DCRBTC
Decred (DCR) Primed for Trend Reversal, LONG PositionLooking at the long term log chart for Decred/BTC, what do we see?
We see that we're now touching a line that has been touched 4 times now, so it has a strong "magnetic pull" both + and -, we're bouncing off of that line now
We see that if now is the time of reversal, a possible target before retracement is the previous ~0.018 BTC ATH
DCR fundamentals (development, characteristics) should position it as a top 10 crypto in the future, because of its unique hybrid design
Moreover, "staking-as-a-service" seems to be gaining traction (Coinbase, Staking.us, etc.) and DCR could lead that trend
If you observe popular crypto personalities and traders, many like Murad Mahmudov begin speaking about Decred as the only competition to BTC
This is a unique chance to catch DCR before it gets big.
$DCR Trying to flip (R/S) on the USDT at around 27$...$DCR Trying to flip (R/S) on the USDT at around 27$...
UCTS printed a buy signal on the 1D..
RSI got rejected at overbought levels but for now is holding above support
Volume increased over the last 2 days
Crossing above 29,74$ (fib level) can act as confirmation
#DCR
DCR DecredBTC IS Ready For Breakout Above Aprils High 50% PPBINANCE:DCRBTC Is showing strong momentum and Increased
RSI
Buying Volume
DCR is ready to breakout with 50% Profit Potential from Now the green candle pattern has already formed and we already have broken April's low now its time to watch the show for Bull run.
About the Chart
I have highlighted 3 Targets using 3 different color of lines and giving 2 of them names like A and B whilst i have also highlighted the possible drop-zone in case of not being able to find desired support .The resistance is marked with black 2 faced arrow.
we still need some more volume to hit 5700
I hope you liked this chart.
i will keep you guys updated .
Never forget to use stop loss.
Sometimes you earn the other times you learn.
Never put all your Money in one bag .
happy trading
Long Decred or be ForgottenThis setup is entirely similar to STORM and both got bought up during the Bitcoin move to $5k.
I already have a position but i'm adding more if we get even half way to that box again.
Once again, This pick combines FA and TA.
Cryptos have given life's losers a chance. I'm a testament. Get focused, put in honest work and don't ever give up. The greatest lessons come from mistakes and you only fail when you've given up.
Don't be the miner who dug his whole life looking for a gold nugget that everyone else was finding but him, only to give up a day before he would have found it...
God Speed fellas.
$DCR Potential Ascending Triangle in formation...$DCR Potential Ascending Triangle in formation...
UCTS Buy signal active
Volume slowly rising
Sitting over EMA50/100, breaking above ~4919 w volume is key
RSI rising, MACD flat
Bullish Wolfe wave on the 12h
Target on the chart... Falling below ascending trendline cancels it.
#DCR
DCR is actually a goodcoinnot so much of a shitcoin amongst so many others
this shit is actually showing super solid volume even in bittrex where noone trades. like you can even compare this to 2017 volume levels and bittrex is dead now when it used to be as hot as binance
btc wise also pretty much at historical equilibrium if that means anything
this chart lookslike one of those that could look like a flatline after this coin actually takes off never to return
DCRBTC-3D TF AnalysisI have tried best to provide most possible scenarios in coming days
Make sure to read it carefully
Currently the price is confined in large falling wedge (which historically beaks upward in most cases) and a bear rising wedge (which historically breaks downward in most cases).
Let first read carefully the case for Falling Wedge
1. The black line is acting as a strong resistance along with the red line as short term resistance
2. The break through of black and red line with significant volume will open the doors for bulls to push the price upward
3. The yellow circle provide a confluence with falling wedge support where buyers can take more interest
4. A 3D candle close above black and red line is much more significant
The case for Rising Wedge
1. If the price fails to break falling wedge resistance, it might validate the rising wedge scenario
2. Failing to break falling wedge, the price can broke downward that can lead to next support (S2) where buyers should jump in
3. The rising wedge scenario will become invalidated with a 3D close above the red line
MY PERSONAL THOUGHTS
I am personally looking forward for the falling wedge scenario in near future
Thanks
$DCR - Bullish Break of the 50D Ema? - 1D FractalHere is a $DCR trade (fractal) I'm eyeing as $alts begin to look bullish
Its an identical looking setup that I was trading basically all through Aug-Oct.
If you want a combination of rock solid FA & TA for a project here you go
Accumulation > Breakout & retest of 50D Ema > Alt Season? (jokes)
Looking to target and capitalize on the initial breakout and any run up that follows (while being patient and not rushing any entries)
Trade safely as we're still in a bear market,
@CryptoBarTalk