DCR formed a bottom and is now bouncing up. We see that correction 2021-2024 has similar structure as correction 2018-2020 which resulted in new ATH. On larger timeframe we can see potential megaphoone pattern forming where I expect wick to new ATH and maybe overshoot to fibb 1.272 or diagonal resistance line. Main signal for top will be when RSI reaches extreme value (red line) and forms there a bearish divergence!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.