DMT
Forget the last one, this is the Breakthrough Dose.Ignore last post pls, didn't happen, fixed here - not writing a diff explanation cause lazy:
Clearly we have already broken through the downward wedge that was tightening us down into a corner, as if it were bring driven by tiny little mad, mad machine elves. Unfortunately we still have to get past the ancient resistance of $105, as well as close the weekly candle above (no easy feat! But bold that hit in! You can do it!) to prove to ourselves that we can shed our ego on the rise to enlightenment, and past the .618 of the Fibonacci retracement, where only then will we realize our search for god was was in vain, for we had already become her, on the day we were borthed.
Breakthrough DoseClearly we have already broken through the downward wedge that was tightening us down into a corner, as if it were bring driven by tiny little mad, mad machine elves. Unfortunately we still have to get past the ancient resistance of $105, as well as close the weekly candle above (no easy feat! But bold that hit in! You can do it!) to prove to ourselves that we can shed our ego on the rise to enlightenment, and past the .618 of the Fibonacci retracement, where only then will we realize our search for god was was in vain, for we had already become her, on the day we were borthed.
S&P500 - About time for a proper retracement??Am just looking at my panel of leading indicators, and besides the S&P500 ES1! daily chart looking a bit stalled with MACD turning down, the Russell2000, DJ Transports and Value Geometric Index are already leading down. Key levels to breakdown are in red circles.
Some others like the High Yield Bonds and TIPS are still holding; while the Treasury Bonds are being snapped up (Risk Off mode)
Volatility is low, waiting for a breakout.
Looks like a storm is brewing...
DMTBTC BROKE OUT OF DOWNTREND LINE!After a long time of accumulation and SFP of the lows DMT made the move and broke the trendline and backtested. To make a global bullish market structure Hitting and close above Monthly level would start a massive rally. The local MS is bullish. All need a bit of Volume.
Leads telling that equity markets (S&P500) are in trouble!A scan of my leading indicators show that 4 out of 4 have topped out and are in clear reversal/retracement mode. Candlestick patterns and technical indicators suggest so.
While this is happening, we see more all time highs being clocked on seasonally low volumes.
Clearly something is amiss and divergence is about to converge...
CAVEAT EMPTOR!
FLASHING RED!! BRACE! 🚑😲This is serious picture emerging right now. Have a look. I'm watching what's happening with Gold in relation to the Down Jones Transportation Index, and Bitcoin. This is all coronavirus related.
In tight summary, the smart money is moving into things that store real value - the kind that's unlikely to be affected by central banks.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
[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.
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.
DMTBTC our favorite coin, ready for another rally - 50% easy Hello Friends,
You all know, we hit 400%-500% last time on DMT.
Now, it is on Triangle and squeezed well for bounce.
I would take a risk now with 10% as SL, Target : 10000-11000 SATs
Entry : 6000, SL - 5000 Target : 10000-11000 SATs.
#DMTBTC #DMT #BTC #Bitcoin
A symmetrical triangle on DMT/BTC chart.Well, what we can see here is a symmetrical triangle. The volume is falling just like it should be before a breakout. It possibly could give us a good point to get in.
So if the price breaks the resistance line and even the 1h candle closes at above 0.00006500 BTC we may buy and wait.
The first take profit I see as 0.00008000 BTC. And the second one could be at about 0.00010000 BTC - too good to be true but who knows.
Stop loss is 0.00006000 BTC. And don't forget about false breakout possibilities!
DMT in line next. 500% possibleHello Everyone,
I strongly bet on DMTBTC for 500 % to 5000%. why?
The coin listed in BTC at 2 BTC = 1 DMT price (ie., 15000$ = 1 DMT) and it went to the lower stage that 1 DMT =$0.80. Yes, it can happen in crypto as you know.
Now, there are signs that selling is over and the buyer is holding the price at 2500 SATs. Recently we had seen a pump of 500% in this coin. Well, give a try of 1000 coins that is like 0.025 BTC and exit on 0.1 BTC. This is like a Jackpot trade.
Entry : 2550 SATs
No SL
Target : 500% to 5000% (Low volume coin, 100 BTC volume can take the price to 1000% in a day, so be very careful on this trade.)
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It is purely my trade, a continuous follow up is required for any trade. Kindly check your trades often and review it.
Post your questions/ review.
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#DMT #dmt #DMTBTC #dmtbtc #Bitcoin #btc
DMT is preparing for a breakoutDMT for 10 days is in the range of 0.000024 - 0.000027, expect a breakout
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