Over the past 10 months or so, RVN has formed a huge pennant. With the price slowly creeping up on the wedge's bottom trend line, we could see some strong volatility in the short-term.
Seeing the state of the market, I'm expecting a bullish break out, maybe as soon as in the coming week.
Wait for a confident break out of the pattern, ideally with a strong green daily candle.
Targets are placed at $0.17 and $0.20.
Happy trading!
Seeing the state of the market, I'm expecting a bullish break out, maybe as soon as in the coming week.
Wait for a confident break out of the pattern, ideally with a strong green daily candle.
Targets are placed at $0.17 and $0.20.
Happy trading!
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