RVN has a pretty clean chart. We can see that price broke out of the macro falling wedge and is now back testing it and holding as support which is bullish. Note that the wick low was equal to an old wick low. The saying goes that equal lows and highs are meant to be taken. However, if RVN holds this support and the bull run continues with BTC, I could see this rather being a macro W formation and price could rise back to the most recent high and begin the breakout back to the ATH. Note the volume on the candle with the recent high...the most buying volume RVN ever had in a week.
Catatan
Broke out of the falling wedge.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.