There is unusual price action on DCR. Sometimes people know about news before they came out. Lets try to join them. That triangle broke down right to the resistance. Lets buy it with a tight stop right under that resistance – on 0.00845
I will sell 25% of bought DCR between 0.0097 – 0.00985, then 50% in the 2nd sell zone between 0.0106 – 0.0107. The rest 25% I will leave for a long run if there will be any
Please remember: my trading style is agressive and percentage of buys is high. You should always ask yourself if you are capable of losing amount of money that you put into after stop-loss is triggered
Smash that like button if you enjoyed this find
Trade closed: target reached
⋅
Winner winner chicken dinner! It took longer than I expected but this trade was succesful. All 3 targets (0.0098, 0.0106, 0.0120 – my long run bag was sold here) reached. Total profit: 23,5%. And this second candle of unusual activity confirms that someone is preparing bags for a space mission. I will post updated analysys soon.
It would be great if you supported this idea pressing like button
due to the fact that 50% of the total supply is locked by users (staking = ticketing), there is extremely low liquidity on exchanges. Thats why such a huge candle can be made... DCR is fundamentally one of the best coins
MikhailC
⋅
@harry_crypto, I agree that Decred's fundametals are great but it seems like this coin never got deserved attention. Team has been tweeting a lot recently, those 2 huge candles, price has a pretty good support. Something is coming. It is a good time to accumulate.