Keep an eye on Flare..
I've been watching Flare for quite some time plotting a potential entry for a long-term hold. (See my previous posts on Flare.)
This chart shows that each time the histogram on the MACD is green, once the green bar turns white it signals a downturn in the price (as indicated by the red arrows), and those signals thus far have acted as a barrier that present significant resistance to future price movements above those areas (represented by the red lines).
This chart shows that each time the histogram on the MACD is green, once the green bar turns white it signals a downturn in the price (as indicated by the red arrows), and those signals thus far have acted as a barrier that present significant resistance to future price movements above those areas (represented by the red lines).
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