RMRK by Acqua Cannabis

7 Feb 2019

I would have preferred the price to reach again at least 0.0010, but in the daily timeframe a pullback is observed in a certain narural way, that is why you can not forecast for projections from a very small timetrame, one hour, etc. RMRK is shaping a pattern in the form of a channel, that coupled with the positive volume and stockastic and the CMF (Chaikin Money Flow) is in the middle and oversold, suggests that the price should be recovered in the coming days, although to be fair the Range has remained high compared to the previous months (0.0008 ~ 0.0010), closing at 0.0009 which is not bad at all. Although I wanted things to be faster, the "lows" have remained bullish. The Alligator that usually pre-empts the movements of the near future, leading indicator, announces a rise. The price, seen through the candles, shows us a classic Doji, indicating indecision or in the best case interruption of the address where the movement came from, in this case it was going down, so we could expect a rise in the following days.