$DCR - Decred Daily Analysis - Bittrex

BITTREX:DCRBTC   Decred / Bitcoin
We are finding ourselves in another support zone for Decred here. The issue i see as we have touched this zone a few times this week alone but the 10 day moving average has been a heavy line of resistance for Decred but as it slowly moves down into the support zone , this may act like a squeeze and either we will find support here and get a breakout above the 10 day or we will break through support and continue the trend. If support breaks, the next purple zone is the weekly support below. I am waiting to see if current support holds and we break above the 10 day before looking to make a purchase.


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