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DCRBTC

Decred is just getting started.DCR has been repeating the same pattern since it's early-January pump...so predictable it's not even funny. First two pumps were up 200% and the last one was up around 600%. We're nearing the end of a long consolidation phase...but consider this: DCR Current supply: ~ 5,800,000 Total coins locked up for developers (not on market until next year I think): 800,000 Total coins locked up in staking: 2,070,000 Current available supply to markets: 2,930,000 Total market cap on coinmarketcap.com: $121,307,000 You're welcome to double check these numbers, this was pretty close I think. Decred is still VERY young compared to other projects, it's sitting at #29 most valued when it should be in the top 10 EEEAAASSYY. It has the unique feature of governance baked into the protocol, no other coin can do that ATM. Great dev team, growing community, Exodus wallet soon, first mainnet hard fork and voting complete soon, Lightning Network integration soon. There's also a guy named @dangermouse117 who is one of the brightest analysts in the cryptocurrency space, and he has said this is one of three coins that he hodls. He also believes projects with governance at the protocol level will be the ones that last the longest. Point is...we're in another low supply, bullish as fuck flag scenario just like the last three pumps. Bitcoin is likely to dip soon. Decred is here to fucking stay. I'm not selling until .06. That's about $150 and would put Decred at a $750 million valuation. If Dash can do that, the piece of shitcoin, going nowhere project that's about to be kicked to the curb with Lightning Network on LTC, with masternodes that lock up the supply...then this should be no problem. TARGET 0.06 This is my first chart, and I have no idea how to use the commands correctly. Please be nice. Any polite but constructive criticism on how to improve would be much appreciated.
Long
by mychartslie
6
DCR long opportunity, another leg up after consolidation?Hey folks, has been a while since I last posted an idea. Really missed the charting and trading, but I had to take a step back and analyse why I made so many mistakes and expensive FOMO trades. So here I am again, this time with DCRBTC . It already had quite a run and has been consolidating for a while, looks like we are ready for another leg up. A big triangle has formed and we have found great support at the 0.618 retracement level. There are two ways to enter the trade: a) play safe and wait for the triangle breakout (buy @ 0.01146) or b) be more aggressive and buy once price bounces of the 0.618 support level or that green trend line (in the area of 0.0086). Possible targets are: 0.02170 and if we make it past that 0.02887. Thus far for the technical viewpoint. With so many useless shitcoins that have hugely inflated market caps out there (yea I'm looking at you, DASH) it makes sense to check out the fundamentals behind a potential trade, especially if you're looking at it from a longterm investment perspective. Decred has a nice and shiny homepage with great visuals, thats quite important imo. It's not enough to only have a great product, you need to know how to sell it and who wants to buy into something that looks like shit. As for the technical details, DCR runs a PoW and PoS hybrid consensus mechanism, which aims to spread the power over the protocol across miners and users. The recent BTC blocksize scaling debate highlights how important it is to have a balanced system of governance over the chain. DCR looks strong and has big potential on that front. Checking out the 2017 roadmap (blog.decred.org), you'll find a few other things that sound great: integration of systems for hard fork voting and a public change proposals lightning network support better cross-platform GUI wallets more public presence at events lightning network support enhanced privacy features implementing payment support by approaching merchants and vendors If you're more like a short attention span type, here's DCR in short presented by a very good looking young lady ;) www.youtube.com
Long
by ntron
9
Decred above solid support chance to go higher This Idea is related to the previous one which is linked. Pair managed to go above psychological level and established nice support there ( doji candle marked with orange tick). I placed on the chart trend line (red) and brown where pair will find strong resistance. In My opinion next level is 0.01776000 and then probably 0.020000. 200 Ema should help ascend. There is still a small chance that the pair will go beyond the psychological level 10k just to go back on track.
Long
by Krystiannwk
Decred Inverse Head & Shoulder $DCR $BTCAfter breaking out of a long term downtrend (since launch) in late Jan 2017, we made a local high at 0.00339911 and been bleeding out since. Inverse H&S forming here with the neckline resistance at 0.0021. Breaking above with good volume will confirm the reversal. If volume is significant, we can see this lead to a quick continuation of the bull trend with new highs, otherwise lead to further consolidation within structure before any major move. Long if it breaks above iHS neckline.
Long
by onemanatatime