Zooming out, the monthly candles are still within the symmetric wedge, but the volume just isn't there.
Decred team hired a new PR firm (Ditto), with their Proposal System. If they have have news coming out soon, perhaps the long-awaited Privacy release, it could bounce.
I remain hopeful for this project because there's many things that set it apart from the...
DCR/BTC is at a crucial moment, touching a long-term trendline.
If we bounce off of this point, there's an opportunity of finally seeing DCR gaining momentum.
I was waiting for us to get to this point for a long time.
Decred's Politeia system released these days, which is great fundamental news.
The volume remains low, unfortunately, and this is the main reason for my reserved optimism.
Technically, we're in the area of a major support trendline so that does look good, coupled with the great fundamentals (more releases coming soon, like privacy).
I'm watching this and holding...
My simple DCR/BTC TA without voodoo. Previous resistance down trendline became support. Chance for a long term uptrend. I use BTC/DCR instead of USD/DCR like most because that's where the majority of volume is generated. This is the only kind of TA that makes sense IMO (go back to the basics, as Jason Stapleton teaches).