[DMTBTC](807%) DMarket PREMIUM Trade

17 dic 2019

DMarket (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.