Decred / BitcoinLong
DCR in a good accumulation zone
Updated
DCR 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.
Note
still in a great accumulation zone. i would for sure be scaling in here for the next cycle.
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