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
Dcrusdt
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.
