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rzinho
Jan 10, 2021 8:06 PM

DECRED: A 3 MONTH RALLY Long

Decred / US DollarBinance

Description

We went long Decred on 12 November and are currently +256% on the trade. Decred is trading at $55 just above its 8 day EMA ($54) and well above its 50 day SMA ($33).

We remain long Decred for the long-term but would take some profits off the table if support at $50 is breached.
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