DCRBTC trade ideas
Decred waking up a bit? DCR/BTC PoloniexDecred dropped to the 0.786 Fib ratio of the previous cycle, which often ends up as a support level. We've had a higher low, which indicates the trend is going up. It looks like there might be a nice little impulse wave setting up. I don't think it's going to break any new highs, but it seems likely it will move back towards .01 BTC where there is a large area of value, and hopefully up toward the 0.382 Fib where there is another large area of value.
DCR - *new - All Time High ?! - Public Proposal System - Introduction of the first censorship-resistant and blockchain-anchored public proposal system, which empowers users to submit their own projects to Decred for self-funding from the project's block subsidy.
- Stakeholder-directed DAO - Convert Decred into a stakeholder-directed distributed autonomous organization (DAO), whereby users are given further control of development funds through voting.
- Lightning Network - Add Lightning Network support to Decred. The two projects' respective lead developers work closely together - lnd and Decred are based on btcsuite, which was also developed by Decred's own developers.3
- Enhanced User Privacy - Highly anticipated project within Decred likely to attract widespread attention.
DCRBTC possible Cup&HandleDCRBTC broke the triangle and seems forming very nice Cup & Handle formation. It could be ATH considering positive FA coming from them (lightning network, atomic swaps with LTC, new exchanges etc). In addition DCR has very low supply of coins in circulation ( aprox 5,7 mil)
DCR Ichimoku 1D analysis - Confirmation of strength Hello guys,
Here is my thought on DCR signals;
chikouspan is bellow. Which is not a bullish signal - are we going side-way for 2-3days?
Kijun-sen crossing Tenkan-sen with weak bullish signal - it's decision time. If it cross with volume it could help confirm the uptrend. It can go side way from here just to meet the chikouspan.
Red cloud is deep ahead, but it also leave a lot of room for gain. The crossing might be just perfect.
The ichimoku score is always firing up. Giving indication of a mean uptrend.
Crossing ,01 with volume is a strong signal - watch for it.
On a side note, Decred had many strong news or progress achieved in the last fews days and many more to come with the future implementation.
I have entered this trade at 0,00910. and more buy at ,0085
TP 1 : 0,0114
TP 2 : 0,0129
TP 3 : 0,0146
For longer term, I think DCR will surprise us.
Stop at ,007 , but I admit its probably not true and I will just accumulate more.
Keep in mind BTC is yet to confirm the week trend.
Good luck and safe trading!
DCR definitely going to go up! chinese coming there are some reasons:
- alt parties are back
- Lighting Network is coming within a month. Yeah I am not kidding
- one of the few coins which has strong community support.
- great devs ( bitcoin devs) + Charles Lee ( LTC 0.33% dev)
- low cap coin and low supply
-1 Day chart has broken the downtrend channel
what else do we still ask for ? join the party before it is too late
DCR had an epic pump during the beginning of this year and it has retraced significantly. Time for another incoming EPIC pump
2 hours ago
Comment: Chinese exchange Binance is going to add Decred soon. Remembered what happened to MCO when it was added :))
an hour ago
Trade active: Forgot to mention that Ledger Nano will support DCR soon
____samhuynh
DCR - Decred a MUST LONGthere are some reasons:
- alt parties are back
- Lighting Network is coming within a month. Yeah I am not kidding
- one of the few coins which has strong community support.
- great devs (bitcoin devs) + Charles Lee (LTC dev)
- low cap coin and low supply
-1 Day chart has broken the downtrend channel
what else do we still ask for ? join the party before it is too late
DCR had an epic pump during the beginning of this year and it has retraced significantly. Time for another incoming EPIC pump