DCR falling wedge idea

Updated

Looks like a falling wedge on Decred. 4hr stoch RSI capped, probably test support and look for a breakout I assume.
Just an idea, something to keep an eye on to make some $$. Wait for breakout or potential retest of support that was former resistance if pattern completes.

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Breakout for ! Bullish TK cross on 4 hr, will test support first I think. 1hr stoch RSI capped, 4hr getting there+Low volume breakout.

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Tested support as expected after breakout. Buy volume was low + Bitcoin shenanigans happened at the same time so we broke support. We're still in a falling wedge pattern imo. Soooo wait it is :D

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Accidently put it in comments, but..
We have breakout ! :)

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So we broke the resistance on the 3rd attempt !
All stoch rsi's capped or almost capped.
Think we'll test support before more potential upside. Let's hope it holds if it does !
Decent buywall on trex for DCR around support compared to average orders,
so that's decent !

Gladi

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