A few days ago I made an analysis on RVN and its 10-month pennant pattern.
As of yesterday, the price has broken out of the pennant and is likely to resume the trend. Classically, consolidation pattern break outs come with a decent amount of volatility once they break out. Since this is a 10-month pattern, I'm expecting a nice move in the coming days.
A less risky trade would be to wait for the price to come above yesterday's high, around $0.15, before stepping in.
Happy trading!
As of yesterday, the price has broken out of the pennant and is likely to resume the trend. Classically, consolidation pattern break outs come with a decent amount of volatility once they break out. Since this is a 10-month pattern, I'm expecting a nice move in the coming days.
A less risky trade would be to wait for the price to come above yesterday's high, around $0.15, before stepping in.
Happy trading!
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.