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TheRealSoothaa
Sep 26, 2017 12:37 PM

Decred Uptrend Short

Decred / BitcoinBittrex

Description

Looks like Decred is really liking this ascending triangle it has forming. The daily RSRI is overbought and will probably fall to the green target box.

Comment

We're approaching the target, but everything other than the daily SRSI is exhausted.. might not get as low as I thought!

However it looks like it is time for BTC to retrace so that might help bring us down a little more.

Comment

Target area reached. Market is heavily oversold, I'd expect to see a decent candle soon.
Comments
cardan6006
great.thanks.Is it a good time to buy now? maybe it will be even lower?
TheRealSoothaa
@cardan6006, Indicators are heavily oversold. This area would be a good area to buy. You can always split your orders into two different price points.
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