This one is an update for my dad that believes all the morons on tradingview. deCRED has probably the most bullish chart of any cryptocurrency. A massive bull flag and the fractal is playing out perfectly with another adam and eve bottom at the termination of the bull flag. My target is $6,000 in May 2022 where the bull run will end and we will enter a bear...
DECRED looks great imo. drawing a nice symmetrical triangle on declining volume AFTER sustaining support for weeks retesting the previous ATH. when we breakout, we will be gunning for 370 from here. looks really good
A LONG TERM overview on $DCR
Formed a MASSIVE Rounding Bottom Pattern that will result in a final impulse move. Around 1200$ is possible this cycle. However.... I think the REAL BULL PHASE will begin approximately 2 years from now!! Because of increased regulations and surveillance for citizens, crypto will take a hit, BUT privacy coins due to their anonymity...
Decred may be in a variation of an alternative wyckoff re-accumulation cycle right now. It's showing many similarities to the first schematic with a few variations in it. I believe it's shown a Sign of Strength and is at the initial Last Point of Support right now.
One of the major factors for my long term investment in Decred was it's price action in 2017. Let's take a step back and see how it's performed in since the pandemic drop against a basket of "blue chips". This is in % scale so this compares raw performance of all these coins against each other. Decred is winning handily year-over-year.
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
Decreed is a mineable coin but only few people knows that it has a potential of a great rewards. ASIC Miners to crypto mine this coin quite to rare to buy or most likely out of stock on the manufacturers website. If you have one, you're lucky. If you don't have, maybe just HODL ( Not a financial advice...
Spitballing on the macro pitchfork I've been watching. 50% drawdowns from the top on both pullbacks I've highlighted in yellow. Corrections and consolidation only raise the ceiling of how high we can go.
Decred looks interesting here after an 18.9% pullback from the all-time high set on 17 April last (Coingecko). We went long on 12 November last and are currently +1201%. This crypto has performed very impressively for the past 6 months and pullbacks generally find support at the 50 SMA. This is where we find ourselves today.
If you are looking to redistribute...
The time has come for DCR to fulfill its destiny as a permanent fixture in the top 10 cryptos by market cap. You know this. I know this. Everyone knows this. That DCR is currently fending off PancakeSwap (wat) and Voyager Token (huh) for the #47 spot on coinmarketcap is a special kind of travesty -- the kind that is also a major buy opportunity. Decred has all...
CMC #46
" What Is Decred (DCR)?
Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies.
According to the official whitepaper, Decred was created in such a way that the community approves all transactions and...
i followed decred since 2018. Their community reminds me of bitcoin during 2013 bunch of fanatics, hard working and believers.
the coin is same as bitcoin but better, it even has governance , privacy and etc etc for the disclaimer i have 1000 dcr at 14$ because i knew that bitcoin wanted to do all these things but failed. Only reason bitcoin has value is its...
BINANCE
