New horizon for $RVN after strong accumulation explains

6 בדצמ׳ 2019

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

7 בדצמ׳ 2019

הערה

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

7 בדצמ׳ 2019

הערה

Take attention on volume indicator too. It's huge

7 בדצמ׳ 2019

הערה

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

7 בדצמ׳ 2019

הערה

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

7 בדצמ׳ 2019

הערה

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.