DCRUSDT has recently experienced a breakout from a falling wedge pattern, indicating a potential reversal in trend. The subsequent pullback towards the wedge has been met with a strong bounce, suggesting underlying bullish momentum. Our analysis identifies a re-accumulation area within the pattern, presenting a favorable opportunity for buying. Targets for...
The downward trendline has been broken. DCE has also completed the trend line retest. Price are expected to be higher.
Considering the prevailing bullish sentiment in the market and the pattern observed on other cryptocurrencies throughout the crypto sphere that have broken out of a prolonged accumulation phase, it can be expected that DCR will eventually follow the general trend and repeat the pattern that we have already seen on many other coins. Decred has been facing...
## DCR Coin: Short Fundamental Analysis and Recent News **Disclaimer:** I am not a financial advisor and this information should not be considered financial advice. Please do your own research before making any investment decisions. **Fundamentals:** * **Hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism:** This combines security from PoW...
BASED ON RSI INDICATOR I WOULD SAY THAT its going to the top by tomorrow
Based on the provided market data for DCR (Decred) traded against USDT (Tether), the current price of DCR is 18.38 USDT. In the 4-hour timeframe, the Relative Strength Index (RSI) is 65.28, which is slightly above the neutral level of 50, indicating a stronger buying pressure. The Moving Average Convergence Divergence (MACD) is positive at 0.93, which is a...
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 16.54 and 14.35 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
The breakout from the falling wedge pattern is now confirmed. There is an anticipation of a 3-4x bullish rally in the midterm. 🚀✨
| DCRUSDT | LONG @ 15.5 - 16.5 | TP @ 17, 17.25, 17.5, 17.75, 18 | SL @ 14 | PATTERN = QUADRUPLE TOP BREAKOUT | BINANCE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher...
💎Paradisers, observe #DCRUSDT current trajectory, which presents a compelling case for a bullish continuation from its established support. 💎 Following the recent volatility in the market, #DCR has embarked on a downward trend. Presently, it demonstrates a heightened probability of initiating a bullish movement from the critical support level at $15.82. Should...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about DCR DCR Descending channel Breakout Has Already done Expecting 300% profit In Coming days
#DCR The price achieved approximately 35% rise since breaking the downtrend and the price reached $16 It is the main resistance price at Moving Average 100 This rise occurs after breaking the downtrend, which is the upper border of the descending triangle It is supported by my selling saturation on the MACD First goal 16 Second goal 21.78 Third goal 24.86
**DCR Fundamentals** **Overview** Decred (DCR) is a cryptocurrency that aims to provide a secure and decentralized platform for payments and other applications. It is based on the Bitcoin codebase, but it has several key differences, including a more efficient proof-of-work algorithm and a more democratic governance system. **Technology** DCR uses a...
💎 Paradisers, let’s focus on #DCRUSDT as it’s currently displaying a promising trend.it is solidly positioned at a key support level, hinting at a potential bullish movement. 💎 Looking back, #DECRED has shown a pattern of breaking upward from a descending channel, leading to an uptrend. At this juncture, if PSX:DCR maintains strong momentum above the crucial...
DCRUSDT is currently demonstrating a bullish trend on the Daily Time Frame, accompanied by a bullish divergence on the 1H Time Frame. Moreover, it has successfully broken a bearish trendline on the 1D chart and retested the support. For potential entry, consider the price zone between $15.30 and $13.90 placing a stop loss at $13.25 to manage risk...
Show some strong signs: 1: Fake breakout at 14.07 level 2: RSI around 50 and retest RSI moving average level 14.07 hold Target 1.200 MA 2.16.15 3.17.78
Who created Decred? Decred originated in 2013 as a product of pseudonymous developers tacotime and _ingsoc, with the release of its whitepaper “Memcoin2: A Hybrid Proof-of-Work, Proof-of-Stake Crypto-Currency.” In 2014, the project was introduced to an open-source development firm led by Jake Yocom-Piatt called Company 0 (C0), who helped launch its mainnet in...