Decred VS Bitcoin Growth PerspectiveDecred has found the bottom at btc 0.0028 after which price started to move higher breaking above the 200 Moving Average. For the past four months price has been ranging between btc 0.01 and 0.005. Nevertheless price continues to produce higher highs and higher lows.
The last corrective wave down where price found the support at btc 0.0056, could have been the very first corrective wave of a stronger five wave uptrend. Currently DCR/BTC starting yet again to gain upside momentum and seem to be ready to produce a new high.
There are two major resistance levels that should be watched. First is 327.2% Fibonacci retracement level at btc 0.02 area. When/if that resistance is broken price is likely to continue moving higher towards the key resistance located at 267.2% Fibs, that is btc 0.032 area.
Decred
Decred , A good trading opportunity to buy in DCRUSDT echnical analysis:
DECRED/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 36.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (36.90 to 22.30), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (36.90)
Ending of entry zone (22.30)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 50.40
TP2= @ 65.70
TP3= @ 83.90
TP4= @ 99.50
TP5= @ 130.04
TP6= Free
Decred would probably resume its uptrend again...Technical analysis:
DECRED/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 66.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.0082 to 0.0072), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0082)
Ending of entry zone (0.0072)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0097
TP2= @ 0.0123
TP3= @ 0.0145
TP4= @ 0.0178
TP5= Free
Decred would probably resume its uptrend again...Technical analysis:
DECRED/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 66.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone (0.0082 to 0.0072), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0082)
Ending of entry zone (0.0072)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0097
TP2= @ 0.0123
TP3= @ 0.0145
TP4= @ 0.0178
TP5= Free
Where will DRC Decred go now?After April 25th, when DCR have got a 50% PUMP in a few hours and then retracted more than 25% from the high, DCR attracted some of the spotlights to itself. Let's take a look in it's chart and try to predict what it's going to do from now on.
Since the PUMP, DCR have been moving sideways and formed a descending triangle, which is a bearish pattern. If it intend to follow the bull run from the imminent alt's season, bulls will need to put some work and try to break the descending triangle following the green arrow. However, this isn't the easiest way for the price action follow. We may see some indecision inside the descending triangle culminating with it's support break.
The signal line is above MACD for 4h chart, and getting closer on the 1D chart, as shown insde the red circle. If signal crosses above MACD, it will be another bearish pattern and we may see bears getting even stronger.
The target, considering only the triangle, is approximately 0.007, but the purple 1 month uptrend line is a support that may contain the DUMP. Let's keep an yey over DCR and see what's going to happen on the triangle. If it breaks below, we are going to see DCR bleed.
DECRED: CRYPTO BOTTOM SIGNAL = 27.61% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 25th of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 38.93% PROFIT!! !
The increase in price may also be explained by positive developments including:
April 19: YBF Ventures announce our corporate partnership with Decred as part of our Web 3.0 hub.
April 28: Decred V1.2.0 Released. This release of dcrd contains significant performance enhancements, infrastructure improvements, improved access to chain-related information for providing better SPV (Simplified Payment Verification) support, and other quality assurance changes.
A significant amount of infrastructure work has also been done this release cycle towards being able to support several planned scalability optimizations.
This includes the following changes:
Significantly Faster Startup
Support For DNS Seed Filtering
Committed Filters
Updated Atomic Swap Contracts
April 29: New Decred Slack invite page is up and running.
May 2: Innosilicon's world class R&D team just released the latest global leading miner D9 (Decredmaster)
May 2: Significant optimization achieved in how Decred performs signature hash calculations. Improvements in both speed (306x faster) and memory allocation (91% reduction) for a transaction with many inputs.
May 4: Decred has been listed on Upbit exchange.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
Decred | Insiders?There is unusual price action on DCR. Sometimes people know about news before they came out. Lets try to join them.
That triangle broke down right to the resistance. Lets buy it with a tight stop right under that resistance – on 0.00845
I will sell 25% of bought DCR between 0.0097 – 0.00985, then 50% in the 2nd sell zone between 0.0106 – 0.0107. The rest 25% I will leave for a long run if there will be any
Please remember: my trading style is agressive and percentage of buys is high. You should always ask yourself if you are capable of losing amount of money that you put into after stop-loss is triggered
Smash that like button if you enjoyed this find
TP5 hit with 13134175223 profit in 24 days. NEW Buy Opportunity.DECRED/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (50.40) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 39.40758259(day close price) based on the reversal candle ( Hammer ) at 04.01.2018.
Total Profit: 13134175223
Closed trade(s): 8177725223 Profit
Open trade(s): 4956450000 Profit
Closed Profit:
TP1 @ 50.40 touched at 04.07.2018 with 1099241741 Profit.
TP2 @ 65.70 touched at 04.15.2018 with 2629241741 Profit.
TP3 @ 83.90 touched at 04.25.2018 with 4449241741 Profit.
TP4 @ 99.50 touched at 04.25.2018 with 6009241741 Profit.
TP5 @ 130.04 touched at 04.25.2018 with 9063241741 Profit.
1099241741 + 2629241741 + 4449241741 + 6009241741 + 9063241741= 8177725223
Open Profit:
Profit for one trade is 88.97208259(current price) -39.40758259(open price) = 4956450000
1 trade(s) still open, therefore total profit for open trade(s) is 4956450000 x 1 = 4956450000
All SLs moved to Break-even point.
Take Profits:
TP6= Free
Technical analysis:
Decred/Dollar is in an Up Trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 75.
Decred DCR and Crypto Hodl for 2018 & beyond Roadmap [BTFD]Decred is a multi-platform digital currency with support for Windows, macOS, and Linux. Easy-to-use wallet apps enable sending, receiving, and mining Decred with just a few clicks.
Been buying up DCR on the lows in the past few years but not as much recently, been holding since last year on this one as it was one of my featured coins to hold back in winter 2017
DCR shows really strong support around $30-40 floor, we could see this retested again and be a great time to buy in again, Blue line is the baseline and should not fall much under this, good BTFD moments if it does - excellent profits if it comes back up to test the ath
dont forget if your holding lots of DCR, consider buying tickets and staking your hold for more returns
Decred has a massive dev team and supporters with focus on governance and progression
$SALT
$ARK
$GNT
$DCR
$XEM <------- next TA
$EQT
$OMG
$STRAT
$STORJ
$BTS
$LBC
$NEO
Decred Rejected The SupportDecred seem to find the support at 88.6% Fibonacci retracement level that is $37. Price rejected the support together with the 8/1 Gann Fan trendline. The following wave up resulted in the break above the downtrend trendline, suggesting either a correctional move up or a trend reversal.
The resistance is seen at $80 area, this could be the first upside target for the potential upcoming wave up. Second resistance is near $90, that could be the decition point for DCR/USD. Break above $90 should establish a long term uptrend while rejection would result in a correction down.
On a downside, daily break and close below $37 support should invalidate bullish outlook and extend the consolidation.
DCR/BTC OPPORTUNITY!Like all the other coins Decredo is back from correction and is now on bull run, the coin might hit its resistance of 0.008 BTC and bounce back however it wont be long till it hits its upward trend line after which we should see the next bull flag.
Buy-in price: 0.0075-0.00795 BTC
Targets:
1. 0.0095 BTC (short)
2. 0.0115 BTC (long)
Coin potential price: 0.021 BTC
Stop-loss: 0.0072 BTC
The first target for this trade is solid as the market is on bull run and most of the coins are expected to hit their targets, however the second target will only be possible in short time if the market continues to be on bull run, therefore that would be our long term target.
Good luck!
DCRUSD , weekly update:Total profit 13423147646 in 15 days.!DECRED/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (36.90 to 22.30), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (36.90)
Ending of entry zone (22.30)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 39.40758259(day close price) based on the reversal candle (Hammer) at 04.01.2018.
Total Profit: 13423147646
Closed trade(s): 3728483482 Profit
Open trade(s): 9694664164 Profit
Closed Profit:
TP1 @ 50.40 touched at 04.07.2018 with 1099241741 Profit.
TP2 @ 65.70 touched at 04.15.2018 with 2629241741 Profit.
1099241741 + 2629241741 = 3728483482
Open Profit:
Profit for one trade is 63.64424300(current price) -39.40758259(open price) = 2423666041
4 trade(s) still open, therefore total profit for open trade(s) is 2423666041 x 4 = 9694664164
All SLs moved to Break-even point.
Take Profits:
TP3= @ 83.90
TP4= @ 99.50
TP5= @ 130.04
TP6= Free
Technical analysis:
Decred / Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 65.
Decred , A great opportunity to buy for DCRBTC comes soon.Technical analysis:
DECRED/BITCOIN is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 33.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.0040 to 0.0028), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0040)
Ending of entry zone (0.0028)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.0052
TP2= @ 0.0066
TP3= @ 0.0082
TP4= @ 0.0097
TP5= @ 0.0123
TP6= @ 0.0145
TP7= @ 0.0178
TP8= Free
Uptrend DecredHellooooooooo, friend.
Decred started shows the beginning of a bullish trend. Above an inclined line, we inevitably set out for the next. After the last line sloping, we will look for the targets. There is a possibility of reaching the moon, however you should always follow the stop order.
Decred(DCR) Has Entered Resistance AreaDecred(DCR) price has tested the 20-Day EMA on more than three occasions in the past week, but it has not been able to go beyond the 20-Day EMA line. The coin price is again likely to test the 20-Day EMA today. Every time coin price fails to break the moving average line, it makes it a stronger resistance level.
However, now the coin has entered esistance zone and it is showing signs of losing momentum. So although DCR coin is in an uptrend, possibility of a bounce down from here can’t be ruled out. DCR has psychological resistance at 0.009 and above that at 0.0088, where a trendline from recent top can act as resistance. On the downside, 0.008 is the point of 50-Day EMA support line.
By the way, MACD line has crossed downwards through the average line which also indicates a bearish market for the coin.
Decred VS Bitcoin Uptrend ContinuationFollowing the previous idea on Decred VS Bitcoin , the price hit the upside target at 61.8% Fibonacci retracement, that is btc 0.0073. Not only it reached the target but broke above this resistance levels going up to btc 0.009.
Following corrective move down resulted in the previous resistance at btc 0.0073 being rejected twice, after which DCR/BTC produce another higher high. The continuation of the uptrend seems imminent at this point, where Decred could reach the upper trendline of the extended descending channel. The 361.8% retracement corresponds well to the channel trendline and price should aim for btc 0.012 area.