DCRUSDDCR has quietly Tagged along with bitcoins parabolic gains After a bullish consolidation period of higher highs and lower lows this bull run lays the path for a clear route upwards chasing up the market capitalization list in my personal opinion providing the following factors are met:
The Pre sale of ASIC Mining rigs to pre order customers do not require a re spin prior to dispatch & Provide to be profitable during the pre mine period
Lightning network support will be progressed in Q1 To provide Means of use for newcomers to cryptocurrency
As a Project DCR Has a good ethos surrounding consensus being given to community users not mining corporations. Also Their interaction with the community is positive and consistent which is Good to follow if you believe in the project. lets hope to see more vendors and exchanges accepting DCR in 2018 and the Bulls favour the Bears In this USD pair. Going Long on this one and buying the Dips, Keeping an eye on the weekly RSI.
Happy Hodling
Dcr
DCRUSD $72+? Elliot Wave AnalysisMy thesis on why DCR will hit $72 and is in an excellent spot to enter currently:
-Trading at the bottom of the support of the wave 4 triangle
-5 ABC patterns already completed (drawn on 15m candles)
-Still well above the cloud on 2h and 1d timeframes, currently at near the bottom of the support of the cloud on 1h making it an excellent entry
-Conversion-line still above base-line on 2h and 1d candles
-Cloud green on 1h, 2h, and 1d candles
-Substantial P/L ratio, even with minimum PT of 1.618 extensions of W1-2. If it reaches the stop loss, then the trade is complete void, and the waves invalidated. In other words, a 5:1+ P/L ratio for the worst good scenario and the worst, worst case scenario.
-This Elliot wave analysis comes after a breakout of a considerable consolidation phase showing that it isn't just a fluke
Please leave any feedback in the comments below. I have been unable to respond to comments recently, so if you have a question feel free to PM me. I am trying some new changes to my strategy in hopes of better success.
DCR end of consolidation / Looking for a doubleDECRED has ended it's long consolidation, flag pole target is looking for at least 70 USD
MAs are flat
Lightning network activates in 3 days!
Should be getting payment integration too which will really make it blow up imo.
I'm staking my long term stash of DCR (yes PoS PoW hybrid with governance) - do your research!
Exciting Decred updates - 100%+ profit projectionWith several exciting updates already lately from Decred such as atomic swaps, new exchange listings and upcoming ASIC support there seems to be an interesting future ahead for Decred. Especially considering Lightning Network support is on track will be released 'very soon' (Q4 2017 according to their roadmap). Ontop of all this the circulating supply of Decred has been decreasing due to people locking their coins up in PoS for staking rewards, which is something that will definitely be reflected on the price per Decred.
All in all, I don't see any reason not to buy Decred! However, I am nowhere near being an experienced trader so please always do your own research for your investments/trades.
Source: thedecreddigest.com
Any crypto cannot be better than DCRnews : atomic swap DCR <-> BTC
technical analysis
: Other than this indication, According to my additional analysis, DCR is now trying to above neutral stage, meaning that it starts to sit on the launchpad.
Some possibilities - It could be flare again to revive altcoin market just like Jan. 2017. (Check DCR chart in 2017 Jan through late spring.)
recommend this coin as hodl coin throughout 4Q, as long as it's uptrend will be broken.
DCRUSD 50 EMA bounceLast time 50 EMA bounced off 100 EMA it had a massive bull run. Expecting to happen the same now as well because devs announced just the public proposal system. LN vote is locked in and will be active soon this year. We are waiting for the anonymity announcement which according to the roadmap should come as well at the end of this year. So stars are aligning just right with this beast coin here.
Expecting nothing less than ATH.
DCRBTC Poloniex. Forming a resistance lineAccording to the news fund, this asset has the potential to continue to grow, but the market suffers a large correction, from which this line forms a resistance line. There are all chances to break this line, and continue the growth to the levels indicated on the chart
A nice hot cup of DCR - Long hold through Q4 2017DCR loves cup and handle pattern.
Watch this closely, next target 0.0125.
On non technical note - check roadmap and latest blog posts. DCR is ahead of the curve in many ways. A long hold through Q4 2017 will show great returns on this coin.
blog.decred.org