DMarket Passively Moving Above Resistance | Easy 145%+
I am noticing many of the Bittrex altcoins starting to move 'passively' above resistance.
By "passively" I mean that there is no volume moving up... Which means that there is no seller's pressure.
We can see a higher high (HH) on the chart above and the MACD now above 0 (bullish). The RSI is super strong.
EMA10 and EMA50 have been conquered as resistance and will now work as strong support if DMTBTC moves back down. While trading above these levels, the bullish scenario seen here remains valid.
EMA10/50 is now sitting within the 0.00000813 - 0.00000841 price range.
DMarket can easily move higher in Nov./Dec.
All the Fibonacci targets are marked on the chart.
Thanks for reading and for your continued support.
Namaste.
By "passively" I mean that there is no volume moving up... Which means that there is no seller's pressure.
We can see a higher high (HH) on the chart above and the MACD now above 0 (bullish). The RSI is super strong.
EMA10 and EMA50 have been conquered as resistance and will now work as strong support if DMTBTC moves back down. While trading above these levels, the bullish scenario seen here remains valid.
EMA10/50 is now sitting within the 0.00000813 - 0.00000841 price range.
DMarket can easily move higher in Nov./Dec.
All the Fibonacci targets are marked on the chart.
Thanks for reading and for your continued support.
Namaste.
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