DM Indicator
EURGBP - Exhaustion count on the daily chart.Trade Idea
The rally has posted an exhaustion count on the daily chart.
Price action has formed an expanding wedge formation.
Our medium term bias is bearish below 0.8919 towards 0.8826.
There is scope for mild buying at the open but gains should be limited.
Preferred trade is to sell into rallies.
Intraday signals are far from strong.
We look to Sell at 0.9000
Stop: 0.9025
Target 1: 0.8830
Target 2: 0.8800
Weekly BTC and the sequentialWeekly BITSTAMP:BTCUSD is finding some resistance near the TDST Resistance line.
BTC could stabilize between $7.000 and $8.000 and make consolidation pattern before another leg higher near $10.000 (next horizontal resistance)
Bullish momentum is still in place and 7 more weeks of uptrend move are still possible
Want to know more about the TD Sequential?
Check:
MATHR3E.
This is how you do proper technical analysisIt's a joke
... ... ... but also not!
Don't waste too much time my dears. Technical analysis is just like photography:
No editing: average photo.
1 min edit: good photo.
2 min edit: great photo.
5 min edit: average photo.
10 min edit: bad photo.
Replace edit for analysis and photo for trade and you've got the recipe!
Don't forget that traders, more than everyone else, know quite well that ... time IS money :D
SELL BITCOIN - DeMark Swing TradeBased on DeMark analysis of 1W chart, we're due for 1-4W pullback. This trade is based on a 1D chart breakdown of Ichimoku supply and Pitchfork center line. Anticipating a 9 Setup finding support at Pitchfork/Ichimoku levels, we buy and andticipate selling at Pitchfork resistance. Price can break out so taking partial profits or waiting for confirmation from Candlestick reversal patterns with price confirmation would be best.
Sell: 4777
SL: ???
Buy: 4300 (25%)
Buy: 4100 (25%)
Buy: 3850 (30%)
Take Profit: 4650
Load Ze Dump to $3.002.25 risk to reward
TD9 sell on 3 day chart. RSI resistance at 60. Trend shifting bearish
ETC/ETH The returning of a prodigal orphanHello everybody.
In this very moment price trying to close above the holidays highs. It looks like people start actually believe that it is time for a prodigal orphan to come back to the old habits with new achievements extracted from the lows of a human greed and fear.
I hear voices. They say September 12th is a very important date in this saga of etc. I don't know. Maybe. Anyway, we'll find out!
I want to see ETC/ETH closing above 0.0735 (Binance), but till then many waves will flow.
Will never ask for: follow, shares and likes. So if you feel like you want to thank me for that idea I had suddenly hit the LIKE button, SHARE and FOLLOW D
ETC: whale, is that you?Hello everybody!
I am a big believer in ETC. I supported the STACK EXCHANGE branch opening back in the days and you can see in my twitter that I was reposting the idea of adding ETC to Coinbase since february this year.
After Ethereum 1-st wallet launched a year almost passed and ETH become >$1000
Not so long ago we saw Emerald wallet.
So what do you think? Are we going to see ETC x100 next year? Leave your comments below.
Thank you and bye bye!
BTC/USD - somebody runs a missile at the launch site?Hello everybody!
This month red candle in the end decided to become green. Capitulation? Not today. So I am looking now for the price to close above green Trend Resistance. If it fail then we probably going to talk again about capitulation. For now NO TRADE ZONE.
Thank you very much.
Buy buy!
HOT/ETH: Who first: Cup & Handle or DeMark's 9?Hello everybody!
Thank you, my all new friends around the world, for your excitement about my work and support, it is really driving me up to new heights.
Today I have a new HOT .hitcoin for you to observe ))
This days we have a strong buy of Bitcoin Cash / HOT / etc.. versus ETH
I don't think we are talking about something serious in long term, but my indicator show me picture that I want to share with you.
Thanks a lot.
Take care!
HOT/ETH: Who first: Cup & Handle or DeMark's 9?Hello everybody!
Thank you, my all new friends around the world, for your excitement about my work and support, it is really driving me up to new heights.
Today I have a new HOT .hitcoin for you to observe ))
This days we have a strong buy of Bitcoin Cash 1.90% 1.91% / HOT / etc.. versus ETH
I don't think we are talking about something serious in long term, but my indicator show me picture that I want to share with you.
Thanks a lot.
Take care!