This is my small analysis.. it is focused in short term
DCR looks to be making another big move up. There was no big selling after the recent move. MACD trending like the last big move. Falling wedge like last time. I decided to try out fib time extensions, even those line up well. Side note, I tried the fib time extensions out a little bit on this chart - they seem to work very well in backtesting.
Looking for a double bottom here at .0015. Hoping for a bounce up to .002 or higher!
I found a set of points for the fib time zones that are more correct IMO. I like these a lot. Lining up with ichimoku on 4H. Looks really good. Wouldn't be surprised if they fake us out like they did last time, so keep that in mind. Decred should see some volume this coming week.
After breaking out of a long term downtrend (since launch) in late Jan 2017, we made a local high at 0.00339911 and been bleeding out since. Inverse H&S forming here with the neckline resistance at 0.0021. Breaking above with good volume will confirm the reversal. If volume is significant, we can see this lead to a quick continuation of the bull trend with new...
There is a lot of progress in this project. Buying Decred on dips and/or breakout. DCRBTC has a unique mix of Proof-of-Work and Proof-of-Stake. Proof-of-Work miners mine the blocks and POS-stakers vote if the block is accepted. This way miners have less power over the network. On btcusd and ltcusd Proof-of-Work miners decide if they approve segwit, on decred...
Hi, i have not traded alot of alt-coins. But i got this idea because someone mentioned decred in chat so i decided to check it out. Perhaps Decred will take another leg up.
MACD is giving a buy signal on 4H as DCR moves to the top of wedge. BBANDS are tight, especially on 2H. Could be a big move incoming. If it breaks 110, next targets are 135, 160, 190.
Decred is a hidden gem that few people know about and ever fewer understand. Founded by Company0 (the btcsuite developers who are well respected in the bitcoin space), Decred seeks to solve many of the issues the bitcoin blockchain is currently facing, such as consensus and governance. Decred has a unique codebase, written from scratch in Golang. Decred is a...
I missed this one. Those who may want to get involved with this one keep an eye on it. I personally am waiting to get in on this one. Too risky to go long now in my opinion. I'm waiting for a Second Test before considering jumping in. Happy Trading... Forgot to show where PS is located in my opinion.
Anyone know about Decred? Do we think Proof of Stake is better than Proof of Work ?
4H bbands tight, may see a move start soon. I'm leaning toward up, but still plenty of sell pressure at each move. RSI and vol increasing steadily. Ive got a bag of these, only reason id sell is to get on faster moves that may come like maid/fct/etc, then go back to sideways/sleepers like dcr/doge/ppc (all of which remind me of coins like xmr about 2 months...