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atnsarts.eth pfp
atnsarts.eth
@atnsarts.eth
Good afternoon A quick TA about Moxie A rising wedge coming from a downtrend with the combination of money outflow ( cipher B ), rsi is below 50 and the upcoming death cross of EMAs making very hard for this coin to get momentum.
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Gambino pfp
Gambino
@greatgambino.eth
TA can be subjective though. You see a rising wedge and I see the market structure making a higher swing high and higher swing low. MACD and signal line recently crossed the 0 line into the positive and RSI is basically at the 50 line (49.65) not significantly below. Those are all generally bullish. I don't think TA alone applies in this case though because of the utility, but you could look at any chart and find something positive or negative to say. Let's see what happens.
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atnsarts.eth pfp
atnsarts.eth
@atnsarts.eth
Even thought the rising wedge is not 100 % because it needs one more touch at the upper trendline. Also moxie must avoid the death cross and make these emas resistances. But yes time will show
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