Indicators @ 1D and 3D TF indicate that Decred $DCR will have a nice rally soon!
TP2@18.89 with 3% TTP
SL@12.98 (SL timeout 8700 sec)
I´m not a financial adviser. For educational purpose only!
Just another shitcoin, not so much, actually the worst performing shitcoin in my portfolio. This coin probably will continue to get dumped as it poses a serious threat to bitcoin. I believe bitcoin whales dump on this coin to keep it suppressed. Good luck homies
😯 Decred has been setting up this massive bull pennant like a champ!
You can see that we are now at the top of major Resistance for a chance to pullback to the $10 support.
You could have one more chance for the buy in for a longterm trade prepped for the next bull run in crypto.
You will want to look for a turning point here on the edge with the Crossover...
Now a long-term downward trend. The price is still within this trend. Also below MA 200.
If the trend changes, then the price may rise significantly.
However, now on the chart we are observing the pattern of the descending triangle. When breaking through the base of a triangle
the price often drops to the height of the triangle.
I want to believe that we can...
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...
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
Is the wedgie done and ready to snap?
Btc pair shows a little bit more of downside to touch bottom...
The 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...
Recent price action looks to be a continuation of trend on DCR. The 38 has been holding up pretty well so far, with only a wick below. Struggling to see this hold though. I'd be looking for price to visit the 50 within the next couple of months.
IF price makes it to the 50, I'd consider it a great op to get long. Against BTC there was a decent reaction at a...