DECRED WILL OUTPERFORM MOST CRYPTOS IN 2021Hey.
Not gonna go deep into this. I was studying cycles, patterns, fractals a lot in 2020, and now that cryptocurrencies are heating up, I see this scenario on $DCR.
There are many other good cryptos that will do well, but this coin should be in top 5 if not 1st place by the gains that it will create for investors. TARGETS : $ 1700 / $3700
Do what you think is best with this fractal and information, this is not a financial advice.
Enjoy 2021, God bless!
Decred
DCR/USD wyckoff accumulation on lower time frameDecred's USD pair is completing another wyckoff accumulation right now. Don't miss the boat.
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.
Decred (DCR) This Is It, This Might Be The Good One! (20%/70%)DCRBTC (Decred) has been staying above EMA300 for several days now and bullish momentum is building up... This is it, this might be the good one.
There have been multiple attempts at higher prices with little success but now that EMA300 is a thing of the past, a level that has been challenged since early December finally breaks, we can see a strong impulse move takes place.
We can easily see 20%+ from the current price...
And 70%+ in just a few days.
The targets are marked on the chart.
Wishing you great profits, health, wealth, & success.
This is Alan Masters.
Namaste.
DCRBTC - Update with Better Trend Lines and ChannelsNot advice - I'm a noob practicing. Looks like a clear path forward - could break downwards but everything else appears bullish - 100%+ gains
[DCRBTC] Decred Trading Above 200 MA - Ready to POP?DYOR - I'm a noob practicing TA - not investment advice.
In my opinion - this looks like one of the most promising altcoin charts vs BTC.
Trading sideway for 2+ week - squeezing into this long term wedge with a long term downtrend.
McGinley Dynamic also confirms this uptrend since November and staying strong.
Wish I had turned on my trading bot on this pair the last 2 weeks - the steady sideways movement means a big move is coming.
Targets:
.002200 sats
.002800 sats
Keep 10% of your holdings for long-term, potential for really nice profits.
Decred ready to melt faces.Decred broke out of the descending channel, and is now ready to move higher against BTC.
Decred Continues Strong Since NovemberDecred (DCRBTC) continues to be strong ever since the November low was hit.
We've been having very solid consolidation near resistance while other altcoins continue to crash and hit lower.
This one remained stable while Bitcoin continued to grow.
This is a good signal.
Here is the previous analysis from early December (sideways = strength)
And from early November:
This one is likely to resume growing and print a higher high soon.
Thanks a lot for reading.
Namaste.
Seems like Decred formed resistance below the 140-level Over the past 2 weeks volume profile changed into more stable support base with resistance; revealing force pushing at 131-125 back to 140.
Resistance is weak, bears in controlStart heading towards center of monthly volume at 109
Considering possible scenario to smash into the 0.00090 level.
Bears close their shorts, but the descending mass is too heavyPossible break through at 127 down to 110
low time frame trading rangeDecred has managed to form a trading range which makes me much less bearish than before. As long as we can remain in this trading range there's a setup for an end-to-end to pop us back into the 0.0017's.
Falling wedge into trend reversalHere's an update on that falling wedge I posted earlier about. Looks like it head faked down and then reversed back up to confirm the breakout, sending us into a short term trend reversal.
$DCR $DCRBTC #decred
Falling wedge to inverse H&S in playDecred has had a drawn out retracement almost back to the starting line. It's currently forming a descending wedge which could be set up for a reversal. The setup would be a breakout of the falling wedge forming the right shoulder of an inverse H&S setup which would propel us back to retest local highs.
DECRED/$USD +112% SINCE 12 NOVEMBER ENTRYDecred awoke from its slumber at the beginning of November. Perhaps Halloween jolted it to life.
We went long DCR/$USD on 12 November and are +112%. Decred is something we are interested in long term. We will be looking out for a short term correction however as the price has more than doubled in 3 weeks.
Both Stochastics and the RSI suggest we are in overbought territory but the MACD has yet to confirm this.
Decred is also trending V BTC.