Decred (DCR) Primed for Trend Reversal, LONG Position
Looking at the long term log chart for Decred/BTC, what do we see?
We see that we're now touching a line that has been touched 4 times now, so it has a strong "magnetic pull" both + and -, we're bouncing off of that line now
We see that if now is the time of reversal, a possible target before retracement is the previous ~0.018 BTC ATH
DCR fundamentals (development, characteristics) should position it as a top 10 crypto in the future, because of its unique hybrid design
Moreover, "staking-as-a-service" seems to be gaining traction (Coinbase, Staking.us, etc.) and DCR could lead that trend
If you observe popular crypto personalities and traders, many like Murad Mahmudov begin speaking about Decred as the only competition to BTC
This is a unique chance to catch DCR before it gets big.
We see that we're now touching a line that has been touched 4 times now, so it has a strong "magnetic pull" both + and -, we're bouncing off of that line now
We see that if now is the time of reversal, a possible target before retracement is the previous ~0.018 BTC ATH
DCR fundamentals (development, characteristics) should position it as a top 10 crypto in the future, because of its unique hybrid design
Moreover, "staking-as-a-service" seems to be gaining traction (Coinbase, Staking.us, etc.) and DCR could lead that trend
If you observe popular crypto personalities and traders, many like Murad Mahmudov begin speaking about Decred as the only competition to BTC
This is a unique chance to catch DCR before it gets big.
Comment:
So far so good.
Comment:
the sudden drop is a reaction to Binance News
let's wait to see how this candle finishes before drawing any conclusions
let's wait to see how this candle finishes before drawing any conclusions