DCRBTC trade ideas
DCR/BTC- Bullish PlayDecreed is a slow mover. Price has broken a downward resistance trendline and has made a HH than the previous. There fore my bias is now bullish on this coin until price action tells me it's not.
Buy on the retest of the red resistance line 0.006627 (ish) on a lower time frame and take 1/2 off the table at the first target. Then hold till the 2nd target its reached skimming 25% off the table then hold the rest. You have covered your risk and pocketed some money.
DCR Another tour in Bullish trendDCR
from the summit to low, are gained profit from DCR about 145 % until this moment and still active, but when DCR Start real bullish movement?
This is answer simple and clear, just close 0.00725947 u can say yes uptrend confirm.
what about now?
you full free to buy it just follow capital management we have an open trade from 0.0033 and this signal number 3 for DCR.
Targets.
(1) 0.00725947
(2) 0.01028257
(3) 0.01622260
Stop limit
0.00285735
Tax for lazy
-you join late with risk about 40% if you follow us from the beginning u are in safe point signal number 3 active from 0.033
-Risk/Reward for lazy traders
40 % / 230%
-Risk/ Reward for active traders
14% / 385%
be active and keep your eye on updates.
Tip of the Day.
Do not take your decision and you are angry, anger may destroy everything.
Capital management is recommended.
we ask Allah reconcile and repay.
previous analysis
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