[DMTBTC](807%) DMarket PREMIUM TradeDMarket (DMT) Overview
DMarket is a decentralized game asset marketplace. The marketplace covers a wide variety of games and turns virtual items into real commodities that can be traded on the blockchain.
DMarket (DMTBTC) Chart Signals & Analysis
DMarket is already moving and looking good... We are going to take a look at the daily and weekly charts and then proceed with the numbers.
Daily chart:
In this chart, we can clearly see DMTBTC trading above EMA100 (blue line). EMA10 and EMA50 also have been conquered.
Today we are seeing a higher high compared to previous peaks since the 25-Sept. low was hit.
The RSI is really strong and the MACD on the bullish side.
This setup can easily lead to additional growth short-term. After EMA200 is hit (orange line), there will be a retrace followed by additional growth.
Let's take a look at the long-term chart now, let's go weekly (W):
We can see a broken downtrend and a new uptrend taking form.
Volume is going fully towards the bulls in the past four weeks and it is also high/above-average.
The MACD is trending up and there is room for more growth.
The RSI is starting to gain momentum to the upside, looking good as well.
Trading above EMA10... All of the classic signals are in, DMTBTC can easily move higher.
Let's continue with the trade details.
DMarket (DMTBTC) PREMIUM Trade
Buy-in: 0.00001050 - 0.00001350
Next support: 0.00000750 - 0.00000950
Targets:
1) 0.00001600 |Hit 22-Nov. (+23%)
2) 0.00002200 |Hit 27-Nov. (+69%)
3) 0.00002600
4) 0.00003200
5) 0.00003800
6) 0.00004200
7) 0.00004800
8) 0.00005850
9) 0.00006550
10) 0.00007500
11) 0.00010150
12) 0.00011800
Profits potential: 807%
(0.00001300)
Stop-loss: Close weekly below 0.00000555.
Capital allocation: <5%.
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THIS IS NOT FINANCIAL ADVICE.
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HOW TO WIN A FIGHT
Detach from the outcome.
Enjoy the ride.
Namaste.
