Post by
Gilbert90 on Dec 13, 2018 3:03pm
MACD and RSI
The trend for the MACD doesn't look good not only for FIRE but for almost the entire market. It is always (or 95% of the time) a bad sign whenyou have this combinaison :
The RSI stabilise or move up a little bit
The OSC and EMA on the MACD crossed and are moving up
But the price doesn't move or is still going down.
It is a sign of a very very fragile market and usually it breaks down without a warning but around 5% of the time the market will get a freash tiny brath before the next slump.
Right now almost all the cannabis is experiencing this combinaison.
I hope I'm wrong.
Comment by
Gilbert90 on Dec 13, 2018 3:39pm
I was wrong in my analysis and so happy to been wrong. Now lets see if it is only a hickup or if it is for real