cbassthefish

BTC USD Demark indicator Bitfinex 1 hour chart

BITFINEX:BTCUSD   Bitcoin / Dollar
BTC             USD Demark indicator Bitfinex 1 hour chart. Now that was quite a down trend we just saw the last few hours. Demark indicator suggests an up trend now this hour. The purpose of the Demark indicator is to achieve a 9 candle on an up trend or down trend. I will not go into the details as to how this occurs, but this is the aim. Currently we quite clearly see that we have achieved a 9 candle on the down trend. These down trend candles are the ones with red numbers below. We actually pumped on the 8 candle before we got to the 9 candle. This is because people know this is a highly used indicator and so the market will sometimes try to get in or out early before a 9 candle is achieved. Normally on the 8. 9 candles, if achieved and follow the Demark pattern, will be a reversal candle in the current up or down trend.
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden