DCRBTC Analysis BINANCE:DCRBTC Looks to have bottomed here. As long as this 1950 area holds on the daily I think this has some serious potential to reach a true wave 3 target. Above 2224 is a nice start I'd like to see. Some bearish div on the RSI daily suggests some more sideways or consolidation. A break above 2224 is what I really want to see to jump in, though I don't mind building a small position around CMP where we are. This is extremely speculative at this point, but with alts looking to run it's important to target the ones that are already in consolidation, not the ones that are up 70% in the last week. As always with alts - trade small. They are really volatile even when going up.
Decred
DCR AccumulationThe repression of DCR's break out will soon subside.
- We note two large daily wicks towards ~23.875
- Liquidity on the books will soon be unable to hold. As a result we begin to see large daily wicks as the sell side is lifted without
liquidity to back the price stall.
- With over 50% of the circulation locked up in staking, the upside pressure will soon take over as sell side demand continues to with.
I will keep an eye on:
i) Liquidity zone between 23.875 - 25.805
iii) With a substantial break, DCR has the open road to push towards $30
Will monitor this actively as accumulation continues.
If we make a substantial move down, I will most likely look to continue getting long.
[DCRBTC](246%) Decred PREMIUM TradeDecred (DCR) Overview
Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms.
Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets.
Decred (DCRBTC) Chart Analysis
We are going to start with the weekly chart for Decred, take a look at a few of the signals and then move on to the daily...
Weekly:
The purple arrow on the chart represents the bullish divergence between DCRBTC price action and the MACD indicator. We see the prices moving lower while the MACD is moving higher (the MACD is the blue line on the first indicator).
The RSI hit an extremely low and recently had a strong bounce. Still weak but moving up. I consider 30 as oversold/weak on the weekly timeframe. So a very weak RSI after the strong divergence as seen above can be a buy signal.
The MACD histogram is also starting to turn green.
We have a full green candlestick this week. A weekly close is needed for confirmation.
The volume profile indicator is showing that the momentum is towards the upside.
Over 230% of profits potential based on Fib. targets.
Now let's take a look at the daily timeframe chart for DCRBTC:
Here we have a broken downtrend line (red dotted).
We can see big volume and EMA50 rejecting the growth. That's the level to break for DCRBTC to move higher (so you see a green arrow above it).
There is a bullish divergence with the MACD.
The RSI hit ~18 recently, very low, and is now strong/bullish above 50.
DCRBTC is trading above EMA10 (green line) which tells us that it has bullish potential.
Let's get to the numbers.
Decred (DCRBTC) PREMIUM Trade
Buy-in: 0.001700 - 0.001950
Next support: 0.001550
Targets:
1) 0.002240 |Hit 3-Nov. (+18%)
2) 0.002440 |Hit 3-Nov. (+29%)
3) 0.002700 |Hit 11-Nov. (+43%)
4) 0.003050 | Hit 16-Nov. (+60%)
5) 0.003440
6) 0.004220
7) 0.004700
8) 0.005800
9) 0.006550
Profits potential: 246%
(Buy-in calculated at 0.001890)
Stop-loss: Close weekly below 0.001500
Capital allocation: <10%.
ADAPT AND ACCEPT TO CHANGE
Multiple realities can come at you at the same time on the same day.
It is hard to grasp,
It is hard to see,
It is hard to understand that the detox symptoms are the signal of imminent change.
You cannot see, you do not know so you don't understand.
And while you are there trying to figure it out, your body is already in the process of adapting and accepting the change.
As soon as your body starts to evolve, the rest will follow in a natural way.
So only if you upgrade your consciousness...
Change an idea about yourself.
The rest will just follow...
Go adapt and accept to be able to change.
Namaste.
There is a trading opportunity to buy in DCRUSDTechnical analysis:
. DECRED/USDollar 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 support.
. The RSI is at 65.
.The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (18.25000000 to 12.25000000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (18.25000000)
Ending of entry zone (12.25000000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 25.00000000
TP2= @ 32.00000000
TP3= @ 40.00000000
TP4= @ 57.25000000
TP5= @ 71.20000000
TP6= @ 85.00000000
TP7= @ 104.85000000
TP8= @ 130.00000000
TP9= Free
There is a trading opportunity to buy in DCRUSDTechnical analysis:
. DECRED/USDollar 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 support.
. The RSI is at 65.
.The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (18.25000000 to 12.25000000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (18.25000000)
Ending of entry zone (12.25000000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 25.00000000
TP2= @ 32.00000000
TP3= @ 40.00000000
TP4= @ 57.25000000
TP5= @ 71.20000000
TP6= @ 85.00000000
TP7= @ 104.85000000
TP8= @ 130.00000000
TP9= Free
Decred (DCR): Bigger Move PossibleLooking at Decred (DCR), we have another fascinating chart in the alt space. DCRBTC could be in the early stages of a much more significant up move. We saw a presentation on Decred at the Austin Bitcoin conference. Decred has specific properties on its blockchain that make it appealing as a cryptocurrency. Decred is also a favorite of major hedge fund, Delphi Digital
Looking at the chart, DCRBTC is pressing against horizontal resistance at 29. While we have to wait and see, we suspect Decred (DCR) has the power to through this level. If Decred (DCR) can get through this level, 44 would be next.
Bottom Line: Barring a significant drop in the crypto markets as a whole, Decred (DCR) looks like a coin where you can buy dips.
DECRED - Massive Bullish Continuation Pennant - 20%+ GainsDecred has a very bullish set up here. DCR has a beautiful continuation pattern forming that I'll be looking to break to the upside. I think we have a good opportunity to nab 20%+ on a breakout with the possibility of hitting the .0032 area.
Decred Price Analysis DCR / USD: Bullish ReversalDecred has been on the rise since Chinese President Xi Jinping’s positive comments towards blockchain and cryptocurrencies, with the DCR / USD pair exploding by around 100% from its 2019 trading low.
The powerful rally has changed the short-term, but not the medium-term outlook for Decred, after the cryptocurrency previously suffered four consecutive months of heavy downside losses.
On a monthly basis the DCR / USD pair has added over thirty-five percent in value and has recently formed a large inverted head and shoulders pattern on the lower time frames.
The bullish inverted head and shoulder pattern shows that if DCR / USD buyers can secure a sustained breakout above the $23.50 resistance level, the cryptocurrency could add a further fifty percent to its trading value.
The daily time frame is showing that the DCR / USD pair is now consolidating in between its 50 and 200-day moving averages, which highly suggests that a medium-term directional breakout is on the horizon.
The daily time frame shows that a descending triangle pattern has formed, with the top of the triangle currently located around the $30.50 resistance level.
Interestingly, the DCR / USD pair’s 200-day moving average is currently located around the $24.50, which is slightly above the neckline of the bullish inverted head and shoulders pattern on the four-hour time frame.
In theory, a rally of around twenty-five percent could occur if buyers force a breakout above the 200-day moving and test towards the top of the descending triangle pattern.
According to the latest sentiment data from TheTIE.io, the short-term sentiment towards Decred is neutral, at 49.00 %, while the overall long-term sentiment towards the cryptocurrency is also bearish, at 33.00%.
DCR / USD Daily Chart by TradingView
Upside Potential
The four-hour time frame shows that a large inverted head and shoulders pattern has formed, with the $23.50 level acting as the neckline of the bullish pattern.
Key technical resistance for the DCR / USD pair above the bullish pattern is currently located at the $24.50 and the $30.50 levels.
Downside Potential
The four-hour time frame is showing that the DCR / USD pair’s 50-period moving average is currently providing the strongest form of short-term technical support, around the $19.50 level.
The daily time frame shows that the DCR / USD pair’s 50-day moving average, located at the $16.50 level, is the strongest form of medium-term support if a deeper decline under the $19.50 level occurs.
Summary
Decred has had a stunning move higher over the last few weeks, placing the cryptocurrency in an attractive technical position.
Continued gains above the $24.50 level could propel the DCR / USD towards the $30.00 level and possibly even higher.
Decred is starting new bullish trend? DCR/BTC is bullish right now! Everything is on the chart. Idea is very simple. Go long - HOLD. Put stop loss if something goes wrong. Good Luck and Have Fun! Subscribe and press like! Ali Jack
At 0.002 DogecOin is going up! and by up I mean UP!If your new to the crypto one thing is that its not only bitcoin and etherium there are plenty of OPPURTUNITIES At 0.002 this cant get any better for early investors. One thing to take in to account is knowledge is power and based on it you invest.
Decred Overview & Chart Analysis (Starting To Move)Decred (DCR) Overview
Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms.
Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets.
Now let's take a look at the daily timeframe chart for DCRBTC:
Here we have a broken downtrend line (red dotted).
We can see big volume and EMA50 rejecting the growth. That's the level to break for DCRBTC to move higher (so you see a green arrow above it).
There is a bullish divergence with the MACD.
The RSI hit ~18 recently, very low, and is now strong/bullish above 50.
DCRBTC is trading above EMA10 (green line) which tells us that it has bullish potential.
Additional details can be found on the chart.
Namaste.
Decred Falling Wedge! DCR Finally Bottomed Out? OpportunityIf DCR bottomed out at 0.0015, and breaks out of the falling wedge as it approaches ~0.00175, then it's a great buying opportunity either for a long term position up to ~0.004 or a short term take profit at ~0.002
Moreover, with Decred's privacy features, Politeia GUI update, and potential Coinbase listing soon, this coin is primed for major reversal based on fundamental aspects as well. The proverbial sleeping dragon.
Decred [DCR] - Buy PullbackDCRUSDT has had a significant bullish change in character whereby demand was found in Hammer and Piercing Pattern formations on 31D and 1M charts, respectively. Price has expectedly met with supply at Phi EMA 144 and a pullback will ensue. Ideal re-entry will be between SMMA 6 & EMA 30 ($15.50-$16.50). Buy only on bullish candlestick reversal signals with volume to support higher prices. We're looking for Hammers, Bullish Engulfing Patterns, and Morning Stars. Volume is the key factor which will illustrate the drive to break out of EMA 144 and push into the next Phi EMA 305 target ($20.00). Heikin Ashi well illustrates the bullish change in character and the zone between SMMA 6 & EMA 30 represent the sweet spot for long entries. Beware that a failure of these EMAs to hold as support will invalidate this bullish analysis.
Entry: 15.50-16.50
SL: $14.50
TP1: $20
TP2: $23
RR: 2.67/4.67
DCRBTC 1HDecred seems to do rising wedge and periodic wave in wedge, movement can complement itself to the cup.. rising symmetrical triangle inside the cup. Break a leg&good luck!
Decred - AltseasonDecred está preso numa cunha de alta fortíssima, o rompimento da mesma pode gerar um forte pullback e uma retomada para bull market!
Entradas:
153.000 a 170.000 ( entre fracionado, ainda não finalizou completamente a descida )
Stop: 149.930
Alvos médio prazo:
1: 270.000
2: 400.000
3: 460.000
no more space for DCRAs we can see here there isn't more space for DCR. I think the price will continue move downwards to around 1700 sats. and after that move there is nice opportunity.
Stop level is under the yellow curve.
Profit opportunity is about %20
Today`s ALT!!! DCRBTCBINANCE:DCRBTC
Exchange : Binance
Coin: DCRBTC
Buy Zone: 0.00192~0.0019
Target Point: 0.00199/ 0.002065/ 0.0021/ 0.00215/ 0.0023
S/L: 0.00188
Risk: HIGH
Term: Middle - Long
It`s moving in Down Trending Channel
There is Bullish Divergence at the bottom of Channel
It can be touch top of channel !!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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DCR/BTC - All Technicals Point to Upward MovementThe KC was perforated by a violent move, the old resistance of the downward channel seems to have become support.
Given that the new Privacy features have just been released and given the increase presence on social media etc., I would advise all to keep an eye on this one.
DCR/BTC BREAKING out of the long-term downward channelFUNDAMENTALS:
DCR released its PRIVACY recently: twitter.com
Which is major news, it means that ZCash and Monero have a new competitor now.
But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance.
They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems.
TECHNICALS
What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart.
This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed
Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it
The time for DCR/BTC has finally arrivedI rethought this whole thing and it all makes sense now.
2 major things lined up for Decred:
1) Market Makers
2) Privacy Release
