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Dcrusdt

Decred compressing more and more. Ready for release!DCRUSDT looking very strong and forming a little flag here. Very nice and steady uptrend, while DCRBTC also has a very special and clean chart. Also forming a bigger flag, pennant, triangle or whatever you want to call it. Decred has pretty good fundamentals although not that many people have been caring about it recently. It's been under quite development and has more and more things coming on it, which might also include some big listings in the future. First target is near the ATH and next target could actually be much higher and as high as 100-200% from here over the next 4-8 weeks.
Long
by BitcoinMacro
DECRED (DCRUSDT) EXPECTED RETURN 70%+ NEXT 2 WEEKSHello everyone, this is my 8th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of DCRUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 3H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 9 months. Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell. Now if you look at the chart you will find DCRUSDT is just getting out of the compressed mode and you will see that it has very strong long-term trend, it doubles on average every 40 days (I usually use average logarithmic return to reach this result, however I use different parameters depending on the asset) which means that you are buying a very strong crypto-asset close to its fair price, also its worth mentioning that DCRUSDT has relatively very low volatility compared to other crypto-assets. actually, there's only a few other crypto-assets that combine low volatility and high return that's why I consider this small group the crown jewels of the crypto market. with all that said my conclusion is that DCRUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas. please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them or you can just tip me through my DCR wallet address bellow: DsUsoto3XQ27pHbmH7AkQff4VPqPUzFykAL thanks Mustafa
Long
by wolfofArabia
2
DCRUSD: buy setupCMC #46 " What Is Decred (DCR)? Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies. According to the official whitepaper, Decred was created in such a way that the community approves all transactions and changes made regarding the protocol. Hence, there is no way for big Decred holders to manipulate the operation of the protocol. Decred was heavily influenced by Bitcoin and utilized many of the underlying principles of the original cryptocurrency. Who Are the Founders of Decred? The main driving force behind the creation of Decred is an enterprise called Company 0. Its mission is to use the capabilities of blockchain technology to create better personal data protection and to bring organizational liberty to projects. Jake Yocom-Piatt is the founder and CEO of Company 0. Currently, he is serving as a project lead for the Decred project. His involvement with cryptocurrency and blockchain technology spans over more than ten years. Code written by Jake Yocom-Piatt has been used in the composition of several Bitcoin-related projects, including the creation of Lightning Network Daemon. Marco Peereboom is the chief technical officer of Company 0. He is the direct supervisor of several teams on the Decred project, including development, security, and infrastructure. Mr. Peereboom’s career includes positions in companies like Dell, where he was a Senior Architect. He has been at Company 0 for more than five years, and his involvement with the Decred project is essential for the successful launch of the cryptocurrency. What Makes Decred Unique? Decred is an innovative project because it bets on blockchain technology’s decentralized nature to prevent monopoly over voting status in the project itself. One of the main goals of the Decred protocol is to ensure that all DCR holders have the same amount of decision-making power and that large institutions cannot swing the votes in their favor. By introducing ticket-holder voting, Decred ensures that people who have enough DCR will have the opportunity to participate in votes regarding the company/token’s future and operations. Decred also created a dedicated voting platform called Politeia, which allows users to participate in votes, submit proposals and start discussions. Not only that, but to ensure those voting rights, Decred is employing a hybrid consensus mechanism, which combines both the proof-of-work (PoW) and proof-of-stake model (PoS). How Many Decred (DCR) Coins Are There in Circulation? Decred plans to issue a total of 21,000,000 tokens. Currently, about 60% of these tokens have entered circulation. Of the 21 million tokens, 8% were mined before the launch of the protocol. Half of these pre-mined coins went towards an initial airdrop, while the other half was distributed to cover costs acquired by Company 0 during the development of the protocol. The initial airdrop was designed to reward interested parties by giving them free Decred (DCR) tokens. Tokens were distributed among participants who had registered for the airdrop event beforehand. How Is the Decred Network Secured? Decred uses a hybrid PoW/PoS consensus mechanism, which combines features of the two most popular consensus models. The cryptocurrency uses proof-of-work (PoW) to mine new blocks on the blockchain; however, miners receive only 60% of the reward after a successful mining operation. The proof-of-stake (PoS) consensus is used in the voting organization, and it allows users to participate in the ticket-holder voting system. Voters employing the PoS consensus receive 30% of the block reward. The remaining 10% of block rewards are stored in the Decred Treasury. Decred hosts frequent Politeia discussions and votes on how the funds from the Decred Treasury should be spent." source: coinmarketcap
POLONIEX:DCRUSDLong
by sequentialvision
3
💡Don't miss the great buy opportunity in DCRUSDTTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (69.23). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DCRUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 74.00 TP2= @ 81.00 TP3= @ 91.10 TP4= @ 100.00 TP5= @ 110.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
💡Don't miss the great buy opportunity in DCRUSDTTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (69.23). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DCRUSDT is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Take Profits: TP1= @ 74.00 TP2= @ 81.00 TP3= @ 91.10 TP4= @ 100.00 TP5= @ 110.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
3
DCR.USDT (Y21.P1.E1).Bullish trend \ structureHi All, Another bullish formation, a uptrend, a pause for a consolidation and as we see, a bull flag of some nature, here I have a triangle of some sort with the ABCD and Point E looking completed. Yes, it would have been better to get it prior the breakout at $57 or even lower, but its still gives you plenty for the next few stages. PS. I like using the 13/50 ema x-over on the 1 hr chart as a positive indicator along with other elements. All the best, S.SAri PS. Today, I'm feeling a bit better, more coughing but no more fever.
Long
by ssari
2
DCR/BTC (Trading @ Key Support)DCR/BTC -The price has gone down to previous support at 1358 range -It fell lower but manages to get above at least -Technically, this is not good for the Bulls -But if this level will hold for the next 1-2 weeks -There is a high chance to retest the downward trendline resistance -Now, the safe way to enter this market -Is to confirm the breakout of the pattern -You can either Buy the Breakout or wait for trendline retest -The risk will be lowered and your reward will remain Higher
D
by PolarHusk