DMG_Intelligence

DMG_Intelligence

Hey guys, Bitcoin price action is still bullish and I am sharing with you a powerful technique to spot the next resistance area. The key is to know where your levels are and how to draw them. Take a look how bitcoin price reacted when it touched the first weekly level for the first time. We had a very strong rejection because of the confluence we had with the...

DMG_Intelligence

Bitcoin formed this nice bearish cypher pattern! We can also see that in the impulse move we had shorts stopped out and bulls taking profit which is a sign a bearish reversal. Give it a like if you want more update ... Happy trading ;)

DMG_Intelligence Updated 

Please show me some love for this chart by liking. It's free and easy so why not? BTCUSD is a short now with very nice risk reward. - Entry now with a SL above previous wick - Target: the other weekly level ($7629) where I would be closing this short and entering long If you love my simple way of trading, please comment "I agree". Thank you and have a...

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Please support this idea with a like, it's easy and FREE so why not? BTCUSD is at a very big resistance area but there is something interesting that we must pay attention to. Look what RSI (Daily) did before every big upward movement. We formed a Hidden Bullish Divergence. Higher lows on price and lower lows for RSI. This is something that we don't see very...

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BTC/USD is looking nice, we should all be looking for longs now with very nice risk reward. I found 2 beautiful ways of trading it with the highest probability of success. Simple trading always! Why I am looking for longs now? -Bullish divergence in the 1H - 4H -Hidden bullish on the Daily -Previous daily resistance trendline was broken Look at the chart for...

DMG_Intelligence

ADABTC is looking good and it wants to get through that strong weekly level. As you can see price tested that red line too many times for the past 4 months. Simple rule: the more we test it, the weaker it become. So now that we have a nice green candle, we want price to close above the weekly and we will simply wait for the price to retrace and take a long at...

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Bitcoin gave us today a perfect example why the concept of support and resistance is working very well in all timeframes. Reason for shorting BTCUSD: We had a trendline which was acting as support and we broke it with a big red candle. We wait for the price to comeback and touch the trendline (kiss and go) and we take our short at the close of that candle....

DMG_Intelligence

Before reading, please show me some love by liking and commenting! It's free, so why not? No need to complicate things for Bitcoin. Just look at the big picture and you will understand how to avoid the noise and trade it in a simple way. The chart is speaking to us and we just need to see the right things. The most important level that we must focus on is the...

DMG_Intelligence Updated 

Price broke strong resistance, and there is a high probability that previous resistance will become our next support before going up. Also see how the trend is changing to bullish, price is making higher highs and higher lows. The best entry is to wait for price to come back to 0.0003993 and long from there. Remember : When resistance is broken, very often it...

DMG_Intelligence

Before reading, please show me some love by liking and commenting! It's free, so why not? GOLD is a short for me, here is why! As you can see in the chart, we have been in a downtrend from 2011 to the end of 2015, then the price started to rise slowly and ranging from 2016 to May 2019. Then we had a quick upward spike in price from May 2019 due to the...

DMG_Intelligence

Before reading, please show me some love by liking and commenting! It's free, so why not? In this post I want to show you the power of the Golden Pocket (0.618 -0.65 Fibonacci retracement). After one year in a downtrend, we finally saw that price increased and reached a high of $13920 on Bitmex. But why did the price stop exactly at this level? For those who...

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Before reading please show me some love by liking my post and following me - it's FREE and easy, so why not :) Bitcoin is showing some interesting things. Each time we had a impulsive move upward, take a look at where price stopped (before continuation down). Yes exactly at the Golden Pocket (between the 0.618 and 0.65) Fibonacci. Is that a coincidence? I don't...