Description
⋅ 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.
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.