New horizon for $RVN after strong accumulation explains

Uppdaterad
I will here just a few points

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

I pretty sure that RRVN will get new horizon in middle-term perspective
Kommentera
Sooner than I think. 1 hour impulse candle on 13%. RRVN has really nice mm.
Will go much higher for sure
Kommentera
Take attention on volume indicator too. It's huge
Kommentera
Spotted strong resistance on 0.786. If RRVN will break it - it stands mega bullish.
Kommentera
Yes. It breaks the 0.786 Fibo and formed a mega bullish pin bar (on 1H candle).
Kommentera
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.
FibonaccirvnRVNBTCSupport and ResistanceTrend Lines
alphanarrative

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