Spitballing on the macro pitchfork I've been watching. 50% drawdowns from the top on both pullbacks I've highlighted in yellow. Corrections and consolidation only raise the ceiling of how high we can go.
The price POLONIEX:DCRUSD may enter a new range soon!
The growth phase of the price of BITTREX:DCRBTC has begun this year. This can be seen from the breakdown of the downtrend, as well as the phase of the fall and rise in the price of bitcoin. The estimated peak in the price of the rising phase is shown on the chart. Will the price manage to reach the upper border of the rising channel this year?
Decred path to victory.
Decred is about to make a strong move soon!
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...
DCR/BTC forming multi-week hidden bullish divergence on the 6 hour candles. If this pops the day Decred activates it's decentralized treasury, it'll make me a believer in the fundamental price action.
I'm noticing a pitchfork trend forming during the past 5 months of this bull run. Pitchforks can be invalidated by sustaining a trend change. I'd say there's a high chance that this will eventually be invalidated by trending at a higher angle.
DCR/BTC is forming a broadening wedge which is a bullish continuation pattern. Price target ~0.0044
Hello everyone, this is my 8th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of DCRUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period...
Suspicious price action above the MA with volume. BIO
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (69.23). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DCRUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (69.23). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DCRUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Hey. Not gonna go deep into this. I was studying cycles, patterns, fractals a lot in 2020, and now that cryptocurrencies are heating up, I see this scenario on $DCR. There are many other good cryptos that will do well, but this coin should be in top 5 if not 1st place by the gains that it will create for investors. TARGETS : $ 1700 / $3700 Do what you think...
Decred's USD pair is completing another wyckoff accumulation right now. Don't miss the boat.
Hi All, This is a continuation of the previous post, link below. I got stopped out on this trade and am now looking to re-enter after the breakout. The chart tells you the rest. All the best, S.SAri PREVIOUS POST Overview