DCR Decred 4H Channel - DCRBTC DCRUSDT DCRUSD DCR BITCOIN dcrbnb
DCR/BTC -The price has gone down to previous support at 1358 range -It fell lower but manages to get above at least -Technically, this is not good for the Bulls -But if this level will hold for the next 1-2 weeks -There is a high chance to retest the downward trendline resistance -Now, the safe way to enter this market -Is to confirm the breakout of the...
DCR/BTC -this coin is on a strong downtrend since 2018 -but right now, the selling pressure has started decreasing -we can see a clear bullish RSI divergence -a resistance trendline keeps respecting -a safe way to approach this market is to enter on breakout/retest -you can buy once the trendline is broken -provided the break is with good volume -the upside...
DISCLAIMER :- 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...
I 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.