Decred has been ripped back and forth for the past year. If we zoom out we can see evidence of a macro inverse H&S forming on the daily though. The shoulder line looks clean and the volume is trending steadily downward after the head has formed. With all of the bullish news right around the corner (Decentralized treasury, atomic swap DEX, DCR Lightning Network, privacy built straight into Decrediton) this would be a perfect setup to complete right right shoulder and signal a macro reversal.
Comment:
Setup is primed and ready to go
