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Decred

Decred Is Trying To RecoverDecred (DCRBTC) hit a low on the 13-Dec. Ever since, it has been fighting to go up, trying to recover. When we compare the low set on 13-Dec. 2021 to November/October 2020, we have a strong and clear higher low. We've seen some rejections as prices try to move up, right below the gray EMA200 line. But, currently, prices are trading above EMA50 and the pressure is upward. As long as prices remain above the 13-Dec. low, we are bullish and following the small green arrow. If this support is broken we will need additional correction, plus consolidation before the next bullish move can take place. We are already seeing some Altcoins moving. We have a recent higher low (10Jan. vs 13Dec.) We also have bullish indicators. The potential is there for a change of trend. If you decide to trade, remember to plan ahead and use a stop-loss. Namaste.
DLong
by MasterAnanda
1
DCRUSDT Technical Analysis⏳ Spot 💎 DCRUSDT has formed a flag pattern. The price must go up to the upper band of the flag the after the breakout I expect the Bullish move. After the breakout we might see a Pullback. 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 113.0 - 100.0 ☕️ TP1 120.0 🍺 TP2 135.0 🍻 TP3 145.0 🍾 TP4 🍷 TP5 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL at your own risk Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
Decred compressing more and more. Ready for release!DCRUSDT looking very strong and forming a little flag here. Very nice and steady uptrend, while DCRBTC also has a very special and clean chart. Also forming a bigger flag, pennant, triangle or whatever you want to call it. Decred has pretty good fundamentals although not that many people have been caring about it recently. It's been under quite development and has more and more things coming on it, which might also include some big listings in the future. First target is near the ATH and next target could actually be much higher and as high as 100-200% from here over the next 4-8 weeks.
Long
by BitcoinMacro
My Dark Horse Decred Decred looks interesting here after an 18.9% pullback from the all-time high set on 17 April last (Coingecko). We went long on 12 November last and are currently +1201%. This crypto has performed very impressively for the past 6 months and pullbacks generally find support at the 50 SMA. This is where we find ourselves today. If you are looking to redistribute some gains from other projects, DCR/USD looks promising. If you want to learn more about Decred, I would suggest looking here for a good overview of the project: www.coinbureau.com Happy trading! "Money can't buy you happiness but it does bring you a more pleasant form of misery." - Spike Milligan.
DLong
by rzinho