DRCUSDT possible buy scenarioThis chart explains my bias about DRCUSDT buy analysis. If the monthly candle closes bullish, then we go bullish
DCRUSDT trade ideas
DCR LONG POSITION
#Dcrusdt
#Dcr
#Longposition
#Profit
#Profitable
#Btc
#Usdt
Based On Market Structure We Conduct A Long Position From This Liquidity Levels
Entry: 13.11 - 12.92
Take Profit: 16.09
Stop Loss: 12.67
Advisor Legal:
Recommend Capital Allocation:
Open P&L: 1.39
Risk/ Ratio: 6.48
#Decred #DCR #DCRUSDT #cryptotrading #longposition
Decred (DCR) Technical Analysis - Long Position Update
Based on the current market structure, I have decided to hold my existing long position on DCRUSDT. This trade was entered between $13.11 - $12.92 as described in my previous analyses.
The trade now has an open profit/loss of 1.39% and a highly favorable risk/reward ratio of 6.48. This means the potential upside is over 6 times greater than the risk on the trade.
My take profit target remains at $16.09, just below a key resistance level. I will look to book partial profits at $15.50 and trail the rest.
The stop loss is still in place at $12.67 which allows room for normal price fluctuations while limiting downside risk.
I will continue holding this low-risk, high-reward long position as long as the bullish structure remains intact. Signs of a trend reversal would be a break back below $13.
As always, proper capital allocation is key. I have limited my position size to 5% of capital to align with my risk management strategy. Strict risk control is vital for long-term trading success and profitability.
Overall, I remain bullish on DCRUSDT and expect further upside from this profitable long position. I will post updates as the trade progresses. Let's see how high Decred can run!
DECRED SHORT POSITION#Decred #DCR #CryptoTrading #short #winningtrades #winning #btc #usdt #binance
Based on the current market structure, we have decided to open a short position for the short term.
My custom indicators using advanced Coinmasters scripts and institutional analysis have identified a strong short opportunity.
For this reason, we are entering a short position with the following parameters:
Risk/Reward Ratio: 2.32
Short Position Entry: 14.80
Stop Loss: 15.20
Take Profit: 13.11
Fundamental Analysis:
Decred is a blockchain-based cryptocurrency focused on community governance, open input, and sustainable funding for development. It uses a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) system for consensus and security.
Some key aspects of Decred:
Launched in 2016 with an airdrop and premine to bootstrap the PoS network and compensate developers.
On-chain governance through PoS voter tickets approving blocks since 2016.
Politeia launched in 2018 for off-chain proposal discussion/voting.
Upgrades approved through stakeholder votes, putting sovereignty in the hands of the community.
Hybrid PoW/PoS is considered more secure and fairer than pure PoW systems.
Built on btcsuite codebase but is a standalone cryptocurrency, not a Bitcoin fork.
Innovative features like Lightning Network, atomic swaps, DEX, and more.
After this short-term short, we expect a strong upside move and will look to go long. #Decred #CryptoTrading
✴️ Decred Simple Signals | Basics But Strong (8 Years Ago...)These signals we are going to look at on this chart are quite simple and basic at the same time.
It is always a mixture of multiple chart reading systems.
We start with the downtrend line.
We are looking at Decred (DCRUSDT) on the weekly timeframe.
This week Decred is breaking a major downtrend as it moves above EMA10 and EMA21.
The main signal is the broken downtrend but adding the moving averages can give it additional strength. You can see many instances throughout the bear market when Decred moves above EMA10/21 yet the downtrend remains unbroken.
Together with the broken downtrend and three sessions green, we have a Doji on the 16-October session.
A Doji in this position works as a reversal signal and the action that ensues confirms it.
Buy volume is predominant throughout the downtrend, accumulation is taking place.
To all this we will add a bullish Bitcoin, higher prices in more than 17 months and a booming Altcoins market.
This mixture will lead to a massive bullish phase, one we have not seen in about 6/8 years...
Namaste.
DCRUSDT - In Bullish TrendThe pair has printed a series of HHs and HLs without any divergence or sign of reversal. It looks like it will continue the upward trend.
DCRUSDT 2DBuying some #DCR for mid-term targets. Send it if we do break out the resistance zone (middle line of Bollinger Bands + 0.786 Fibo level)
DCR showing a very impressive investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1180 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
DCRUSDTNeeds a breakout from this longterm resistant line
And after breakout you can have a huge profit
Buy with correction and be patiant more
Watch btc movement
NFA
DYOR
EMA20 about to cross EMA50 on DCR-USDT, bullishHistorically every time EMA20 crossed EMA50 on this chart, a violent upswing happened, testing the EMA200. If EMA200 is crossed, violent moves up to +100% are likely, otherwise rejection back to EMA50.
However, given that EMA200 is so close this time, a breakout is becoming more likely.
Closely watching this situation that should resolve in a day or two
Potentially very bullish
$DCR approaching a crucial point both vs USDT and vs BTCcheck my other more important chart (DCR/BTC) this one is less important in my opinion, but it shows the same, in July we have a reckoning moment where DCR will have to decide what to do with its long-term downtrend... very exciting times ahead especially considering DCR will have a vote to reduce the supply to miners (less selling pressure)
Dcr Getting Ready for Solid Recovery Seems Like Getting Ready For Solid Recovery Formed Falling Wedge In 3 Days tf Incase Of breakout expecting 220 to 250% bullish Wave In Midterm
#DCR/USDT - Long - Potential 12.11%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_DCR
Exchange: BINANCE
Timeframe: 360
TP1: 21.37
Entry: 19.14
STOP: 16.91
Entry Conditions:
| Trendline
| Volume
| CDV resistance break
Dcr Looking Good For Midterm Seems Like Has already bottomed out Formed Falling Wedge In Htfs Expecting Massive Breakout Soon & Incase Of Breakout Expecting 200 - 220% Bullish Wave
$Dcr prediction! 30%+ short to mid term.Something happening with DCR! Volume never lies. It seems like it is still early stages for a wider bull action. As soon as Btc stabilizes itself we may see sudden rage with this one! Some possible future partnerships are pending. So do some research.
buy 17.54$buy 17.54$
and let it
take profit when u had enough
targets there
and there is higher u can get 10x
DCRUSDT 31.65% ✅#DCRUSDT
Target 1️⃣ : done✅
Entry price: 21.8$✅
Price reached : 28.7$ ✅
Profit: 31.65% ✅🚀🚀🤑
DCRUSDT Trading opportunityDCRUSDT has achieved a double bottom pattern and has since experienced a bounce, indicating a potential trend reversal. The double bottom pattern is a bullish reversal pattern, and the bounce suggests that buyers are entering the market.
Important Level to watch are:
Resistance: $33 and $58
Support: $17
If the trend continues, we could potentially see further price increases for DCRUSDT. However, it's important to monitor the price closely for any potential retracements or trend reversals.
Do make sure to appreciate our effort with your likes. Remember to follow us for latest update and do join our live trading update. As always, it's important to conduct your own research and analysis before making any trades, and to never risk more than you can afford to lose.
DCRUSDT | SETUPDECRED has been trading in a bearish trend .
The bearish trend was well respected by price trading under the resistance .
The price has been making lower lows and lower highs.
Now after taking support from horizontal zone, the price has broken above the resistance zone .
The bulls can take control from here. While bears will b only active below the break of support
Manage your levels accordingly.
DCRUSDT#DCRUSDT
in daily chart time-frame we have powerful support zone in 06/2022 price flew from this powerful support zone to 231% i expect will make little dump and pump again will pump following Bitcoin ( BTCUSD ) dont's miss up this opportunity buy and hold it to the next targets at the chart RSI showing bullish EMAs showing a bullish move MACD is neutral Ichimoku cloud is bullish Accumulation distribution is neutral ZELMA is showing uptrend-move Parabolic SAR is bullish Fib retracement is neutral Awesome oscillator is showing bullish
Decred Can Do 333% On The Next WaveSmaller Altcoins tend to grow bigger and faster than the large cap. ones.
Here we have Decred (DCRUSDT) with multiple bullish signals.
- Yesterday an inverted hammer was printed on high volume. Two signals in one.
- Today, prices stand above the June low as well as EMA10. Two more bullish signals in one place.
We are seeing a consolidation range before the breakout...
So a bullish breakout is expected next.
As I mentioned in the Cardano trade idea, very low risk with very high potential for rewards. The best posssible type of chart setup.
Namaste.
