DCRBTC | Gained momentum for upward movement

DCRBTC looks good at 2H timeframe chart. We can see a strong price action regularity. It formed a precise downward channel.

At the chart you can see the price continuously touches upper and lower edges. Afterwards DCRBTC has a subsequent movement. Currently the price is located at the bottom of it and according to technical indicators is ready for an upward movement after a small corrective retracement

Signal is already shared in the premium channel and automatically applied through Binance API

Trade closed: target reached:

The first target was reached today. Currently the price consolidates for further growth. Be ready to re-enter position according to update in Premium channel

Profit: 6.7%
Duration: 23 Hours

Comment:

The price action has successfully reached our target at 0.002019 level. The upper edge of the channel represents very strong resistance which was again tested price retraced with Fibonacci levels back to the lower support trend line. Currently price action holds at Fib 1 level where also double bottom pattern was formed. It indicates increasing buying power thus support will hold and we will receive a bounce here

Targets are shared in the premium channel in smart trade signal settings