DeMarker Bitcoin Trading Analysis and DeMarker Bitcoin Trading Signals

Developed by Tom Demark.

This btcusd indicator is designed to overcome the general shortcomings of traditional overbought and oversold technical indicators.

The DeMarker is used by Bitcoin traders to predict potential market bottoms and tops by utilizing btcusd price data comparisons from one bar to the next.

Bitcoin Trading Analysis and Generating Bitcoin Trading Signals

This btcusd indicator is interpreted in the same way as other overbought / oversold indicators. The overbought level is marked at 70 while oversold is marked at 30.

Bullish Reversal Bitcoin Trading Signal - When the DeMarker falls below 30, the bullish btcusd price reversal should be expected.

Bearish Reversal Bitcoin Trading Signal - When the DeMarker rises above 70, the bearish btcusd price reversal should be expected.

Technical Analysis

If you use longer time frames to draw the Demarker, you will get to catch the long term market trends. If you use the short time frame based on shorter periods you can enter the btcusd trading market at the point where the risk is minimum and you can plan the time of transaction so that it is within the major Bitcoin trend.