Decred / Bitcoin

Short

Decred Uptrend

By TheRealSoothaa

Updated

Looks like Decred is really liking this ascending triangle it has forming. The daily RSRI is overbought and will probably fall to the green target box.

Note

We're approaching the target, but everything other than the daily SRSI is exhausted.. might not get as low as I thought!

However it looks like it is time for BTC to retrace so that might help bring us down a little more.

Note

Target area reached. Market is heavily oversold, I'd expect to see a decent candle soon.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.