Decred Inverse Head & Shoulder $DCR $BTCAfter breaking out of a long term downtrend (since launch) in late Jan 2017, we made a local high at 0.00339911 and been bleeding out since.
Inverse H&S forming here with the neckline resistance at 0.0021. Breaking above with good volume will confirm the reversal. If volume is significant, we can see this lead to a quick continuation of the bull trend with new highs, otherwise lead to further consolidation within structure before any major move.
Long if it breaks above iHS neckline.
Decred
decred leg upHi, i have not traded alot of alt-coins. But i got this idea because someone mentioned decred in chat so i decided to check it out. Perhaps Decred will take another leg up.
The DECRED - https://www.decred.org - POS?Anyone know about Decred?
Do we think Proof of Stake is better than Proof of Work ?
Decred the sleeper4H bbands tight, may see a move start soon. I'm leaning toward up, but still plenty of sell pressure at each move. RSI and vol increasing steadily.
Ive got a bag of these, only reason id sell is to get on faster moves that may come like maid/fct/etc, then go back to sideways/sleepers like dcr/doge/ppc (all of which remind me of coins like xmr about 2 months back). I'm generally an accumulator and then buy more on breakup, or sell on new lower breaks. Important to use stops, even on spot trades, I only trade spot, either in alts or btcusd.
Decred has been lonelyHasnt moved much after being placed on polo. The valuation given was around 0.49 USD per DCR around when BTC was 450 or so.
Now its about 1.66 USD (0.0026*640USD).
0.0069 was the top on trex,
