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CryptoEngineering
Oct 25, 2018 5:18 AM

BTC-DCR Decred- Alt Coin Analysis - Point System 

Decred / BitcoinBittrex

Description

Alt Coin Analysis - Points out of 10

Date : Since 2018 ( 1 / 10 )
Volume 24 H : 1500 BTC ( 5 / 10 )
Available Markets* ( 7 / 10 )
Social Media Rate ( 6 / 10 )
Ranks ** - 26 ( 8 / 10 )
Website ( 5 / 10 )
Type Enabling users to issue tokens on a secure and decentralized blockchain.


Overall ( 6 /10 )
The volume is not bad.
As long as Decred is above the trendline , you are safe .
The best place to buy at the trendline or around 0.0062.
If the Yellow line ( MA 50 ) above Blue line ( MA 100 ) , We confirm the bullish trend.

* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points

Trade active

Since it broke the bullish trendline on Nov 14, 2019 - It is dying everyday

Comment

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Got my first bitcoin in Oct 2013.
Became a full time day trader in Nov 2016.
Got the ALGO trading idea in May 2019
Started to search about it in June 2019
Backtesting since Sep 2019
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Comments
Skanda
How bad is this break through that support trendline?
CryptoEngineering
@Skanda, I dont enter this trade until 1d candle open close above 0.0051 BTC
mynameisragnar
- Date since 2018? Decred is a blockchain with its first block in February 2016. It's more than 2,5 years old.
- "Type Enabling users to issue tokens on a secure and decentralized blockchain." ---- Is this your attempt at explaining Decred? This is wrong. You cannot issue tokens with Decred. Decred is a coin with governance voting integrated in the blockchain, letting stakeholders stake their coins to vote for issues and also receive DCR-rewards.
CryptoEngineering
@mynameistor, Enabling users to issue tokens on a secure and decentralized blockchain, it is a raven coin.
Decred is a blockchain with its first block in February 2016. My fault, sorry!
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