Today's Rank has been good, has remained between 0.0008 and 0.0009 closing at 0.0009 which is a sign of strength, no jumps, rising slowly but steadily. As expected the price starts to detach from the lower line support of the Canal and the daily chart leaves us a bullish Doji, and I would not be surprised if it continued, along with the ups and downs, looking for...
It did not happen what I expected, but at least the price did not plummet too much. The range remained at attractive levels, from 0.0008 to 0.0009, if we consider that only about two months ago the range was maintained between 0.0004 to 0.0006. The indicators do not bode well, rather predict a decline but not important, the Stockastic has remained too long in the...
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...
I have been following the movement since early. The open was 0.0010 and for the moment we saw it reach 0.0011 and plummet to 0.0009. The support remains at 0.0009 and apparently does not allow it to go down too much. If we look at the Alligaror of Williams we can see it tangled, showing indecision, but the hourly Stockastic in the middle of the oversold zone,...
In general, there have been no surprises, the pullback has been made and apparently begins a rise in price, slow but sustainable, hopefully the theory of Fibonaci work in this opportunity. In the daily chart you can see a bullish movement, if we observe the minimum price that shows each pullback or previous pullback, we see that each minimum price has been higher...
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...
I am very happy to see that the previous analysis has been positively fulfilled. I was betting on a RMRK valuation, but I did not think it was that important. Today at some point I reach almost 0.0012 and closed the market at 0.0011. If we take the lines of trends, which form an almost exact channel, we could infer that RMRK is ready to take a break or pullback,...
It was a possibility, but it turned out positive. It broke the pattern triangle towards the bullish direction until reaching 0.0010, which was announced according to the technical indicators analyzed, but it is also true that no indicator is infallible, although they bring us closer to success than gambling. The rise has been considerable, and we might see a...
After having been raising and lowering the price against all indicators, pointed to a support of 0.0006, once again RMRK shows that it is valued consistently. Although the market has been unstable and with many indecisions, the bullish force exceeds the expectations. Some undecided Dojis has dominated these last movements, I am inclined to think that although...
RMRK has moved horizontally forming a channel pattern, we hope to break in any direction at some point. If the news remains not only good but real, it will be reflected in the participation of investors. In that case the price would remain bullish. The retracement has been close to 61.8%. If we are guided by the theories of the projections of Fibonaci, and the...
As we had previously commented, you can see an appreciable recovery in today's graph. almost closing the market has reached 0.0007, something that is in agreement with the three MA of the indicator leading Alligator of Williams and if we observe the Bollinger Band, based on the standard deviation, it would not be surprising that it will continue after some...
RMRK lost its strength in recent days, perhaps because it was influenced by the irregular movement of the stock market on Wall Street, for having presented its economic report with some delay, for approaching the holiday weekend, or for another reason, but the which was expected to happen, a day of erratic start until it stabilized at 0.0006. If we analyze the...
Adjusting the trendlines for a smaller timeframe, say the last 20 days, I inclined to comment on the following: The triangle pattern, this time on another scale is maintained, to judge by the number of dojis in this period would indicate indecision, but a more detailed analysis shows most of the dojis as Dragonfly, these last three days, by the way with a start of...
From the fundamental point of view, the development of RMRK from having incorporated Acqua Cannabis and appointing the prestigious Hugo Romeu MD as COO is evident. The development plans they announce are not a chimera, they are facts that will soon see the results as they show their movements. Looking at the technical analysis, it is interesting, despite the low...