DCRUSDT ANALYSISAs you can see on the chart the coin is above the support line which makes me bullish about it.
Engineering robo indicated two sell signals at the moment which is bearish right now.
If you would like to invest in Decred coin 1000 USD
-start to invest 500 USD when the engineering ROBO turns bullish.
-invest 300 USD at the support level right now.
-you can invest 200 USD when the candle open and close above the down trend line.
Decred
DCRUSDT Technical Analysis⏳ Spot
💎 DCRUSDT has formed a flag pattern. The price must go up to the upper band of the flag the after the breakout I expect the Bullish move. After the breakout we might see a Pullback.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 113.0 - 100.0
☕️ TP1 120.0
🍺 TP2 135.0
🍻 TP3 145.0
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL at your own risk
Good Luck 🎲
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BULLISH DecredDECRED looks great imo. drawing a nice symmetrical triangle on declining volume AFTER sustaining support for weeks retesting the previous ATH. when we breakout, we will be gunning for 370 from here. looks really good
Wyckoff re-accumulationDecred may be in a variation of an alternative wyckoff re-accumulation cycle right now. It's showing many similarities to the first schematic with a few variations in it. I believe it's shown a Sign of Strength and is at the initial Last Point of Support right now.
Decred compressing more and more. Ready for release!DCRUSDT looking very strong and forming a little flag here. Very nice and steady uptrend, while DCRBTC also has a very special and clean chart. Also forming a bigger flag, pennant, triangle or whatever you want to call it.
Decred has pretty good fundamentals although not that many people have been caring about it recently. It's been under quite development and has more and more things coming on it, which might also include some big listings in the future.
First target is near the ATH and next target could actually be much higher and as high as 100-200% from here over the next 4-8 weeks.
Decred vs "blue chip" altsOne of the major factors for my long term investment in Decred was it's price action in 2017. Let's take a step back and see how it's performed in since the pandemic drop against a basket of "blue chips". This is in % scale so this compares raw performance of all these coins against each other. Decred is winning handily year-over-year.
Decentraland (MANA) formed BAT | A good long opportunityHi dear friends, hope you are well and welcome to the new trade setup of Decred (DCR) coin with BTC pair.
On the 4-hourly time frame chart, the priceline of DCR has formed a bullish Shark pattern.
Will the price of DCR/BTC reach 0.04 this year?The growth phase of the price of BITTREX:DCRBTC has begun this year. This can be seen from the breakdown of the downtrend, as well as the phase of the fall and rise in the price of bitcoin. The estimated peak in the price of the rising phase is shown on the chart.
Will the price manage to reach the upper border of the rising channel this year?
My Dark Horse Decred Decred looks interesting here after an 18.9% pullback from the all-time high set on 17 April last (Coingecko). We went long on 12 November last and are currently +1201%. This crypto has performed very impressively for the past 6 months and pullbacks generally find support at the 50 SMA. This is where we find ourselves today.
If you are looking to redistribute some gains from other projects, DCR/USD looks promising.
If you want to learn more about Decred, I would suggest looking here for a good overview of the project: www.coinbureau.com
Happy trading!
"Money can't buy you happiness but it does bring you a more pleasant form of misery." - Spike Milligan.
Multi-week hidden bullish divergenceDCR/BTC forming multi-week hidden bullish divergence on the 6 hour candles. If this pops the day Decred activates it's decentralized treasury, it'll make me a believer in the fundamental price action.
Broadening wedgeDCR/BTC is forming a broadening wedge which is a bullish continuation pattern. Price target ~0.0044
DECRED (DCRUSDT) EXPECTED RETURN 70%+ NEXT 2 WEEKSHello everyone,
this is my 8th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of DCRUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 3H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 9 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell. Now if you look at the chart you will find DCRUSDT is just getting out of the compressed mode and you will see that it has very strong long-term trend, it doubles on average every 40 days (I usually use average logarithmic return to reach this result, however I use different parameters depending on the asset) which means that you are buying a very strong crypto-asset close to its fair price, also its worth mentioning that DCRUSDT has relatively very low volatility compared to other crypto-assets. actually, there's only a few other crypto-assets that combine low volatility and high return that's why I consider this small group the crown jewels of the crypto market.
with all that said my conclusion is that DCRUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them or you can just tip me through my DCR wallet address bellow:
DsUsoto3XQ27pHbmH7AkQff4VPqPUzFykAL
thanks
Mustafa
💡Don't miss the great buy opportunity in DCRUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (69.23).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DCRUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 74.00
TP2= @ 81.00
TP3= @ 91.10
TP4= @ 100.00
TP5= @ 110.00
SL= Break below S2
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💡Don't miss the great buy opportunity in DCRUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (69.23).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DCRUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 74.00
TP2= @ 81.00
TP3= @ 91.10
TP4= @ 100.00
TP5= @ 110.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️