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DMTBTC

[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%. -- THIS IS NOT FINANCIAL ADVICE. -- HOW TO WIN A FIGHT Detach from the outcome. Enjoy the ride. Namaste.
by AlanSantana
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.
Long
by AlanSantana
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!
by Tishin