DCRBTC
A trading opportunity to buy in DCRBTCTechnical analysis:
. DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00594 to 0.00540). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00594)
Ending of entry zone (0.00540)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00694
TP2= @ 0.00728
TP3= @ 0.00801
TP4= @ 0.00854
TP5= @ 0.00970
TP6= @ 0.01117
TP7= @ 0.01230
TP8= @ 0.01454
TP9= @ 0.01773
TP10= @ 0.02179
TP11= Free
A trading opportunity to buy in DCRBTCTechnical analysis:
. DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00594 to 0.00540). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00594)
Ending of entry zone (0.00540)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00694
TP2= @ 0.00728
TP3= @ 0.00801
TP4= @ 0.00854
TP5= @ 0.00970
TP6= @ 0.01117
TP7= @ 0.01230
TP8= @ 0.01454
TP9= @ 0.01773
TP10= @ 0.02179
TP11= Free
[DCR/BTC] DECRED PROMISES VERY NICE PROFITS [POT PROFIT 50-225%]#DCR / BTC ( Poloniex, Bittrex )
Buy Range : 0.0064
Stop Loss : below 0.0053
Target 1 : 0.00998
Target 2 : 0.01206
Target 3 : 0.01456
Decred seems on a very good zone to buy, price is trying to reverse like December or April.
After massive bloodbath, altcoins are trying to rise against bitcoin. This is the fourth week on streak on green and some indicators looking very good on the weekly chart.
RSI, STOCH, CCI and MACD is performing very good. Only a breakdown of our support zone could invalidate this profitable signal.
Good luck !
#DCRBTC curvature implying a strong move higher soonand very nice risk/reward ratios, depending on your preferred level of risk. Have a long bias based on the fundamentals of the project, so positive technicals like this is just a bonus and opportunity to trade a portion on the move higher. Notice bullish RSI divergence and curvature of the price action so far; only waiting for high volume interest to break higher.
DCR/BTC - Potential move up with a decent stop lossIndicators on the daily:
TTM_squeeze strict dots
Price making lower highs - RSI making higher lows (Don't know if that's good or bad halp)
Indicators on the weekly:
TTM_squeeze momentum slowing down and crossing up in the Maxx Momentum indicator
God Mode 5 normal dots (Take profit on short / long)
Fundamentals:
Politea initial release
Course of action:
Took longs at box
Stop Loss around the orange line.
Any feedback is appreciated!
$DCR, Bounce Or Break…
Weekly
Looking at our trend timeframe we see price has found support at 550000, stochastic rsi showing momentum in favor of bears. Will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price looking bearish, as well as momentum. A daily close above 576000 activates our trade, however if we see a daily close below 556000 expect our sell of to continue towards 450000
There is a possibility for the beginning of an uptrend in DCRBTCThere is a possibility for the beginning of an uptrend in DCRBTC
Technical analysis:
. DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00580 to 0.00509). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00580)
Ending of entry zone (0.00509)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00651
TP2= @ 0.00728
TP3= @ 0.00801
TP4= @ 0.00854
TP5= @ 0.00970
TP6= @ 0.01117
TP7= @ 0.01230
TP8= @ 0.01454
TP9= @ 0.01773
TP10= @ 0.02179
TP11= Free
There is a possibility for the beginning of an uptrend in DCRBTCTechnical analysis:
. DECRED/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00580 to 0.00509). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00580)
Ending of entry zone (0.00509)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00651
TP2= @ 0.00728
TP3= @ 0.00801
TP4= @ 0.00854
TP5= @ 0.00970
TP6= @ 0.01117
TP7= @ 0.01230
TP8= @ 0.01454
TP9= @ 0.01773
TP10= @ 0.02179
TP11= Free
DECRED !DCRBTC broke uptrend and support line(blue). Formation of Head&Shoulders . Waiting for growth in the 1-2 weeks, then by a cycles and pattern go down even more. One more bullish permission - falling wedge. Now price in the active zone and support zone.
DECRED ONE MORE TIME! Decredo is great poject, DCR/BTC BITTREX! DECRED has been retracing and looks like it is finding its bottom so we are awaiting another dump as it still did not get out of its downtrend however our next support is quite strong and we should be expecting at least a pump of 20-30% which is I would say not bad for the current situation in the market not much upward movement at all but I think by the time DCR finds its support at 0.0057 BTC area the market will also start having some bullish momentum.
Good Luck, traders! #moon #mooncommunity
A trading opportunity to buy in DCRBTCTechnical analysis:
. DECRED/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.00687 to 0.00570), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00687)
Ending of entry zone (0.00570)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00801
TP2= @ 0.00854
TP3= @ 0.00970
TP4= @ 0.01117
TP5= @ 0.01230
TP6= @ 0.01454
TP7= @ 0.01773
TP8= @ 0.02179
TP9= Free
A trading opportunity to buy in DCRBTCTechnical analysis:
. DECRED/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.00687 to 0.00570), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00687)
Ending of entry zone (0.00570)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00801
TP2= @ 0.00854
TP3= @ 0.00970
TP4= @ 0.01117
TP5= @ 0.01230
TP6= @ 0.01454
TP7= @ 0.01773
TP8= @ 0.02179
TP9= Free
$DCR - Decred Daily Analysis - BittrexWe are finding ourselves in another support zone for Decred here. The issue i see as we have touched this zone a few times this week alone but the 10 day moving average has been a heavy line of resistance for Decred but as it slowly moves down into the support zone, this may act like a squeeze and either we will find support here and get a breakout above the 10 day or we will break through support and continue the trend. If support breaks, the next purple zone is the weekly support below. I am waiting to see if current support holds and we break above the 10 day before looking to make a purchase.
Decred is looking positive againCoin of the day is Decred
One of the few coins that have been drawing a bullish chart since the beginning of 2018. The reasons for such positive behavior are complex: the primary idea of Decred team – to fix the main governance problems of Bitcoin, trustworthy team and the promising roadmap, it's all matters.
Decred(DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency.
The coin is based on Proof of activity (POA) algorithm, an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network.
Technicals
Correction of the 0.015 high, which was reached on the 15th of July, seems to start turning around recently. After the breakthrough of the Bullish Resistance, DCR showed a sustained growth for the last three days, breaking above 0.001 level and 100-days EMA on the way. For now, the coin is trading on the 100-days EMA, and if the price manages to hold on above this level, we could see a further growth to the next resistance at the 0.012 level.
Decred VS Bitcoin Long Term Uptrend is ValidSince 8th of December 2017, Decred has established an uptrend, while price continues to produce higher highs and higher lows. On the 15th of June DCR/BTC reached the btc 0.015 level and then correction down started.
Decred approaching 76.4% Fibonacci retracement level, which could be the bottom of this corrective wave down. Since the uptrend is valid, buying opportunity has already presented itself, but at the same time DCR could go slightly lower.
While Decred stays above the btc 0.0084 support, uptrend will remain valid and the next wave up could bring the price up to the btc 0.032 resistance area, which is a potential 260% growth against the Bitcoin.
But break below the btc 0.0084 support might send price lower, towards btc 0.0056 area, and only then continue the uptrend. Only break and close below the btc 0.0056 support could invalidate long term uptrend, where range trading could start.
Bullish Divergence for Decred !Bullish Divergence for Decred and also hold a very strong support line @ 0.0102, buy Opportunity for Short term as Bitcoin remains Bearish, however, things might turn upside down
15 June -> Long on Decred (Day chart)If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend.
So Decred has been making an amazing uptrend, despite that almost every coin went down. The bears tried to push the price down by two times, but meanwhile you see that the bulls are squeezing the bears into the corner. This will lead to a continuation pattern, which is the ascending triangle.
The setup for this trade will be:
- The stop loss will be the support line of 0.01436059
- Target could be 0.01771530, but anything can happen on this way, that’s why I am going to update this chart until I am taking out my position.
ALWAYS keep in mind! That this is NOT an investment advice, but an analysis . You can do whatever you want with this information, so trade at your own risks!
#DCRBTC #Decred strong against other cryptoassetswhile Bitcoin is consolidating and we wait for trend continuation up/down. At these levels, it's not the best risk-reward for a swing trade, but still a good option for a long-term investment that is position sized accordingly. For me, Decred is a long-term hold and add on consolidation - e.g., at ~30% discounted levels shown.
Near ATHs, Decred has remained generally strong with supply quickly bought up at these levels. Underlying fundamentals of the project are solid and Placeholder recently put out a nice perspective on their long-term investment thesis for the project here: www.placeholder.vc Worth reading through if you're going to stick it out for more than a trade.
Decred still swimming against the currentCoin of the day is Decred.
One of few gainers on today's stagnating market.
Despite that take-off from the 0.012 level, which we were waiting on 29 of May did not happen, the coin is staying in a bullish pattern, holding above the 0.012 level and gradually rises.
Exchanges started to add Decred pairs with USDT, which is a positive sign, as it will bring capitalization higher.
Decred is positioning as more honest and close to the people bitcoin pretender.
Decred(DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency.
The coin is based on Proof of activity (POA) algorithm, an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network.
Latest news
May 25 – Bittrex added DCRUSDT trading pair.
June 1 – Upbit added DCRUSDT trading pair.
Techncals
Growing since the beginning of 2018, DCRBTC added in momentum after breaking Bearish Trend Line on 2018.05.10. Gradual rising after 0.012 level brought the pair above the 0.013 level. Movement is going on inside the triangular pattern, between established from 25.07 Bullish Trend Line and Bearish Trend Line starting from the peak on 23.05. Breakthrough of this line will wend the pair to test past high at 0.0145 and 0.015 resistance afterward. From the downside, 0.012 – 0.013 zone should play a supportive role.
