With several exciting updates already lately from Decred such as atomic swaps, new exchange listings and upcoming ASIC support there seems to be an interesting future ahead for Decred. Especially considering Lightning Network support is on track will be released 'very soon' (Q4 2017 according to their roadmap). Ontop of all this the circulating supply of Decred...
Decred is getting a ASIC developed for it meaning when people start mining with ASIC on decred the difficulty will go up and it will be overall harder to mine Decred.
Lighting network releasing sometimes next week.
Decred swings within a wide lateral channel (USDT $ 20.00 to USDT $ 40.00). I do not see anything to do at this point. It is best to wait a drawback up to USDT $ 20.00, where it is possible to enter buying with short stoploss.
Bitcoins rally pushed DCR further down below its original support, this is a great buy in as RSI is oversold and a bullish gartley has formed.
Place adequate stop loss as indicated, and take profit at top of previous resistance.
According to the news fund, this asset has the potential to continue to grow, but the market suffers a large correction, from which this line forms a resistance line. There are all chances to break this line, and continue the growth to the levels indicated on the chart
DCR loves cup and handle pattern.
Watch this closely, next target 0.0125.
On non technical note - check roadmap and latest blog posts. DCR is ahead of the curve in many ways. A long hold through Q4 2017 will show great returns on this coin.
blog.decred.org
