REVV/USDT 4H Idea

3 Ara 2021

Following the breakout of a LTF rising wedge, price is now nearing the end of a HTF falling wedge which could serve as a possible trend reversal. Price is currently decreasing while there is an apparent decrease in volume, along with possible bullish divergence displayed on the 4H RSI to support a bullish reversal idea. A potential long entry could be provided upon the confirmed breakout of the HTF falling wedge. An aggressive entry opportunity could be provided following a bounce off of support (HTF 0.786 fib level).