RMRK continues its rise. Although it makes some erratic movements the low low continues to rise and the resistance line keeps making the climb difficult, continues the pattern of ascending triangle, after making some adjustments to the trendlines, there is no fixed moment in which a breackout breaks the barrier from 0.0012. When I write this comment, at 10:40 AM, I see something strange. The last candle is in red, both in the timeframe of the day and in the hour, when it should be in green, because as you can see in the graph at this time we are in 0.0010 after having dropped to 0.0009. I thought it was some mistake of confusion and I checked in other pages like OCT Market and Yahoo Finnancial and I was right, I think it was an error in the tradingview chart that worried me. Why do I get scared? because sometimes because of the lack of time you usually see only the graphics, especially the candles, without the proper analysis and in cases like this can lead you to an error of decisions. No error appears in the bar graph. If I am wrong, I thank you for taking me out of my error. In general I remain optimistic with the slow but safe rise of RMRK. The volume most of the time remains above the moving average and the indicators, although discreet, announce a bull market.
We hope to see how the day unfolds.
We hope to see how the day unfolds.
Comment:
Finally RMRK close in 0.0011 which is encouraging. In the 4 hour chart, you see the price at the high. Although the volume does not help, the moving average indicates bull market. I am satisfied with the behavior of today, I hope tomorrow I will continue the price approaching the resistance line with the desire to make a breakout and surpass those values. Tomorrow is Friday, let's hope it closes this week.