Long
DCRBTC Analysis
Updated
BINANCE:DCRBTC Looks to have bottomed here. As long as this 1950 area holds on the daily I think this has some serious potential to reach a true wave 3 target. Above 2224 is a nice start I'd like to see. Some bearish div on the RSI daily suggests some more sideways or consolidation. A break above 2224 is what I really want to see to jump in, though I don't mind building a small position around CMP where we are. This is extremely speculative at this point, but with alts looking to run it's important to target the ones that are already in consolidation, not the ones that are up 70% in the last week. As always with alts - trade small. They are really volatile even when going up.
Note
Really picked up momentum and volume. Has pushed into an area it needs to break with some conviction (24-2500).Note
Most alts look about the same minus XTZ. DCR is simple. A close below that mid 1900 range on the daily will probably lead to price discovery. If it can manage to break the blue trend line than it should make it's way back into the mid 2000's maybe even back to 3000. The really bullish scenario is to breakout of 3000. 
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