Dcr
DCR/BTC - All Technicals Point to Upward MovementThe KC was perforated by a violent move, the old resistance of the downward channel seems to have become support.
Given that the new Privacy features have just been released and given the increase presence on social media etc., I would advise all to keep an eye on this one.
DCR/BTC BREAKING out of the long-term downward channelFUNDAMENTALS:
DCR released its PRIVACY recently: twitter.com
Which is major news, it means that ZCash and Monero have a new competitor now.
But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance.
They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems.
TECHNICALS
What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart.
This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed
Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it
DCRBTC hit the support of pennant | Upto 359% potential tradePriceline of Decred Decred (DCR) / Bitcoin cryptocurrency is moving withina pennant since June 2017.
Within the pennant the price action formed head & shoulder pattern and pushed the price action to the support.
Now after hitting the support of the pennant and bollinger bands the MACD is turning bullish and RSI entered in oversold zone.
The sell volume is also decreased and volume profile is showing less interest of cryptocurrency trading below the support.
I have defined the sell targets using Fibonacci sequence from last highest upto the support of the pennant rather than from the tail upto the support for secure targets but the price action can even go higher than the targets I have defined.
Sell between:
Sell between: 0.00725349 to 0.01208048
Regards,
Atif Akbar (moon333)
DCR 4hit looks interesting and I think it is worth to try because of the rate of risk is very low.
stop level under 0.0027 sats.
Buy DCRBNB from BinanceDISCLAIMER :- This is not a financial advice.
Buy DCRBNB from Binance right now and place stop loss at 0.926 and as per 1:2 RISK-REWARD ratio, exit the position at 1.031 or at whichever price you like to. :)
Remember, always risk only 1% of your capital.
Trail stop loss once the price goes up, because it is a low market cap coin, it can be pumped/dumped within mins.
Happy Trading :)
If you have any questions/doubts, feel free to comment below.
RSI VERY OVERSOLD on BTC/DCR? Incoming Massive Run Up?Decred on the weekly BTC/USD has massively undersold RSI.
Same levels as back in Dec 2016 before the beginning of a massive run-up.
I wouldn't underestimate the one.
$DCR, Looking for a .0032(10%) resistance retest$DCR / $BTC
Looking for a .0032(10%) resistance retest as 1st target as it bounces from support..
Volume slowly building to the bull side..
UCTS Buy signal on the 1D chart
#DCR
BTC-DCR Decred- Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2018 ( 1 / 10 )
Volume 24 H : 1500 BTC ( 5 / 10 )
Available Markets* ( 7 / 10 )
Social Media Rate ( 6 / 10 )
Ranks ** - 26 ( 8 / 10 )
Website ( 5 / 10 )
Type Enabling users to issue tokens on a secure and decentralized blockchain.
Overall ( 6 /10 )
The volume is not bad.
As long as Decred is above the trendline , you are safe .
The best place to buy at the trendline or around 0.0062.
If the Yellow line ( MA 50 ) above Blue line ( MA 100 ) , We confirm the bullish trend.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
DCRBNB - Long opportunityI love it when i find a chart with the key trend ema's all bunched up tight just below the price action, it seems to give a huge amount of support.
these are bunched as support on the 4h and 1h.
$DCR Showing some volume & recovery from support at $BTC slows..$DCR Showing some volume and recovery from support at $BTC slows down...
It could be a good opportunity for a shor term trade
#DCR
DRCBTC Is it a dream come true? Is it Near to break a bullish triple bottom pattern? MACD is positive from 2 days and I can see a bullish pattern on 2-4 hours frameset.
4hr DCR - Holding support (for now)TTM squeezing on the daily with momentum up
Holding support, hopefully it can breakout of the range, target is in the chart
Decred (DCR) Primed for Trend Reversal, LONG PositionLooking at the long term log chart for Decred/BTC, what do we see?
We see that we're now touching a line that has been touched 4 times now, so it has a strong "magnetic pull" both + and -, we're bouncing off of that line now
We see that if now is the time of reversal, a possible target before retracement is the previous ~0.018 BTC ATH
DCR fundamentals (development, characteristics) should position it as a top 10 crypto in the future, because of its unique hybrid design
Moreover, "staking-as-a-service" seems to be gaining traction (Coinbase, Staking.us, etc.) and DCR could lead that trend
If you observe popular crypto personalities and traders, many like Murad Mahmudov begin speaking about Decred as the only competition to BTC
This is a unique chance to catch DCR before it gets big.
DECRED is attemting trend reversal$DCR #DECRED
Portfolio Profit Potential: 25-90%
Risk Reward: 5:1
Target 1: 0.004150 (25%)
Target 2: 0.005076 (55%)
Target 3: 0.006193 (90%)
This Trade is High Risk & may take 4-6 Weeks to mature
Recommended Risk: 3%
Decred/Bitcoin potential daily bull div Nearing decision point for Decred. Not going to look good if it goes below .003, but decent set up to buy support with a daily div like this for now.
$DCRDCR could be ready to start a run. Alt moves may be selective and this is one that looks to have bottomed
Someone is buying your dcr with 205% off (:Decred top 1 in decentralized governance, has LN already in mainnet, atomicswap, DEX, etc
$DCR Trying to flip (R/S) on the USDT at around 27$...$DCR Trying to flip (R/S) on the USDT at around 27$...
UCTS printed a buy signal on the 1D..
RSI got rejected at overbought levels but for now is holding above support
Volume increased over the last 2 days
Crossing above 29,74$ (fib level) can act as confirmation
#DCR
DCR DecredBTC IS Ready For Breakout Above Aprils High 50% PPBINANCE:DCRBTC Is showing strong momentum and Increased
RSI
Buying Volume
DCR is ready to breakout with 50% Profit Potential from Now the green candle pattern has already formed and we already have broken April's low now its time to watch the show for Bull run.
About the Chart
I have highlighted 3 Targets using 3 different color of lines and giving 2 of them names like A and B whilst i have also highlighted the possible drop-zone in case of not being able to find desired support .The resistance is marked with black 2 faced arrow.
we still need some more volume to hit 5700
I hope you liked this chart.
i will keep you guys updated .
Never forget to use stop loss.
Sometimes you earn the other times you learn.
Never put all your Money in one bag .
happy trading
