I love this project and hold as a hedge to Bitcoin but can't help but feel that we're going to break down versus Bitcoin soon. Descending wedge type pattern playing out. Let's see. Let me know what you think.
$DCR Broke above ~2250 sats level with increasing volume and now its retesting it for a potential R/S Flip UCTS Buy signal on the 1D & lower TFs OBV bullish divergence // Trying to cross ICHI if bounce happens, then a new leg up w/ target at ~2500/2900 sats may follow.. #DCR
The repression of DCR's break out will soon subside. - We note two large daily wicks towards ~23.875 - Liquidity on the books will soon be unable to hold. As a result we begin to see large daily wicks as the sell side is lifted without liquidity to back the price stall. - With over 50% of the circulation locked up in staking, the upside pressure will soon take...
Decred; i think bullish trend is soon.. break a leg&good luck!
Decred (DCR) Overview Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms. Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated...
If the crypto market was an Avenger's moving, $BCH might be Thanos. Meaning, $BCH might have the power to blow up the crypto planet. There is one smart person in particular that we talk to who thinks an implosion in Bitcoin Cash (BCH) could dramatically hurt the whole crypto market. We had not paid much attention to that until now. Reason: There is a head and...
Technical analysis: . DECRED/USDollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. .The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
Technical analysis: . DECRED/USDollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. .The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...
Looking at Decred (DCR), we have another fascinating chart in the alt space. DCRBTC could be in the early stages of a much more significant up move. We saw a presentation on Decred at the Austin Bitcoin conference. Decred has specific properties on its blockchain that make it appealing as a cryptocurrency. Decred is also a favorite of major hedge fund, Delphi...
$DCR Crossed & flipped ~204k sats into support on the way up of this new bullish trend UCTS Buy signals across 1D & lower TFs (trendfinder all green) Volume rising as it crossed EMA50 on 1D Chart MACD bullish divergence From here aiming for ~231k sats as 1st target (~15%) #DCR Managing my stop losses, take profits and trades over 3commas platform for Binance...
Decred (DCR) Overview Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms. Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated...
If DCR bottomed out at 0.0015, and breaks out of the falling wedge as it approaches ~0.00175, then it's a great buying opportunity either for a long term position up to ~0.004 or a short term take profit at ~0.002 Moreover, with Decred's privacy features, Politeia GUI update, and potential Coinbase listing soon, this coin is primed for major reversal based on...
DCRUSDT has had a significant bullish change in character whereby demand was found in Hammer and Piercing Pattern formations on 31D and 1M charts, respectively. Price has expectedly met with supply at Phi EMA 144 and a pullback will ensue. Ideal re-entry will be between SMMA 6 & EMA 30 ($15.50-$16.50). Buy only on bullish candlestick reversal signals with volume...
Decred seems to do rising wedge and periodic wave in wedge, movement can complement itself to the cup.. rising symmetrical triangle inside the cup. Break a leg&good luck!
As we can see here there isn't more space for DCR. I think the price will continue move downwards to around 1700 sats. and after that move there is nice opportunity. Stop level is under the yellow curve. Profit opportunity is about %20