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In this 30min chart, you can see that we have already broke the decending triangle formation. It also seems as if this is a cup-handle formation as well. However, if it breaks the support line of .006650, then it is a clear sell. This is not financial advise. DYOR ;)
DCR just broke it's very short lived downtrend after being listed on Binance.
Stochastics, clouds, MTF RSI, and the Mode of God are all giving the same signals and signs that this will keep grinding higher. DCR is not just any old project. It holds its weight through bearish times, and now hey, its coming to light during a bullish time! YAY. I expect an edge to edge KUMO grabbing 12% for this first impulsive move off the found support....
Quick trade 7% up during the first half of the day. The first retracement is now complete. Can it make it one more time?
Decred (DCRBTC) will be listed on Binance. This will happen tomorrow. "Binance will open trading for DCR/BNB and DCR/BTC trading pairs at 2018/10/24 04:00 AM (UTC). Users can now start depositing DCR in preparation for trading." Source: support.binance.com On the chart: - We already have a huge green candle. - The RSI is super bullish. Everything will turn...
Entry 1: 0.00791279 Entry 2: 0.00739420 Targets: Fib 618's Target 1: 0.01086712 Target 2: 0.01282414 Stop: 0.00733263
Lets look at weekly chart. Perfect. Just perfect combination of everything. This chart is just crying out for a new wave up. No one can predict how far it will get but I draw some targets. Each of resistance line will act as support once broken. Each can be a start of a new profit trade. Four-hour chart just doesn't show the whole picture but it shows the....
0.00747799 0.00718412
Technical analysis: . DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
Technical analysis: . DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of...
#DCR / BTC ( Poloniex, Bittrex ) Buy Range : 0.0064 Stop Loss : below 0.0053 Target 1 : 0.00998 Target 2 : 0.01206 Target 3 : 0.01456 Decred seems on a very good zone to buy, price is trying to reverse like December or April. After massive bloodbath, altcoins are trying to rise against bitcoin. This is the fourth week on streak on green and some indicators...
and very nice risk/reward ratios, depending on your preferred level of risk. Have a long bias based on the fundamentals of the project, so positive technicals like this is just a bonus and opportunity to trade a portion on the move higher. Notice bullish RSI divergence and curvature of the price action so far; only waiting for high volume interest to break higher.
Indicators on the daily: TTM_squeeze strict dots Price making lower highs - RSI making higher lows (Don't know if that's good or bad halp) Indicators on the weekly: TTM_squeeze momentum slowing down and crossing up in the Maxx Momentum indicator God Mode 5 normal dots (Take profit on short / long) Fundamentals: Politea initial release Course of...
Weekly Looking at our trend timeframe we see price has found support at 550000, stochastic rsi showing momentum in favor of bears. Will watch smaller timeframe for entry. Daily Shifting over to our pattern timeframe we see price looking bearish, as well as momentum. A daily close above 576000 activates our trade, however if we see a daily close below 556000...