the purple trendline with confirming volume.
2) broke above EMA(50) in the daily chart by 15%.
3) in 4H chart, Healthy RSI which is in an uptrend and above 50.
4) in the daily chart, RSI looking great. Broke above 50 and resistant trendline.
5) MACD lines above 0 and trending up.
Only bearish thing is Divergence in MACD’s Histogram.
Thank you. Happy trading.
I see some bullish signs for RVNBTC pair :
1) it started the uptrend after breaking above the purple trendline with confirming volume.
2) broke above EMA(50) in the daily chart by 15%.
3) in 4H chart, Healthy RSI which is in an uptrend and above 50.
4) in the daily chart, RSI looking great. Broke above 50 and resistant trendline.
5) MACD lines above 0 and trending up.
Only bearish thing is Divergence in MACD’s Histogram.
Thank you. Happy trading.
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