RavencoinLong
RVN/USD - Raven is going to Heaven! :D ATH in range!
Well well, not long after I posted my last idea on Raven, where are we now, inches from the old ATH! :)
Raven pumped for three consecutive weeks and now here we are, less than 30% from the previous ATH in 2019.
I am very confident we will touch the old ATH level and then perhaps face some resistance around that area as supply side/sell side should come in. Nevertheless, the market remains very bullish, so I expect us to go higher if this momentum continues.
First lets conquer our old ATH. :) We are also a bit overextended here, but that should not stop us from another nice pump.
There is no bearish signals on any indicators apart from the 4h RSI which has a bearish divergence, but that is not a good indicator to signal a top during a rally. MACD on all timeframes looks great which is a much better indicators in such conditions.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Raven pumped for three consecutive weeks and now here we are, less than 30% from the previous ATH in 2019.
I am very confident we will touch the old ATH level and then perhaps face some resistance around that area as supply side/sell side should come in. Nevertheless, the market remains very bullish, so I expect us to go higher if this momentum continues.
First lets conquer our old ATH. :) We are also a bit overextended here, but that should not stop us from another nice pump.
There is no bearish signals on any indicators apart from the 4h RSI which has a bearish divergence, but that is not a good indicator to signal a top during a rally. MACD on all timeframes looks great which is a much better indicators in such conditions.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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