reply guys

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.

# # # # # # # 𝄃𝄃𝄂𝄂𝄀𝄁𝄃𝄂𝄂𝄃 # # # # # # # 𝄃𝄃𝄂𝄂𝄀𝄁𝄃𝄂𝄂𝄃 # # # # # # Web3 Singularity is close

https://linktr.ee/atnsart

Normally the death cross is just an analysis to spook the small investor. It often works the opposite of what it first signals. But moxie is basically struggling with constant sales pressure and lack of buying pressure. The fact that they perceive every criticism as hostility to them is an extra bonus. For once bearish TA may be right.

The worst thing about this death cross is that the EMA are so close together so momentum is gone. And yes sometimes hostility is the worst bearish thing that can happen. Thank you for commenting