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Decent

DECENT Prints Bull Run Size Volume Bar (What Next?) 14,400%+ PPDECENT (DCTBTC) just printed the biggest volume bar ever on the daily timeframe and the highest volume on the weekly since the 2017 bull market bull run... What will happen next? Below you can find the weekly chart for DCTBTC: Here we can notice that prices went flat while trading at All-Time Lows and now, after moving above EMA10, lots of buying printing a big volume bar and prices starting to gain momentum up. The weekly/long-term chart can give you a better perspective and tells us that this is only the beginning... Once you hit bottom, the only place left to go is UP! (I added fib. targets for those experienced reading charts). Namaste.
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by AlanSantana
DCTBTC Decision timeDCT forming possible long-term symmetrical triangle with perfect three touches on resistance and two touches on diagonal support so far. 0.786 fib level did not hold and price is currently near the weekly horizontal support 1 and diagonal support at ~6000. Bounce from support in few days (red arrow) would confirm the triangle and price might go to resistance line 0.236 fib at ~9400, 50% profit. In case this significant support will be invalidated (RSI not fully oversold, below EMA`s) this could send price to weekly support 2 or in the worst scenario to full retrace level support 3 (probably depends on BTCUSD action). Interesting to watch in next few days. For educational purposes only! Would welcome your feedback and comments. Thanks
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by eddiie42
Decent Corrective Wave UpDecent has formed the low at $0.285 where it has rejected the 3/1 Gann Fan trendline. Price has almost reached, but not touched, the 161.8% Fibs applied to the last corrective wave up. Possibly DCT/USD is getting ready for a correctional move upwards, but yet, it could still go back down to $0.28 to form a double bottom and test the 161.8% Fibs at $0.282. As long as price stays above $0.28 correction upwards has high probability and could send price up to $0.43 area, that is confirmed by the 50% Fibonacci retracement level and 8/1 Gann Fan. This is a key resistance area, that should give information whether Decent is only correcting or reversing to the upside. Break above that level should result in a much stronger growth, while rejection might result in a downtrend continuation.
DLong
by CryptoPAMM
DECENT BUYING OPPORTUNITYDecent was on a downward trend since May after the bitcoin short term crisis. It is showing some progress on the 4 hour chart. The 1D chart is already in a falling wedge but needs to breakout the resistance line and need to close above. Its on its lowest point and doesn't look like that it is going to go down anymore. RSI seems in its lowest too but a reversal is expected. Besides that MACD may create a downward cross. A buy opportunity is shown if it closes above the resistance around 4600 sats - 5000 sats. But do consider to invest in small amount partially. Buy Zone : 4600sats -4900 sats Investment Duration : Mid/Long Possible Targets Target 1 : 6690 sats Target 2 : 8011 sats Target 3 : 9078 sats Target 4 : 10145 sats Target 5 : 11665 sats Target 6 : 13600 sats Stop Loss : 3918 sats Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
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by cryptotalk_et
Decent VS Bitcoin - Ascending Channel PatternDecent found the bottom at 3200 satoshi where it formed a double bottom. Price then rallied upwards testing 24k satoshi, resulting in a 640% growth in just under two weeks.  The following corrective wave down brought price down to 11k satoshi where it found the support. There DCT/BTC rejected the ascending channel and the 200 Moving Average. It appears that from this point onwards price could continue moving higher. The first resistance is sen at 61.8% Fibonacci retracement level applied through the previous high, the second resistance is 261.8% Fibonacci retracement applied to the last corrective wave down. This makes the area between 37k and 39k satoshi makes it a key resistance area as it also corresponds to the upper trendline of the ascending channel.
DLong
by CryptoPAMM
3
Recent DECENT trend reversal followed by bullish signalsI've been clicking through all tokens traded on Bittrex today and would like to bring your attention to one coin in particular which hasn't been analyzed on tradingview in recent times. I am talking about DCT/DECENT. Fundamentals: Shit. That being taken care of, let's look at the daily chart against BTC: When the price bounced off the lower Bollinger Band two days ago an inverted hammer formed which was then confirmed by two bullish candles. Next stop EMA20. We pierced through the Ichimoku cloud on Jesus' birthday which hadn't happened in months and was followed by a two week long upwards rally to 250%. Ever since then we have been holding steadily above the cloud. It may give us support around 11k satoshi, which is confirmed by both the xmas correction and January low. As of today, the Ichimoku cloud magically changed colors. We are heading into the right direction. Another slightly bullish signal is our move past the conversion line, which also took place today. While the MACD is still in the negative, it is clearly losing momentum, hinting at a bullish crossover in the next couple of days. We need to watch out for that MACD, since it's last bullish interval of 22 days gave DCT gains of over 500% (4004 to 24598). Stoch RSI has been oversold since the recent peak and throughout the subsequent sell-off. It has just made it's move above 20 again, pointing up in a relatively steep angle and so is the RSI. ADX has been above 25 since the 100% increase we saw on Dec 27th. While it went into a downtrend after reaching the Jan 9th high, it has been losing momentum since yesterday and is unlikely to drop below 25 in the coming days. +DI and -DI are diverging with the +DI coming out on top. So far, so good. Not a single bearish signal. Two volume indicators are still remaining though. We saw both CMF and TMF cross the zero line into accumulation territory for the first time in over three months on the day the price doubled (Dec 27). Alas the CMF has now dipped back into distribution. Twiggs is still on the plus side, but only barely so, so it looks like the market is losing interest at this point. Summary There are bullish signals all over this chart, but we are still waiting for volume confirmation. If the price drops below 10.5k satoshi, I will probably leave this trade. There seems to be a resistance at 19.9k satoshi. You have to decide what to do with this information. Since I did not know the meaning of the word candle in this context as little as two months ago, it would be irresponsible to supply target and stop loss levels. You really do not want my advice. However, I would be very grateful for all criticism of my analysis or any other input for that matter. <3
DLong
by knowhatamine