Dcr
$DCR 26$ resistance seems to too strong for now.... $DCR 26$ resistance seems to too strong for now....
RSI coming out from overbought levels.
Volume decreasing.
Stoch showing bearish div on the daily
If rejection get confirmed, a retest of 21$ level or EMA50/100 seems possible (and good entry).
#DCR
$DCR Potential Ascending Triangle in formation...$DCR Potential Ascending Triangle in formation...
UCTS Buy signal active
Volume slowly rising
Sitting over EMA50/100, breaking above ~4919 w volume is key
RSI rising, MACD flat
Bullish Wolfe wave on the 12h
Target on the chart... Falling below ascending trendline cancels it.
#DCR
DCR is actually a goodcoinnot so much of a shitcoin amongst so many others
this shit is actually showing super solid volume even in bittrex where noone trades. like you can even compare this to 2017 volume levels and bittrex is dead now when it used to be as hot as binance
btc wise also pretty much at historical equilibrium if that means anything
this chart lookslike one of those that could look like a flatline after this coin actually takes off never to return
Decred / BTC Long DCR is a solid shillcoin with fundamentals from the likes of Rhett. Plenty of PR from Developers.
DCR has fallen despite BTC's pump. I believe if BTC stabilizes, DCR will soon catch up.
The rsi is oversold on the 4hr time frame w/ divergence between price action and RSI, as well as on a 10 count with TD Sequential indicators.
I'm looking for my target to be hit within 5 days.
While I could probably hold out for 40 satoshis more before stepping in, I'm starting a buy at 4390.
I'm looking to cut past 4300.
My 1st target is about 4600 for a 4% gain. A little more than a 2:1 set up.
Testing the Symmetrical Triangle$DCR Testing the upper trendline of the symmetrical triangle that we charted some days ago.
Touched EMA200 on the 6h chart & bounced back, but we are still on a Buy Signal from the UCTS. MACD and RSI are OK.
Set alerts around 4965sats and wait for bigger volume confirmation #DCR
DCRBTC-3D TF AnalysisI have tried best to provide most possible scenarios in coming days
Make sure to read it carefully
Currently the price is confined in large falling wedge (which historically beaks upward in most cases) and a bear rising wedge (which historically breaks downward in most cases).
Let first read carefully the case for Falling Wedge
1. The black line is acting as a strong resistance along with the red line as short term resistance
2. The break through of black and red line with significant volume will open the doors for bulls to push the price upward
3. The yellow circle provide a confluence with falling wedge support where buyers can take more interest
4. A 3D candle close above black and red line is much more significant
The case for Rising Wedge
1. If the price fails to break falling wedge resistance, it might validate the rising wedge scenario
2. Failing to break falling wedge, the price can broke downward that can lead to next support (S2) where buyers should jump in
3. The rising wedge scenario will become invalidated with a 3D close above the red line
MY PERSONAL THOUGHTS
I am personally looking forward for the falling wedge scenario in near future
Thanks
$DCR - Bullish Break of the 50D Ema? - 1D FractalHere is a $DCR trade (fractal) I'm eyeing as $alts begin to look bullish
Its an identical looking setup that I was trading basically all through Aug-Oct.
If you want a combination of rock solid FA & TA for a project here you go
Accumulation > Breakout & retest of 50D Ema > Alt Season? (jokes)
Looking to target and capitalize on the initial breakout and any run up that follows (while being patient and not rushing any entries)
Trade safely as we're still in a bear market,
@CryptoBarTalk
Decred (DCRBTC) Trying to break channel -Bullish (+40% PP)
Decred (DCRBTC) has been trading within a descending channel since the 22nd October. We are looking now at an attempt to break this channel.
If the channel is broken, you can expect a strong move up.
- Increasing volume.
- RSI going bull.
- Challenging EMA10.
More details on chart.
Thanks a lot for reading.
Hit LIKE for more analysis and very profitable trades.
Namaste.
DCR/BTC Trading PlanTRADING STRATEGIC
BINANCE:DCRBTC
Chart Analysis:
-Chart Time frame: 1D
-Time Frame: 3D
I have been observing this coin over days, slowly but surely has been growing upward momentum, forming a ascending triangle. It also has formed several upper long wicks which can be interpreted as strong rejection or buying power vs small liquidity, meaning players are getting in to the game. another perspective of this formation can be a bearish flag. Either one, I am expecting a bullish breakout of this ascending triangle in the coming 3 -5 days but having in mind that we are in a bear market therefore I have set a tight mental stop loss.
Indicators:
-RSI: coming out from Oversold area.
-StockRSI: looking like is starting to come from oversold towards overbought.
-MA: we got some Golden Crosses at lower time frames, however we are about to get a significant golden cross in the 6H chart.
-MACD: Short EMA has crossed over Long this is a good buying signal, and Histogram is moving Upwards. Its significant because we haven't got a buy signal since beginning of November.
-TD sequential has reset from a red 9 and now start from today a green 1.
TRADE MANAGEMENT:
Trade entry: 0.005000
Stop Loss: 0.004950
-Targets:
Mercury: 0.005236
Venus: 0.005370
-Risks/Rewards:
-Risk/Reward Ratio: 6.34
Monthly candles still within the symmetric wedgeZooming out, the monthly candles are still within the symmetric wedge, but the volume just isn't there.
Decred team hired a new PR firm (Ditto), with their Proposal System. If they have have news coming out soon, perhaps the long-awaited Privacy release, it could bounce.
I remain hopeful for this project because there's many things that set it apart from the bunch, but unfortunately, the volume and price action isn't good.
We would need a catalyzing event now.
Decred Looking Very Promising One of my favorite coins in the crypto space = Decred. Built from the btcd Bitcoin node implementation, the coin was created in 2016 as an alternative option to Bitcoin. Known as the first (and one of the only) true hybrid consensus algo coins, Decred was a game changer when they first popped on the scene.
Now granted, they have not reached the same market cap as some of the more recent coins in existence, like Tezos; Decred is proven tech. We won’t get too deep into what Decred does, but let’s go ahead and take a look at the price action on the coin and see what conclusions we can come to here.
Now, at first glance, the chart above may seem a bit intimidating but let us explain:
1. The blue lines that you see on the chart above are support and resistance points.
2. If there is a blue line that is above the price, then it is a resistance point.
3. If the blue line is below where the price is, then it is a support point.
4. The red boxes are all of the different times that the price has ‘bounced’ off of one of the support/resistance points.
5. Support/resistance points are able to change at will. For example, if a price manages to cross above a resistance point, then that resistance point will become a support until the price breaks south of it once more; at which point, it would become a resistance point once again.
We made sure to put all of those points on a chart for you as well, so that you can integrate the points above with a visual a little easier:
Now let’s zoom in a bit to get a better idea of the price action on Decred $DCR
There are a few observations that we should make here:
The underlying support for Decred on the daily resolution is extraordinarily well-tested, making it an extremely reliable indicator of impending bounces for Decred’s future price action.
Of course, this is important because the price at the time of writing is currently nudging against said support line. Also, common logic and trading convention tells us that a point/zone being well-tested without the price actually breaking through is indicative of that area’s strength (in terms of support or resistance).
Therefore, we can trust this resistance with relative confidence. Especially when considering the fact that there is a support that is just a tad bit lower than where Decred is currently.
Now, let’s check on where the overhead resistance would lie at:
Relative Strength Index(14)
The RSI(14) isn’t really telling us any crazy information at this point in time, but its definitely something that’s worth paying attention to though.
Balance of Power RSI
Balance of Power RSI here is fairly ambiguous as well. What we can detect though is that there appears to be a recent increase in accumulation, which does diverge (positively) with the price action.
We outlined this most recent portion of Decred via a trendline graphic on TradingView at the end of the chart.
Everything there is to say about the Ichimoku for Decred has been said in the chart above.
So, let’s move on to the Fibonacci Levels (Fixed; Preset this time)
Fibonacci Levels
Zerononcense Reversion Ribbon V2 for Decred
Conclusion
Decred is something that could really bust out of the recent rut that its been in.
For that reason, we have a definitive R/R in mind for $DCR.
Disclaimer: This is not trading/investment advice. This idea was not created by someone that has any type of holding in Decred or any of its competitors.
Smooth BUY and SELL on DCR / 1 indicatorBuy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -6.68% -7.44% -7.44% appears you buy, if a green dot -6.68% -7.44% -7.44% appears after that green dot -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
DCR Next Move 150% !!For Long Term Holder Very Good Opportunity DCR .
Buy 0.005600
Sell 0.013000
Let See , What Will be Next Move.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
DCR may not be that bad as it looksJust in case you haven't seen below is Decred chart from Bittrex. I had many SR lines there, that made it look dirty, so I hidden them. But there were also cycles and I can tell you that now is the beginning of a new one.
Here at Binance at smaller timeframe we have a breakout of descending triangle and possible reverse of a trend (just very very begining). Price might not start growing too far just now but in long term it may climd an impressive mountain.