🔥 RVN Volatility Incoming: 10-Month Wedge Break Out

٢٤ أكتوبر ٢٠٢١

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!