rjmacarthy
Long

DCR Long oppourtunity

POLONIEX:DCRBTC   Decred / Bitcoin
423 0 13
Good risk reward with all other alt coins pumping, DCRBTC             has been left behind.

I have drawn a bearish ABCD pattern, we are at C now, so expect this to rise from here.

Will go long with tight stop.
Trade active: Seems to be holding true to the chart slowly but surely.

Volume has been pickup up in last 24 hours, so volatility will also pickup naturally.

snapshot


RSI also a good indicator of where this is going as shown in the picture above.
Comment: Breakout confirmed, the only way is up.

TP 1 : 0.015
TP 2 : 0.0174
TP 3 : 0.022 - new ath
Comment: Possible fakeout, and reversal since BTC rally still holding onto long entry.

Bottom of decending triangle, possible good buy in here.

snapshot
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