A quick one here... Decred's daily chart looks to be in great position for a bullish run:
1) Nearly completed falling wedge
2) Hitting strong support
3) Bullish crossover and bullish divergence on the MACD
Looking at the long term log chart for Decred/BTC, what do we see?
We see that we're now touching a line that has been touched 4 times now, so it has a strong "magnetic pull" both + and -, we're bouncing off of that line now
We see that if now is the time of reversal, a possible target before retracement is the previous ~0.018 BTC ATH
DCRBTC, Very good signals. The Way for the profit is ready_
BOLLINGER BAND_ Ok.
STOCHASTIC RSI_ Ok.
Test of the support_Ok
The test of the support is confirmed.
Now we can wait a good time for the next bullish
$DCR Trying to flip (R/S) on the USDT at around 27$...
UCTS printed a buy signal on the 1D..
RSI got rejected at overbought levels but for now is holding above support
Volume increased over the last 2 days
Crossing above 29,74$ (fib level) can act as confirmation
BINANCE:DCRBTC Is showing strong momentum and Increased
DCR is ready to breakout with 50% Profit Potential from Now the green candle pattern has already formed and we already have broken April's low now its time to watch the show for Bull run.
About the Chart
I have highlighted 3 Targets using 3 different color of lines and giving 2 of them...
This setup is entirely similar to STORM and both got bought up during the Bitcoin move to $5k.
I already have a position but i'm adding more if we get even half way to that box again.
Once again, This pick combines FA and TA.
Cryptos have given life's losers a chance. I'm a testament. Get focused, put in honest work and don't ever give up. The greatest lessons...
$DCR Potential Ascending Triangle in formation...
UCTS Buy signal active
Volume slowly rising
Sitting over EMA50/100, breaking above ~4919 w volume is key
RSI rising, MACD flat
Bullish Wolfe wave on the 12h
Target on the chart... Falling below ascending trendline cancels it.
not so much of a shitcoin amongst so many others
this shit is actually showing super solid volume even in bittrex where noone trades. like you can even compare this to 2017 volume levels and bittrex is dead now when it used to be as hot as binance
btc wise also pretty much at historical equilibrium if that means anything
this chart lookslike one of those that...