Technical analysis:
. DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
There is a possibility for the beginning of an uptrend in DCRBTC
Technical analysis:
. DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the...
Technical analysis:
. DECRED/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone...
DCR looks like a great entry currently and FA is very bullish as well as the bullish div and trend change.
Only thing that putting me off is the lack of volume due to it being on trex, would be unsure as to whether it could keep up the momentum.
Would be aiming for 0.001365-0.00143 next 7 days
In an ideal world DCR would probably bounce off the 0.5 fib and I would put a bid in at 0.0125, but market is in a bad way which would make it even more difficult.
Hypothetical trade to see how it would work out. Stop loss would be very tight at 0.0122.
Bullish on hopium.
Entered into DCR around 0.0110 before as it was trying to breakout. RSI is consolidating but price is showing higher low's so thought it was worth a shot.
Felt like it was quite a similar set up to LUN which ended up going 100%.
FA- consensus week so hopefully even the worst alts should do well nevermind the ones that are on top page of bittrex.
Technical analysis:
DECRED/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 66.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone...
