Any crypto cannot be better than DCRnews : atomic swap DCR <-> BTC
technical analysis
: Other than this indication, According to my additional analysis, DCR is now trying to above neutral stage, meaning that it starts to sit on the launchpad.
Some possibilities - It could be flare again to revive altcoin market just like Jan. 2017. (Check DCR chart in 2017 Jan through late spring.)
recommend this coin as hodl coin throughout 4Q, as long as it's uptrend will be broken.
DCRBTC trade ideas
DCR in a good accumulation zoneDCR has been praised by many as well as having an amazing governance model and solid team. We really need to look at this Bitcoin rise as a blessing for giving us optimal entries for certain alts in the future. Decred is approaching the classic 0.883 retracement as well as very likely to respect a prior top from February as shown in the chart. Any price here or below will be amazing entries once we begin to look in hindsight and I would consider to begin to build longs here as ultimate bottoms are impossible to predict due to liquidity issues as well as no one can tell how strong the emotions people will feel here as they continue to sell here for massive losses. Crypto is a game of deception and if they continue to fill orders here or below, count your blessings and take it, just continue to average yourself in micro-buys and buy people's fear.
$DCR | Ascending triangle and Elliott waves ($btc $crypto)DCR is moving inside a ascending triangle which it should be able to break out of shortly. This will kick off the second impulse wave, perhaps to the 1.618 Fib-extension. After a bounce the third wave could take us to about 1M satoshis, indicated by the confluence of multiple signals.
DCR the failed golden childOnce again the same classic crypto story being told here. DCR was praised by many, including Charlie Lee as being the Golden child of crypto with its "governance". The market doesn't care, it just wants to make money and that can only happen with loss. DCR is bleeding out as people fight the trend, expect it to go into the prior consolidation belt, which once again is the 0.883 classic crypto retracement. These markets are just too predictable at this point...
Decred still bearish for short termDecred dropped below the cloud, breaking the smaller upward trend (yelllow-dot line) and is now heading to the bottom of the main bullish trend channel.
Signals for a drop are:
1. Price is below the cloud
2. Conversion line dropped below base line
3. MACD is pointing downwards
RSI signals a highly oversold market.