DCRUSDT trade ideas
DECRED (DCRUSDT) EXPECTED RETURN 70%+ NEXT 2 WEEKSHello everyone,
this is my 8th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of DCRUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 3H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 9 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell. Now if you look at the chart you will find DCRUSDT is just getting out of the compressed mode and you will see that it has very strong long-term trend, it doubles on average every 40 days (I usually use average logarithmic return to reach this result, however I use different parameters depending on the asset) which means that you are buying a very strong crypto-asset close to its fair price, also its worth mentioning that DCRUSDT has relatively very low volatility compared to other crypto-assets. actually, there's only a few other crypto-assets that combine low volatility and high return that's why I consider this small group the crown jewels of the crypto market.
with all that said my conclusion is that DCRUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them or you can just tip me through my DCR wallet address bellow:
DsUsoto3XQ27pHbmH7AkQff4VPqPUzFykAL
thanks
Mustafa
DCRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is out of the triangle and Pulbecky is at the top of the triangle and is starting to rise. We plan to touch our targets today.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
DCR ( Decred ) Ysdt - 4H ✅ As You May Know , Decred Token ( DCR ) Set A New ATH For Now , And if it Stays Above it , The Rally will Start and High Tp Points will be Achieved ..
⚠️ So I think you should have in your Portfolio Or at least on your Watchlist ..
☑️ Thank You & be the One Who Catch The Profit 🤑 😉 BINANCE:DCRUSDT
300 for DCR?YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
💡Don't miss the great buy opportunity in DCRUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (69.23).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DCRUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 74.00
TP2= @ 81.00
TP3= @ 91.10
TP4= @ 100.00
TP5= @ 110.00
SL= Break below S2
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in DCRUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (69.23).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DCRUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 74.00
TP2= @ 81.00
TP3= @ 91.10
TP4= @ 100.00
TP5= @ 110.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️