Following the previous idea on Decred , it has reached the upside target at $117 and as expected tripled in value. But now as the resistance is being rejected DCR/USD could start a consolidation period or even start a strong correction down. The $117 level should be watched closely, while it is being respected by the market, the downside pressure will remain...
About the coin: The team claim it as Autonomous Digital currency with An innovative hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system. A censorship-resistant blockchain-anchored public proposal platform. Smart contracts that work such as Lightning Network. Cross-chain atomic swaps between different digital currencies. Cross-platform wallets...
DCR is in an uptrend. BITTREX:DCRUSD Cryptocurrency is in an uptrend. Breakout is likely to the upside.
DCR has quietly Tagged along with bitcoins parabolic gains After a bullish consolidation period of higher highs and lower lows this bull run lays the path for a clear route upwards chasing up the market capitalization list in my personal opinion providing the following factors are met: The Pre sale of ASIC Mining rigs to pre order customers do not require a re...
My thesis on why DCR will hit $72 and is in an excellent spot to enter currently: -Trading at the bottom of the support of the wave 4 triangle -5 ABC patterns already completed (drawn on 15m candles) -Still well above the cloud on 2h and 1d timeframes, currently at near the bottom of the support of the cloud on 1h making it an excellent entry -Conversion-line...
I think Decred is inching closer towards breaking out of the symmetrical triangle pattern that it's in. My guess is we break out before the end of 2017 and begin a rally towards a much higher price base.
DECRED has ended it's long consolidation, flag pole target is looking for at least 70 USD MAs are flat Lightning network activates in 3 days! Should be getting payment integration too which will really make it blow up imo. I'm staking my long term stash of DCR (yes PoS PoW hybrid with governance) - do your research!
Positive news coming from Decred is moving it UP! The chart looks great-Kumo Breakout is happening