Symbol: DCRUSD
Sector: Cryptocurrency
We are playing a massive bullish pattern.
The bullish falling wedge. These are my favorite formations to play for a breakout as the price will begin to squeeze price range compression point.
The current range is around $10-$15
If the market can get some more pullback I would like to get the order filled around $10 for a...
Cryptocurrency: Decred
Circulating supply: 11 million coins
Max supply: 21 million coins
Sort of like it's big brother bitcoin
90 million daily volume
146 million market cap
Current price: $12.81
All time high: $129.37
Squeeeeeeeezeeeeee itttttttttttt.
Is the wedgie done and ready to snap?
Btc pair shows a little bit more of downside to touch bottom...
Alt Coin Analysis - Points out of 10
Date : Since 2018 ( 1 / 10 )
Volume 24 H : 1500 BTC ( 5 / 10 )
Available Markets* ( 7 / 10 )
Social Media Rate ( 6 / 10 )
Ranks ** - 26 ( 8 / 10 )
Website ( 5 / 10 )
Type Enabling users to issue tokens on a secure and decentralized blockchain.
Overall ( 6 /10 )
The volume is not bad.
As long as Decred is above the...
$DCR shows bullish divergence on daily MACD.
It's in accumulation phase as the most of the market.
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
Technical analysis:
. DECRED/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility...
Technical analysis:
. DECRED/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility...
DECRED has been retracing and looks like it is finding its bottom so we are awaiting another dump as it still did not get out of its downtrend however our next support is quite strong and we should be expecting at least a pump of 20-30% which is I would say not bad for the current situation in the market not much upward movement at all but I think by the time DCR...
Technical analysis:
. DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility for...
Technical analysis:
. DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility for...
DECRED/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (50.40) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the...
DECRED/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (50.40) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the...
DECRED/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (36.90 to 22.30), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (36.90)
Ending of entry zone...
