There is a trading opportunity to buy in DCRUSDTechnical analysis:
. DECRED/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (39.00 to 31.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (39.00)
Ending of entry zone (31.00)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 54.58
TP2= @ 58.52
TP3= @ 72.15
TP4= @ 83.18
TP5= @ 94.32
TP6= @ 110.07
TP7= @ 130.05
TP8= Free
DCRUSD
[DCR/BTC] DECRED PROMISES VERY NICE PROFITS [POT PROFIT 50-225%]#DCR / BTC ( Poloniex, Bittrex )
Buy Range : 0.0064
Stop Loss : below 0.0053
Target 1 : 0.00998
Target 2 : 0.01206
Target 3 : 0.01456
Decred seems on a very good zone to buy, price is trying to reverse like December or April.
After massive bloodbath, altcoins are trying to rise against bitcoin. This is the fourth week on streak on green and some indicators looking very good on the weekly chart.
RSI, STOCH, CCI and MACD is performing very good. Only a breakdown of our support zone could invalidate this profitable signal.
Good luck !
There is a possibility for the resumption of uptrend in DCRUSDTechnical analysis:
. DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility for the resumption of an uptrend in the suggested support zone (38.00 to 22.30). traders can set orders with entry signal based on Price Action and expect to reach short-term targets.
Beginning of entry zone (38.00)
Ending of entry zone (22.30)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 47.71
TP2= @ 54.58
TP3= @ 58.52
TP4= @ 72.15
TP5= @ 83.18
TP6= @ 94.32
TP7= @ 110.07
TP8= @ 130.05
TP9= @ Free
There is a possibility for the resumption of uptrend in DCRUSDTechnical analysis:
. DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility for the resumption of an uptrend in the suggested support zone (38.00 to 22.30). traders can set orders with entry signal based on Price Action and expect to reach short-term targets.
Beginning of entry zone (38.00)
Ending of entry zone (22.30)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 47.71
TP2= @ 54.58
TP3= @ 58.52
TP4= @ 72.15
TP5= @ 83.18
TP6= @ 94.32
TP7= @ 110.07
TP8= @ 130.05
TP9= @ Free
Decred Could Have Found The BottomToday Decred has rejected the $58.5 level, that is 261.8% Fibonacci retracement applied to the corrective wave up after the ascending channel breakout. Simultaneously, DCR/USD bounced off the 3/1 Gann Fan trendline which has acted as the support.
And finally, RSI formed a bullish divergence suggesting the potential trend reversal. If price stays above the $58 support it is very likely that the trend will change and Decred will eventually start producing higher highs.
At this point it is a very early stage of the trend reversal, which need more confirmations to say with confidence that the trend is now up. Therefore, it is important to watch for the $81 resistance level breakout as this could be a long waited trend reversal confirmation.
Decred , A good trading opportunity to buy in DCRUSDT echnical analysis:
DECRED/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 36.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (36.90 to 22.30), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (36.90)
Ending of entry zone (22.30)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 50.40
TP2= @ 65.70
TP3= @ 83.90
TP4= @ 99.50
TP5= @ 130.04
TP6= Free
TP5 hit with 85792505964 profit in 24 days. NEW Buy Opportunity.DECRED/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (50.40) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 39.40758259(day close price) based on the reversal candle ( Hammer ) at 04.01.2018.
Total Profit: 85792505964
Closed trade(s): 8177725223 Profit
Open trade(s): 4014780741 Profit
Closed Profit:
TP1 @ 50.40 touched at 04.07.2018 with 1099241741 Profit.
TP2 @ 65.70 touched at 04.15.2018 with 2629241741 Profit.
TP3 @ 83.90 touched at 04.25.2018 with 4449241741 Profit.
TP4 @ 99.50 touched at 04.25.2018 with 6009241741 Profit.
TP5 @ 130.04 touched at 04.25.2018 with 9063241741 Profit.
1099241741 + 2629241741 + 4449241741 + 6009241741 + 9063241741= 8177725223
Open Profit:
Profit for one trade is 79.55539000(current price) -39.40758259(open price) = 4014780741
1 trade(s) still open, therefore total profit for open trade(s) is 4014780741 x 1 = 4014780741
All SLs moved to Break-even point.
Take Profits:
TP6= Free
Technical analysis:
Decred/Dollar is in an Up Trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 75.
TP5 hit with 13134175223 profit in 24 days. NEW Buy Opportunity.DECRED/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (50.40) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 39.40758259(day close price) based on the reversal candle ( Hammer ) at 04.01.2018.
Total Profit: 13134175223
Closed trade(s): 8177725223 Profit
Open trade(s): 4956450000 Profit
Closed Profit:
TP1 @ 50.40 touched at 04.07.2018 with 1099241741 Profit.
TP2 @ 65.70 touched at 04.15.2018 with 2629241741 Profit.
TP3 @ 83.90 touched at 04.25.2018 with 4449241741 Profit.
TP4 @ 99.50 touched at 04.25.2018 with 6009241741 Profit.
TP5 @ 130.04 touched at 04.25.2018 with 9063241741 Profit.
1099241741 + 2629241741 + 4449241741 + 6009241741 + 9063241741= 8177725223
Open Profit:
Profit for one trade is 88.97208259(current price) -39.40758259(open price) = 4956450000
1 trade(s) still open, therefore total profit for open trade(s) is 4956450000 x 1 = 4956450000
All SLs moved to Break-even point.
Take Profits:
TP6= Free
Technical analysis:
Decred/Dollar is in an Up Trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 75.
Decred Rejected The SupportDecred seem to find the support at 88.6% Fibonacci retracement level that is $37. Price rejected the support together with the 8/1 Gann Fan trendline. The following wave up resulted in the break above the downtrend trendline, suggesting either a correctional move up or a trend reversal.
The resistance is seen at $80 area, this could be the first upside target for the potential upcoming wave up. Second resistance is near $90, that could be the decition point for DCR/USD. Break above $90 should establish a long term uptrend while rejection would result in a correction down.
On a downside, daily break and close below $37 support should invalidate bullish outlook and extend the consolidation.
DCR/BTC OPPORTUNITY!Like all the other coins Decredo is back from correction and is now on bull run, the coin might hit its resistance of 0.008 BTC and bounce back however it wont be long till it hits its upward trend line after which we should see the next bull flag.
Buy-in price: 0.0075-0.00795 BTC
Targets:
1. 0.0095 BTC (short)
2. 0.0115 BTC (long)
Coin potential price: 0.021 BTC
Stop-loss: 0.0072 BTC
The first target for this trade is solid as the market is on bull run and most of the coins are expected to hit their targets, however the second target will only be possible in short time if the market continues to be on bull run, therefore that would be our long term target.
Good luck!
DCRUSD , weekly update:Total profit 13423147646 in 15 days.!DECRED/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (36.90 to 22.30), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (36.90)
Ending of entry zone (22.30)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 39.40758259(day close price) based on the reversal candle (Hammer) at 04.01.2018.
Total Profit: 13423147646
Closed trade(s): 3728483482 Profit
Open trade(s): 9694664164 Profit
Closed Profit:
TP1 @ 50.40 touched at 04.07.2018 with 1099241741 Profit.
TP2 @ 65.70 touched at 04.15.2018 with 2629241741 Profit.
1099241741 + 2629241741 = 3728483482
Open Profit:
Profit for one trade is 63.64424300(current price) -39.40758259(open price) = 2423666041
4 trade(s) still open, therefore total profit for open trade(s) is 2423666041 x 4 = 9694664164
All SLs moved to Break-even point.
Take Profits:
TP3= @ 83.90
TP4= @ 99.50
TP5= @ 130.04
TP6= Free
Technical analysis:
Decred / Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 65.
DCR / BTC on ascending channel and clear uptrend !The chart of DCR / BTC give us some clear signs to be optimistic for thee following weeks:
- It is on a clear uptrend since December
- Lately it has been moving on ascending channel, and very recently has rebounded from the bottom of this channel
- The MACD is about to cross upward, and the Stoch.RSI suggests that there is plenty of room for the price to move up.
We can set up the following trade:
Buy below 0.0090
Target at the top of the channel @ 0.0110
If you are patient and willing to wait, if the price breaks the resistance formed by the top of the channel, we might see new highs formed; so for long-term, I would not sell all my DCR at the target.
Stop-loss @ 0.00805
Follow us on Telegram @ t.me/cryptowhaletrading
Decred From $110 To $220?Following the previous idea on Decred , it has broken above the resistance at $110, and this price currently acting as a support level. It could be a good starting point for the uptrend continuation where price could grow from the current $110 up to the $222.
At $222 there is a strong resistance confirmed by the 727.2% Fibonacci retracement level applied to the last strong corrective move down, that lasted from June until July. At the same time, $166 resistance level should be watched as the rejection of it could result in consolidation. All in all DCR/USD looks extremely bullish where uptrend is likely to continue. Only a break below the $53 support could invalidate bullish outlook.
Decred Time For CorrectionFollowing the previous idea on Decred , it has reached the upside target at $117 and as expected tripled in value. But now as the resistance is being rejected DCR/USD could start a consolidation period or even start a strong correction down.
The $117 level should be watched closely, while it is being respected by the market, the downside pressure will remain very high and Decred could correct down towards one of the Fibonacci retracement levels.
Therefore, at this point, buying Decred could prove to be extremely risky, unless the resistance is broken. Wait and see approach could be the most appropriate.
Autonomous Digital Currency is ready for 300% upsideAbout the coin:
The team claim it as Autonomous Digital currency with
An innovative hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system.
A censorship-resistant blockchain-anchored public proposal platform.
Smart contracts that work such as Lightning Network.
Cross-chain atomic swaps between different digital currencies.
Cross-platform wallets for ease of use.
The Top 5 Reasons to become a Decred Stakeholder:
1) Reward to govern.
2) Consensus voting
3) Approve proposals for funding
4) Help secure the network against contentious hard forks
5) HODL
More information here: medium.com
Interview with Decred Project Lead: www.youtube.com
Website : www.decred.org
Well, can we make money with the above? Yes why not, lets take a look at what chart says.
I see a breakout to happen (remember, we are the one who predicted Doge, QTUM and much more to skyrocket)
The breakout provides an opportunity for 300% solid.
what about other indicators say?
Well, In Price action strategy, we hardly use other indicators. Chart Patterns, SR, RSI and MACD for more support.
The price should break the triangle to gather momentum. I would recommend to buy now and add more till the breakout.
You may not get it cheaper once the triangle is broken (Remember, 4x gain from ADA in 20 days. Another opportunity here)
Targets :
10000 (0.010 )
18000 (0.018)
Entry :
Now: 4970
DCR is in an uptrend!DCR is in an uptrend. BITTREX:DCRUSD
Cryptocurrency is in an uptrend.
Breakout is likely to the upside.
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
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!