$DCR Toward next Fib level?Expecting a little move after Elliot impulse waves to test next fib level and see what happens
Dcr
long on #1 coin in governance DCRAscending triangle - should be near the bottom of the channel depending on which one plays out : Higher lows + flat top. Had highest close today with H printing on volume for significant volume. Might get another low, might not, but I added to my long on the pullback after the high. Top of channel should be around $40 near S4 on monthly as ultimate target. This would be wave 5 as we already had 2 impulses up.
Fundamentals:
Market cap is only 87m for a very well respected proof of activity coin based on concept by litecoin lead dev - plenty of upward room left. Here the litoshi introducing them for their speech - www.youtube.com
I would estimate the ideal market cap for this coin at this point around 200-400 m if the next few major votes and forks the votes enforce on protocol level go off without a hitch
roadmap for this year is nuts: Lightning network + segwit, voting, staking, smart contracts, unknown privacy method (fingers crossed for mimblewimble) blog.decred.org
Tezos ICO and announcement of EOS this month as well as eth dev centralization issues and btc/ltc issues with miners is bringing attention to experimental governance coins, especially DCR I think, but also lesser known ones like bitshares/steem that innovated on the dpos scheme. However in no existing coins is the governance as built in to prevent lead developers from having too much power and going against community like with eth self-bailout disaster, but also to allow innovation to occur securely to avoid miners with too much power.
I used to hate lock up periods for any coins PoS staking, but after listening to interview with dan larimer he explained it's done that way to prevent people from buying tokens just to destroy a cryptocurrency, as they would have to stick around and suffer the consequences of their voting financially. 1 month or so lock up for voting tickets now seems more reasonable to me.
This is a very exciting project to me personally. Long term with well done governance and checks and balances, you can build enormous amount of complexity on a solid foundation like this.
DCR to the Moon - DECRED LongHello All,
Please see my chart, i got onto this one a bit late, but still lots of room to go up. The three TPs are marked clearly. DCR is about to get Anon transactions, LN and has already completed a successful atomic chain swap with litecoin (which they developed). Overall very bullish and a rare gem.
DCR Bull - Breakout falling wedgeDCR broke out of falling wedge now testing support which was previous resistance.
Expecting a rise here around 0.012.
Also a lots of good news coming out for DCR in the near future.
Check twitter and news from Decred.
DCR - *new - All Time High ?! - Public Proposal System - Introduction of the first censorship-resistant and blockchain-anchored public proposal system, which empowers users to submit their own projects to Decred for self-funding from the project's block subsidy.
- Stakeholder-directed DAO - Convert Decred into a stakeholder-directed distributed autonomous organization (DAO), whereby users are given further control of development funds through voting.
- Lightning Network - Add Lightning Network support to Decred. The two projects' respective lead developers work closely together - lnd and Decred are based on btcsuite, which was also developed by Decred's own developers.3
- Enhanced User Privacy - Highly anticipated project within Decred likely to attract widespread attention.
$DCR Sleeping Monster! Possibly New ATH? Very strong uptrend!Decred has an incredibly strong uptrend on a 12h chart. I don't want to be overly optimistic, but we may see a new all-time high in the next few weeks. People are too focused on cryptocurrencies with huge market cap.
Bull Flag DCRAt the moment Decred is a bit undervalued. Their marketing is doing an extremely good job promoting as well . We can see that from the bull flag that formed when it reached its lower levels.
Decred should go at least 30% up in the next few weeks before stopping its bull run.
DCR Short Signal within 1-2 DaysDCR on Bittrex
Buy Now 0.00625-635
Sale Target 0.00687-695
StopLoss 0.00612500
Profit 10% within few hours to max 2 days.
Decred possible trand reversal.Decred has been bearish for a little over a month now and its at a 3 month support level.
DCR head and shouldersHey everybody,
After this head and shoulders DRC is still on a downtrend it will continue to fall (confirmation on MACD indicator)
Thank you,
Cryptoz
DCR to the moon???Hey everybody,
On this chart you can see the formation of a double bottom. If it breaks the 0.094 after that there will be the breakout.
You can see on the first part of this double bottom the volume was low and on second part it's increase, that's another sign it can moon.
Also you can see on the MACD the reversal is on it's way...
Please let me know what you think
Thank you,
Cryptoz
DCR bottom?Decred finding support at the green trend line after dumping. Price range contracting and forming a triangle, triangles are powerful in crypto. Illuminati confirmed and Rothschild buying into BTC. Only one way possible, and that is up. Obvious sarcasm is obvious I hope. Targets are in yellow, the highest target is a bit of a stretch tho. Aim for the first two areas. Do not let a winner turn into a loser because of greed, that is very painful! One final note, I was experimenting a lot and tried all kinds of indicators. Easy to get blinded, price is the only thing that matters. It is always right, so either you are wrong or right. If you're wrong change your mind and if you're right wait until you're wrong again and reconsider. It is easier to change your mind than to change price - and cheaper, too. Keep it simple and find a system that you can follow.
DCR Updated - 7.26.17A small update on my first chart idea. Unfortunately, BTCUSD taking a dump killed our momentum and dropped us below the trendline. We seem to be making a small recovery, with strong support around 0.0091 BTC.
Keeping an eye on it, could have a nice E2E trade on the 4HR, should lead to a bullish TK cross (albeit it'd like be inside the cloud = neutral signal) and my target is the 0.5 fib level :)
Hoping to reflect on this in a couple of days and see where it goes.
Best of luck!
DCRBTC - Potential Leg Up 7.24.17Potential leg up coming for DCRBTC. Strong support around 0.0104 - little resistance on the sell side up until ~0.0112. Failing to break this wall could lead to a small retrace, but not for long IMO. Nice possible E2E trade in the cloud on the 4H chart - target there would be 0.0123.
