DMarket is a decentralized game asset marketplace. The marketplace covers a wide variety of games and turns virtual items into real 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.
- 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 is really strong and the on the 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.
- is going fully towards the bulls in the past four weeks and it is also high/above-average.
- The is trending up and there is room for more growth.
- The 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.
DMarket ( DMTBTC ) PREMIUM Trade
Buy-in: 0.00001050 - 0.00001350
Next support: 0.00000750 - 0.00000950
1) 0.00001600 |Hit 22-Nov. (+23%)
2) 0.00002200 |Hit 27-Nov. (+69%)
Profits potential: 807%
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.