Enter long limit 100,5 SL 96 PT1 108 PT2 118 BE 107 RRR 2:1 mid term BINANCE:DCRUSDT
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...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (69.23). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DCRUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (69.23). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DCRUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Hey. Not gonna go deep into this. I was studying cycles, patterns, fractals a lot in 2020, and now that cryptocurrencies are heating up, I see this scenario on $DCR. There are many other good cryptos that will do well, but this coin should be in top 5 if not 1st place by the gains that it will create for investors. TARGETS : $ 1700 / $3700 Do what you think...
Decred's USD pair is completing another wyckoff accumulation right now. Don't miss the boat.
The harmonic pattern is completing so we expect the short very soon or it could just drop now. I will keep this chart updated. Thank you for the support.
We went long Decred on 12 November and are currently +256% on the trade. Decred is trading at $55 just above its 8 day EMA ($54) and well above its 50 day SMA ($33). We remain long Decred for the long-term but would take some profits off the table if support at $50 is breached.
At Break out level. Huge Accumulation Period = Huge Gains usually
Decred is one day away from solidifying a bullish morning star pattern on 6 month candles.
Decred has had a drawn out retracement almost back to the starting line. It's currently forming a descending wedge which could be set up for a reversal. The setup would be a breakout of the falling wedge forming the right shoulder of an inverse H&S setup which would propel us back to retest local highs.
Coming into the final phase which is the most exciting one. Markup.
Monthly DCR/USD MACD just flipped green for the first time ever. If it can hold onto this until the monthly close sets it in stone, it would be a strong signal of the beginning of a sustained trend change.
Decred has been ripped back and forth for the past year. If we zoom out we can see evidence of a macro inverse H&S forming on the daily though. The shoulder line looks clean and the volume is trending steadily downward after the head has formed. With all of the bullish news right around the corner (Decentralized treasury, atomic swap DEX, DCR Lightning Network,...
Decred about to pull of an end-to-end with a price target of $90
I've revised my previous wyckoff analysis on Decred. It's looking like a hybrid of the two popular schematics.
DCR Decred 4H Channel - DCRBTC DCRUSDT DCRUSD DCR BITCOIN dcrbnb
Decred had a healthy correction have a nice pump. There's a potential inverse head & shoulder setup if you still want to get in.