RVN/USD - Raven is going to Heaven! :D ATH in range!

١٣ فبراير ٢٠٢١

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.

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