RMRK by Acqua Cannabis

14 Şub 2019

The RMRK market behaved in the expected manner, downward, upward, but always bullish. We did not believe that it would break the channel and then return, we feared a substantial decrease, but it did not happen, on the contrary it recovered, reaching 0.0011 and then closing at 0.0010, which is excellent. If we observe the Bollinger bands they indicate us supersaturation and have two paths, meander in the upper band or go back to the lower band. But, there is always a but, the Alligator, the Moving Average of 20 periods, the Stockastic and the CMF Chaikin Money Flow, indicate an upward trend. But what do the candles tell me? that against the price increase movement, there was a rejection in the last few hours,
 a resistance but that the end beat the buyers to close in 0.0010. Observing the Doji, Dragonfly, at least I inclined to the bull movement. For what we believe although at some point I could breathe, a pulback, the bullist movement will persist. Let's wait for the next days.