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...
in recent days DCRBTC has increased about 30%, one of the main reasons was definitely the hammer candle at the bottom of the downward trend. as you can see three white soldiers pattern has been shaped. this means we might see 10-25% increase in short period.
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...
Here we have the numbers for Decred.
Good luck/success.
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DCRBTC
BUY: 0.001000 - 0.001175
TARGET:
1) 0.001234
2) 0.001350
3) 0.001650
4) 0.001800
5) 0.002050
6) 0.002450
7) 0.002750
STOP: Close weekly below 0.000900.
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Please remember that this is a waiting game...
Trading, or making money with cryptocurrencies/altcoins, can be very...
Some times you look at a chart and the asset just looks too low. Look at this thing, down 95% since the last ATH. Been around since 2015 and has some of the original Bitcoin devs working on the protocol. One of the only coins that hasn't broke out; upside is huge (potentially 2,600%)
This is not financial advise. DYOR.
I am neutral. Sell2 and sell1 signal show we must not buy. However, the chart is hitting support/ATL position and is below the McGinley dynamic line. We must only buy when we get a buy2 + buy1 signal. If we get buy signals while the chart is below the McGinley dynamic line, we can feel very confident about our long position.
Decred (DCRBTC) is showing bullish divergence with the MACD and RSI... This is a strong signal.
At the same time, DRCBTC is trading at All-Time Lows, literally.
The STOCH is oversold and trending up.
The RSI is looking strong at low prices.
The MACD is still bearish but showing bullish divergence...
These signals are telling us that DCRBTC can easily move up...
Decred is 64th cyryptocurrencies according to coinmarketcap rank. Price seems like to break down trend which is continuing since 2018. between january 2020 , july 2020 volume is incresing. Try to find contunation pattern 1600 satoshi level. good luck.
DCRBTC is attempting to break weekly structure (redone)
IF the price break it and retest the previous resistance, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of...
It has been in a massive downtrend with regular attempts at resistance. We are nearing end of triangle and per wave analysis, there should be impulses going up. There are immediate resistance zones above current price but recent RSI divergence gave it a small boost. Perhaps a small position to place here but per chart, it can basically double easily.
