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Decred

DECRED, MASSIVE Volatility, SILVER LINING To 100% POTENTIAL!Hello, Welcome to this analysis about Decred on the 2-day timeframe perspectives. In recent times the Cryptocurrency Market moved to the south and many Cryptocurrencies developed critical bearish movements. In such phases where the future of the marker looks increasingly uncertain, it is necessary to spot the Cryptocurrencies within the market that are showing up with potential. Therefore in this case there are the anticyclical movers that are developing important formations which can convert into worthwhile setups to move forward with. In this case, I detected that Decred has recently completed the main Descending-Triangle-Formation with a Massive Breakout above the upper boundary and increasing volatility above the boundary as it is seen in my chart. Now that Decred has shown up with such an extraordinary decisive move this completed the whole formation and Decred is setting up to continue in the breakout direction. Also, Decred has this main Ascending-Trend-Line which is a crucial support and also has broken out above the 50- Moving Average which is great support now. With all these factors Decred has a great setup to continue further with and reach out to the target zones as marked in my chart. When Decred also manages to continue with a new formation in this target zone there is the possibility given that Decred continues in the Bullish-Continuation-Zone marked in green, it will be an interesting development. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
10
DECRED: THE NEXT WAVE WILL BE...Hi, i never posted about Decred but it's one of my altcoin in portfolio. Today has had a huge spike that it's impossible to not see so i want to share with you that today the volume is increased by 10x, from 6million to 60 million. But why? Well, probably because in 3 week block rewards will change, so let's see if this help the price to rise or not. If not Dcr will follow other altcoin and Btc below it's ciano line, otherwise if rise above the red, not now but in the coming weeks, well will be very interesting.
BINANCE:DCRUSD
by yellow_ag
Decred Is Trying To RecoverDecred (DCRBTC) hit a low on the 13-Dec. Ever since, it has been fighting to go up, trying to recover. When we compare the low set on 13-Dec. 2021 to November/October 2020, we have a strong and clear higher low. We've seen some rejections as prices try to move up, right below the gray EMA200 line. But, currently, prices are trading above EMA50 and the pressure is upward. As long as prices remain above the 13-Dec. low, we are bullish and following the small green arrow. If this support is broken we will need additional correction, plus consolidation before the next bullish move can take place. We are already seeing some Altcoins moving. We have a recent higher low (10Jan. vs 13Dec.) We also have bullish indicators. The potential is there for a change of trend. If you decide to trade, remember to plan ahead and use a stop-loss. Namaste.
Long
by AlanSantana
1