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.
DCRBTC
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.
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 !!
DCRBTCFor the Decred, based on this chart there have been no time before for bollinger bands being so squeezed. I am a long term holder and with the recent news with Politeia (on chain voting) out and running I just can't see it going other way than up. The coin has by far the strongest fundamentals. The most expensive coin to attack due to it's hybrid PoW PoS mining. I am sure one day this bad ass is pulling ETH like run and beyond. It is considered really the only coin out here at the time which can truly endanger the position of Bitcoin.
Im sure you can not find many charts out there which have similar non bubbly chart structure. That speaks for it self
So happy staking and buying
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.
DCR listing on Binance - Support found - Lets take this puppy UPStochastics, clouds, MTF RSI, and the Mode of God are all giving the same signals and signs that this will keep grinding higher. DCR is not just any old project. It holds its weight through bearish times, and now hey, its coming to light during a bullish time! YAY. I expect an edge to edge KUMO grabbing 12% for this first impulsive move off the found support. Targets are in the box.
Namnaste'
Decred (DCRBTC) Going On Binance (Get Ready!)Decred (DCRBTC) will be listed on Binance. This will happen tomorrow.
"Binance will open trading for DCR/BNB and DCR/BTC trading pairs at 2018/10/24 04:00 AM (UTC). Users can now start depositing DCR in preparation for trading."
Source: support.binance.com
On the chart:
- We already have a huge green candle.
- The RSI is super bullish. Everything will turn bullish.
- This coin will explode as soon as it is added to Binance (as it usually happens).
- Targets on chart.
Thanks a lot for the support.
Please like, share, comment and follow to keep this trade idea updated.
Namaste.
DCR big wave comingLets look at weekly chart. Perfect. Just perfect combination of everything. This chart is just crying out for a new wave up. No one can predict how far it will get but I draw some targets. Each of resistance line will act as support once broken. Each can be a start of a new profit trade.
Four-hour chart just doesn't show the whole picture but it shows the. Now DCR chart is fighting BTC pressure and the pressure is big. So is the volume on the last 4H candle. It’s not yet finished, another 1.5 hour to go, but it is already very large. If the price will go down next buy zone is at 0.00530-0.00540. However, I have a feeling that it may start uptrend not touching those numbers. Breakout with large volume and price pump should happen after DCR cross 0.00620.
Not a financial advise.