DCRUSDT Trends Analysis: Setting Your Strategy for Success - ...

Updated
◳◱ On the DCR/USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 18.12 | 19.17 | 21.65 and support near 15.64 | 14.21 | 11.73. Entering trades at 18.47 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Decred
▣ Rank: 284
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: Payments - Currencies
▣ Overview: Decred is a hybrid proof-of-work proof-of-stake (PoW/PoS) cryptocurrency with a strong focus on community input, open governance, and sustainable funding for development. It utilizes its hybrid consensus and on-chain governance systems to ensure that a small group cannot dominate the flow of transactions or make changes to Decred without the input of the community. The project funds its own development from a decentralized treasury.

◰◲ Technical Metrics:
▣ Mrkt Price: 18.47 ₮
▣ 24HVol: 5,431,632.004 ₮
▣ 24H Chng: 8.903%
▣ 7-Days Chng: 14.79%
▣ 1-Month Chng: 56.86%
▣ 3-Months Chng: 66.55%

◲◰ Pivot Points - Levels:
◥ Resistance: 18.12 | 19.17 | 21.65
◢ Support: 15.64 | 14.21 | 11.73

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: 4.91
▣ Last 90D: 2.88
▣ Last 1-Y: 0.52
▣ Last 3-Y: -0.13
◲◰ Volatility:
▣ Last 30D: 0.89
▣ Last 90D: 0.68
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.03

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A

▣ In-depth DCRUSDT technical analysis on Tradingview TA page

snapshot

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◲ Disclaimer
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Trade active
The signal #DCRUSDT has reached target 2 🥳.

• 👉 Exchange: BINANCE
• 👉 Account: Spot
• 👉 Entry mode: Market order in range
• 🎯 Exit:
• ⎿ Target 4 : pending
• ⎿ Target 3 : pending
• ⎿ Target 2 : 19.45 ✅ 5.31%
• ⎿ Target 1 : 19.12 ✅ 3.52%
• 💰 Entry: 18.47 ⌁ 18.47
• ⎿ Current market price: 19.48
• 🚫 Stop: 15.7 (-15%)

🤖 This signal is monitored by anny.trade
Chart PatternscryptocurrenciescryptotradingdcrdcrusdtdcrusdtlongTechnical Indicatorstechnical_analysistradingsignalsTrend Analysis

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