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ssari
Jan 26, 2021 10:50 AM

DCR.USDT (Y21.P1.E1).Bullish trend \ structure Long

Decred / TetherUSBinance

Description

Hi All,

Another bullish formation, a uptrend, a pause for a consolidation and as we see, a bull flag of some nature, here I have a triangle of some sort with the ABCD and Point E looking completed.

Yes, it would have been better to get it prior the breakout at $57 or even lower, but its still gives you plenty for the next few stages.



PS. I like using the 13/50 ema x-over on the 1 hr chart as a positive indicator along with other elements.

All the best,

S.SAri

PS. Today, I'm feeling a bit better, more coughing but no more fever.





Trade closed: stop reached

stopped out

Comment

This wick got me out however I'm now looking for the breakout.
Really depends how BTC does as well.

Comment

I should have mentioned that I went back in at the retest however I did not put much in because of the low volume\liquidity on binance
Comments
susta
best momentum bounce in this dip, Good call
TheSignalyst
fantastic chart Sari!
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