RMRK by Acqua Cannabis

5 lut 2019

Based on what was analyzed on Friday, the pullback was indeed prudujo. It was logical, since the price had broken the upper band of Bollinger so it is not illogical, that I tried to go down looking for the lower band, something that I would do as a respite. The Moving Average of 20 periods is maintained in the graph of a fairly stable hour, although showing a small drop, it is due to the tetracement, it should have been even more pronounced. It has lowered the price to 50% approximately of the last AB course, and apparently has found a support area that fails to beat. If tomorrow the price is maintained without going too low, it would be logical for it to begin a sustained rise, surpassing the level of B and perhaps reaching more than 12 points, according to the projections of Fibonaci. Finally the Stockastic descent, but at the same time is in the overbooked area, so it would also be an incentive Bull bull movement.