Decred, long-term higher highs and higher lows (PP: 1,533%)

This is the one with higher highs and higher lows long-term. Notice how the other altcoins were very early when it comes to their uptrend. Actually, no uptrend at all, I showed mostly a lack of a downtrend and a clear bottom formation and transition period. This all leads to bullish action.

Here, DCRUSDT, the higher high is a long-term event. First comes December 2024 followed by November 2025. Almost an entire year to produce a higher high.

The usual, classic, signals are also present here. To gauge the strength of a bullish move, we need to consider the trading volume.

Is Decred's most recent higher high a true, real and valuable event when it comes to technical analysis and market signals? Yes. Why? Because the session that produced this signal came together with really high volume, the highest ever.

I know this might sound/read/feel kind of repetitive but please, bear with me, it should only last a few more days.

The long-term higher high leads to a retrace and this retrace ends as a higher low. Now the market is green again. When I say "market" within a certain chart, it means the pair in question and not the whole market.

This 'market' is bullish as it is growing after the classic retrace and higher low. And this is how we easily predict, based on market data—the information on the chart, that DCRUSDT (Decred) will continue to grow.

Since the market produced a double-bottom as part of the all-time low, we can expect not only a bullish wave but a complete, full-blown, bullish cycle. And this opens up huge potential for growth.

While an all-time high is not mandatory, this is what we are aiming for.

More details can be found on the chart.

Thank you for reading.

Namaste.