Decred awoke from its slumber at the beginning of November. Perhaps Halloween jolted it to life. We went long DCR/$USD on 12 November and are +112%. Decred is something we are interested in long term. We will be looking out for a short term correction however as the price has more than doubled in 3 weeks. Both Stochastics and the RSI suggest we are in...
Coming into the final phase which is the most exciting one. Markup.
Monthly DCR/USD MACD just flipped green for the first time ever. If it can hold onto this until the monthly close sets it in stone, it would be a strong signal of the beginning of a sustained trend change.
Greetings, a tool in a global channel that looks down like all altocoins. At the moment, the price is close to the upper limit of the channel, and can give a good entry point when breaking and anchoring above the channel. Also on the horizontal volumes you can see important support and resistance zones, which will act as targets for taking profits and placing...
Decred has been ripped back and forth for the past year. If we zoom out we can see evidence of a macro inverse H&S forming on the daily though. The shoulder line looks clean and the volume is trending steadily downward after the head has formed. With all of the bullish news right around the corner (Decentralized treasury, atomic swap DEX, DCR Lightning Network,...
Decred about to pull of an end-to-end with a price target of $90
I've revised my previous wyckoff analysis on Decred. It's looking like a hybrid of the two popular schematics.
DCR Decred 4H Channel - DCRBTC DCRUSDT DCRUSD DCR BITCOIN dcrbnb
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00097855). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BCRBTC is in a range bound and the beginning 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 (0.00097855). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BCRBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
We have a strong signal for DCRBTC (Decred), a full shakeout has taken place... Let's look at it closer: Notice the long lower wick/shadow on yesterday's candle. Prices went all the way down to 0.00000750 hitting a new low to fully recover and close above EMA10. We are now seeing a challenge of EMA50. This is setting up DCRBTC for a long period of sustained...
Decred had a healthy correction have a nice pump. There's a potential inverse head & shoulder setup if you still want to get in.
Here Decred (DCRBTC) is already moving above the down trendline/falling wedge... The next target is set at 68% followed y 164%. We have a trade idea with the full numbers listed below: In case you would like to see this pair in more detail. We have a volume breakout and prices yet to move above EMA10... This is only getting started. This is an easy one. Make...
Decred forming a bullish kumo twist on the weekly. Perfect opportunity to complete the right shoulder.
Decred is consolidating after several strong wicks on 4hr candles and trying to break above the ichimoku cloud which would initiate a nice trend reversal. Price target for the symmetrical triangle forming is ~$16 and maybe further if we can sustain it and form some bullish ichimoku clouds.
If you missed the pump from the last day there's a good opportunity coming up. In bullish trends the Kijun (red line - slower moving average) gets periodically tested after a big move. ~$12.30 is both 1 hour candle Kijun support as well as 50% fib retracement support. Both are bullish retests that occur during uptrends and great opportunities to get in if you...
In this special analysis for Decred holder's and all investor's community. I show you one of the awesome proyect that I see so curios and it's Decred, the cryptocurrency that use the governance to build a network more scalable and secure. What is Decred? It's a Blockchain based with a strong focus on community input, open governance, and sustainable funding...