1. No DeMark 9, Bullish Engulfing Pattern 2. DeMark 9, Bullish Engulfing Pattern 3. DeMark 9, Doji, DeMark 1, Morning Star
Hi Folks, BTC has now reached the upper line of the bear Channel . On the Daily chart the outlook is still bullish : - Sequential countdown is on candle 7/13 - Price is now above TDST Resistance On the 4H chart the outlook is now bearish with some warning signals: - Exhaustion point A13 and S13 - Rising Wedge Pattern The 4H Sell Setup is only on bar 5/9 so we...
Hi Folks, It seems BTC is reintegrating the previous support line If we are able to close above USD 10.500 today, it could be a good sign for the continuation of the bullish move. We are now in a very tight range with 2 strong resistances ahead: - TDST Resistance Line - The upper line of the bear channel If the reintegrated support line really holds, we could...
Hi Folks, Yesterday's call following the 4H S13 exhaustion point proved to be relevant. The sequential countdown is now on bar 4/13 and suggest a continuation of the bullish move. However, we are now at the confluence of 2 strong resistances: 1. Back-testing the old support line which is just being rejected. 2. Nearing TDST Resistance Line @10.700 USD If we are...
31D: Candlestick analysis suggests that the bull market is over if this candle closes <= 1/2 way into the previous large white real body. There is significant demand between 8450-7450. Panic selling will likely drag price into this range, providing the ideal buying opportunity. Assuming a bullish candlestick reversal pattern in this range seems warranted. If...
Hi Folks, BTC is still evolving in a bear channel. On last analysis, we were starting a new bullish trend (Countdown 1/13). This bullish countdown has not yet been invalidated (2/13), however we are now in a more bearish posture: On August 28th, we triggered a sell signal with a red 2 closing below red 1 low. BTC is now sitting on 2 supports: - TDST Support...
HOLY SHIT i JUST DISCOVERED SOMETHING ON 12H. - This demand wave is the test of the shoulder line of a 12H H&S. - We surpased a longer downtrend line and we're above the neckline. - Phi 305, 144, 17 have been strong 12H support. - We have support from all of these ^ in the strongest order. - This shoulder and trend line test is off of a bounce from Phi EMA...
Hi Folks, I truly believe this consolidation will end as a bull flag and not a bear channel! Today's candle is very bullish and we have 3 major signals: - Green 2 closing above green 1 high (yesterday's high) - TDST Resistance is already being pierced we are only on bar 2/9 of the setup - Birth of a new daily uptrend with a new sequential countdown 1/13 At least...
#Gold is showing bullishness on multiple timeframes. - The monthly chart is forming a 9 setup with a Recycle Flag which indicates the momentum is very strong and the underlying bull trend will intensify. - The Weekly chart is confirming the nascent bullish trend: A bullish Sequential Sell countdown has started and currently on a bar 2/13. - The daily chart is...
Hey Folks, It is quite strange to find that my indicator becomes more accurate by changing the price flip parameter recently. Demark states that the Price Flip is calculated from the corresponding close four bars earlier. However, I observe better results by modifying this parameter to take into account the corresponding close 5 bars earlier. Here are displayed...
BTCUSDT - 31D, 1W, 1D 31D: - TD D-Wave sell signal - net volume falling - potential target: $8,000 (SMMA 6) 1W: - TD D-Wave sell signal - ADX TURNING BEARISH - net volume falling - Fisher histogram negative - potential target: $9,200 (1W Bullish Engulfing Pattern & EMA 17 Phi) 1D: - weak bounce from uptrend failed to draw candlestick support - TD Sequential 6/9...
Hi there, My apologies for Wednesday analysis: It was published with a test version of my Sequential indicator and the countdown was wrong. The correct version of the indicator is still on a bar 11 of the bullish trend so I might have turned bearish quite prematurely. However, we have price flipped on this week and a sell signal is still possible on next week...
Weekly $BTC has reached the Sequential 13 (S13) countdown after finding a TOP on a Combo 13 (C13). A TD Setup bar 1 (red 1/9) is also in progress and next week will be decisive to confirm a Sell Signal (Red 2 below Red 1 low). Previous resistance was around 8900 USD so we might find some support at this level before a continuation of a new downtrend. If the...
8H Line Break - TD Sequential 9 - TD D-Wave sell - Fisher sell @ 0.0 - RSI sell - Stoch RSI dead cross
Dear friends! I continue describing the collection of Thomas DeMark’s forex indicators. In my previous articles, I have already explained such tools as Today, I going to deal with one of the most commonly used indicators in the trading world. This is the moving average MA, but it is not just a usual MA, it is Thomas DeMark Moving Average (TD Moving Average)....
BTCUSDT - SHORT OPPORTUNITY Rebuy PB&J: $11,500-$11,100
BTC BULLISH OUTLOOK: If we can break out of 31D TDST we can catch a 9 on the Daily on 08 August. By this point Weekly Fisher will either continue its bounce from or break down 0.0.