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DCRBTC trade ideas

DCR inverted H&S possibleI don't recommend shorting this at all, I'm still holding. But here's what I think we're looking at in the next few days to a week. Once we hit .018 we may even try to complete a mirrored pattern and retest the ATH again at .021. Who knows. If you're looking for a good time to buy, wait until the D.M.I. compresses a little more: this is the true indicator of when to go long. It could be at the bottom of the right shoulder, but we may just go sideways until the pump. Also, remember the crypto-currency history will be made in 3-4 days when Decred hard forks by community vote. Man governs by math now.
by mychartslie
10
DCR guess and why I'm taking a needed break.This is a completely educated guess. With everyone calling shorts on Bitcoin, and a hard fork with Mother Bitcoin becoming more and more likely, most, if not all alts, just aren't ready to stand up tall and confident in the world without their mommy holding their hand. Even though Decred and some others' tech is far superior, the markets do have seasons, and we may be at the cusp of a bear market. Or...maybe not. This could all blow over in a month. But I'm out for now. I've got some nice gains this year. However my greed has caused me to lose a lot of money because...just one more dollar. It's time for me to take a break for awhile and come back in the game once I've processed my trading mistakes. I'm not making well-informed, rational trades anymore. I've been trying to make my money back...in a bear market lol. Two things will cause me to re-enter the market: 1) A strong breakout of BTC, probably based on real events like UASF/Segwit2X success, or 2) when BTC and other alts take a heavy, painful dip, and I mean $1300-1800/BTC. Either way, I'm still in profit from when I started, and I'll re-enter when I'm confident again, just like when I started. Good luck to everyone.
by mychartslie
Decred on Godmode: An UpdateBecause of Bitcoin's recent uncertainty, Decred, along with many others, broke their long term trend line. This seems like a bad indicator overall, maybe even a hint at a bear market. But I'm super bullish on Decred, and here's why- 1. Decred will have a hard fork in 6ish days, but it will make history as this is the first ever main net fork implemented by an on-chain governance structure. A first in crypto-currency history. 2. Any time now, and I mean ANYTIME NOW, the developers will be announcing their plans for privacy, which in their words will be a "substantial departure" from what is currently in use by Monero (RingCT) and Zcash (ZNP's). I have a feeling this is going to rock the foundation of privacy in this space. The lead dev has also stated that he wants Decred to have mandatory privacy, which is the only true way for a coin to be fungible. Monero has that crown at the moment because it's awesome. But Decred has something major up it's sleeve. 3. The developers usually under-promise and over-perform. I think we'll have hardware wallets very soon, and multi-sig/LN sooner then they're leading on. 4. The supply is still super low, and half of it is locked up in POS staking. Have you seen the liquidity on this thing? It sucks. Trying to buy or sell even small amounts effects the price dramatically. 5. Charlie Lee, the legend, says Decred should be a top 10 coin. He's one of the smartest people in this space. My targets below make sense in that light. Now onto the chart- 5. I don't normally use Godmode, but I really like it. Last time the levels were this low (around 19) was right before the monster pump earlier this year. 6. I keep saying over and over, the longer DCR stays near the bottom trend line, the more the pressure builds, like squeezing a heavy coil. 7. My earlier target was .033, but because of the last point, we're easily looking at .079 now. Even crazier is .16. And then there's another possible target so high, so ridiculous that I can't even bring myself to say it. I don't know how long it will take to hit the first two targets, but it will happen. Imagine Black Friday shoppers lining up outside the doors at the mall...pressure increases...pressure increases...then BOOM the doors open, people rush in, there's blood on the floor from people toppling over each other trying to get these prized items on sale.
Long
by mychartslie
10
DECRED CALLING AFTER -100%Hi to everyone! I have not published a chart for a long time, but they were moved days and did not give me time. After all that happened these days, without exception of anything, the crypto massacre stained red all over the market. Nor was it saved DCR that performed a retracement of -100% post pump, giving as possible the two possible entries. Not to lose sight of when the ETH is moving, because it takes all the looks (volume) and can leave us trapped in DCR and all other alts. It is only enough to look at its volume and buy it against the second, in all exchanges. As always: thanks to the followers, likes and kepp strong and bullish!
Long
by AndresThomasShirakawa
11