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DM Indicator

BTC USD Demark indicator Bitfinex 1 hour chartBTC USD Demark indicator Bitfinex 1 hour chart. Now that was quite a down trend we just saw the last few hours. Demark indicator suggests an up trend now this hour. The purpose of the Demark indicator is to achieve a 9 candle on an up trend or down trend. I will not go into the details as to how this occurs, but this is the aim. Currently we quite clearly see that we have achieved a 9 candle on the down trend. These down trend candles are the ones with red numbers below. We actually pumped on the 8 candle before we got to the 9 candle. This is because people know this is a highly used indicator and so the market will sometimes try to get in or out early before a 9 candle is achieved. Normally on the 8. 9 candles, if achieved and follow the Demark pattern, will be a reversal candle in the current up or down trend.
BITFINEX:BTCUSD
by cbassthefish
$MTL heading to strong buy signalThe Demark indicator is telling us that $MTL is shaping up for a huge move upwards. I will not go into details explaining the indicator (Google it), but on october 7th, Metal reached a perfect TD Buy Setup. That triggered the TD Buy Countdown timer. If a candle is red and closes lower than 4 candles ago, the countdown increases. The countdown does not stop even though days in between do not meet this requirement (except when a sell setup appears, but that's not the case here). When the countdown reaches 13, it's a very strong buy signal. For $MTL, that signal is close and might very well arrive today. For that to happen, the candle has to stay red today (so needs to close below 78000 satoshis) and close below the 31 oct candle which closed at 102000 - but closing below 78K meets that requirement automatically. If it does not reach countdown 13 today, the next signal could appear tomorrow, but then the candle close below the 1 nov close of 70000. Failing that, it might go down towards 60K. Notice how the volume is increasing strongly - it's a good bullish sign. Either way, you're pretty good. If it closes above 78K today, the 13 count is not completed today but at least you're up compared to the current level (about 70K). It's also very well possible that the 13 count does not appear, but for that to happen a sell signal has to appear and the chart needs a strong upwards momentum for that to happen. And well, who doesn't like a strong upwards momentum :) Notice that the price of MTL at the time it entered the market (july 9th) was 60K satoshis. We're close to a full retrace and likely to start Wave III. Disclaimer: I only started using the DeMark indicator recently, and this is the first perfect setup I found. Trade at your own risk. I'm using the Demark indicator from Jan WillemDe Korver on this chart.
MLong
by AndersF
TD Indicator will hit a Daily 9 TodayIn about 8 hours I will try to open a Shortpostion, the TD indicator will bring a Daily 9 which Potentially should lead to a 1-4 day correction (source Tone Vays). In the 4 hour timeframe it should hit the 9 in about 8 hours. Plan is to Open the Position at 7700 with a StopLoss of 8000, Target about 6800 maybe having a close trailing if it comes to that region. Notice: Im just a newbie and nobody should Trade based on what I post, its just my Personal oppinion how it should go according to the TD indicator.
BITSTAMP:BTCUSDShort
by kremsy
10
BTCUSD - Fall 2017 FractalsI noticed this fractal pattern beginning to occur shortly after the current all-time high around $5,000. Based on the previous top and pullback of ~21% and, roughly, a month period we should be expecting a large pop in the coming week or two with a run-up through October. The price should peak in late November. The chart shows around $8600 for a top but, it's possible that the top may be closer to $10,000 since it is a round number and a large area of psychological resistance. This peak will coincide with a "TD" Set Up and Countdown indicator on the Monthly which is set up to be a '9' for the month of November. At that point the fractal would repeat with a pullback to the previous all-time high of $5,000. Current trading strategy would be go to long once the price breaks $5000. Consider taking profit over $8000 but before $10,000.
COINBASE:BTCUSDLong
by coopc
Still bullish outlook - intra-day price swings; Ride the wave!Comment: Worked out well! New green daily 1 to x(?) count points to further days with bullish price action - if the bears take over today we will get a red 5 count with possible further downside days ahead of 1. Aug. key date. (non-event?) - Price might squeeze up due to reduced liquidity on exchanges as traders pull their Bitcoins of to secure them in cold storage when sailing through uncertain days ahead. Expecting intra-day price fluctuation, with switching indicator (number) colours; let's hope support holds! Further bullish indicator; if we close today above the 18 day moving average (high). July 27 Bullish as Fuck! Short-term BTC Bullish as shown by Tom Demark indicator if we close above yesterdays 3 count... comparing here with earlier daily price action with same move as shown by Tom Demark Indicator from the Traidingview indicator library.
BITSTAMP:BTCUSDLong
by Bitcoin_N_Robin
2
ETHBTC Weekly Chart Analysis, TD Sequential and Spinning TopTaking a step back and looking at the Weekly ETHBTC Chart, we see that the TDSequential Indicator signaled a Buy Trade (Red 9) on the week of December 5th, 2016 around the level of .01 BTC. This level held steady until the breakout in February 2017. When the market finally reached exhaustion, we were signalled a Sell Trade (Green 9) on the week of June 19th. Smart traders could have anticipated the 9 and made the trade one candle earlier on the week of June 12th (Green 8) to lock in maximum profits. Since the Sell Trade signal, we have had a four-candle correction to the downside (two to four is typical) and are now watching a Bullish Spinning Top form on top of the .5 "Fibonacci" Retracement Line as the week of July 17th comes to an end. If the Doji completes and we do not break below the longterm Bullish Trendline and 20-Week EMA, we can expect a bounce upwards to try to break out of the Bearish Channel. It should be noted that when zoomed into the Daily Chart, we were already given two Buy Trade signals on June 27th and July 9th (both Red 9's) and as of today, July 23rd we've made a Red 4 count in yet a third Buy Trade sequence. For confirmation of the trade, we should look for the RSI to make a tick towards the upside on the next weekly candle, or at least to hold above 50. On our move upwards we can expect resistance (and place targets) near .1 BTC and .12 BTC, both of which correspond to Fibonacci Retracement Lines, and again near .14 BTC which corresponds with the TDST Line (Tom Demark Setup Trend) before re-testing All Time Highs near .15 BTC.
by TV_Indicators
Elliott and DeMark say ETHUSD topping out?I am using both Elliott Waves and DeMark indicators to study ETHUSD. On the 3D chart it looks to me like both are saying that major moves are completing. My EW counter along the bottom has printed a 'Sell' indicator. Caveats apply, though. The setup was stretched-out (which is good), but the 8th and 9th bars were not higher than all the others (the 3rd bar is the highest), so it doesn't qualify as perfect. In case it's not clear the first red bar across the bottom is actually bar 9 of the set-up - the preceding 8 bars which show up as blank are bars 1-8. As the countdown proceeds the thicker red bar gets longer until the count reaches 13 and the Sell signal (thickest bar) is printed. The 5th wave of the EW pretty clearly has 5 sub-waves.
COINBASE:ETHUSDShort
by stripykitteh
1
KORS-160411-STO/DMK-G1W-SHORTNYSE:KORS has a fast and strong recuperation over some weeks of downtrend, but this provocate a overload, the future are not clear from a technical perspective, meaby can develop a big ascending wedge or simply continue to the abyss, but for the next weeks is clearly the stochastic indicate a turn down, the Demarker are overload and the price action show a turndown. The price is reacting about the 78.6 of fibo but is early to determine. Speculative Frame Set: SHORT Open from: 52.297 Target 1: 46.7
KShort
by eldeivit