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Decredbtc

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.
Long
by BitcoinMacro
DECRED WILL OUTPERFORM MOST CRYPTOS IN 2021Hey. Not gonna go deep into this. I was studying cycles, patterns, fractals a lot in 2020, and now that cryptocurrencies are heating up, I see this scenario on $DCR. There are many other good cryptos that will do well, but this coin should be in top 5 if not 1st place by the gains that it will create for investors. TARGETS : $ 1700 / $3700 Do what you think is best with this fractal and information, this is not a financial advice. Enjoy 2021, God bless!
POLONIEX:DCRUSDLong
by Patrikas10
11
🇺🇸 MURICA! Perfect Pattern. (DCR)😯 Decred has been setting up this massive bull pennant like a champ! You can see that we are now at the top of major Resistance for a chance to pullback to the $10 support. You could have one more chance for the buy in for a longterm trade prepped for the next bull run in crypto. You will want to look for a turning point here on the edge with the Crossover candles strategy and the ema dots to search for the turning point. If it does turn around I see this playing out. Just as bitcoin is lately in a zone of potential reversal to the downside. Bottom should be sometime this year. * this is a bullish pattern, but don't forget that patterns can fail. So stay cautious at the edge plays of support and Resistance just in case it were to perform a breakout. Stay safe and best of luck! 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
POLONIEX:DCRUSD
by UnknownUnicorn2319099
4
X Mark The Spot! (DCR)Symbol: DCRUSD Sector: Cryptocurrency We are playing a massive bullish pattern. The bullish falling wedge. These are my favorite formations to play for a breakout as the price will begin to squeeze price range compression point. The current range is around $10-$15 If the market can get some more pullback I would like to get the order filled around $10 for a test off of support and rebound to breakout the top of the wedge for a long term bull cycle. Don't get me wrong... $15 is a great long term price, but we might be able to get that $10 area one more time. We will see how strong this pattern holds up, it does look very rewarding as this is a very low circulation coin. Based off history I do not currently have the channel identified. This breakout will help identify a good lomg term take profit point.
POLONIEX:DCRUSD
by UnknownUnicorn2319099
DCR/BTC Monthly Candle Being Painted Outside of the Triangle !We have a wonderful situation, FINALLY, in DCR/BTC, it's highly likely it has bottomed (DOUBLE BOTTOM), and now is painting a monthly candle OUTSIDE of the triangle, signaling a potential bullish reversal, turning the long-term downtrend vs BTC around into the opposite direction. This could be a rare opportunity to enter into this coin which is quite fascinating and unlike other altcoins. It was created by bitcoin devs, and shares sound money fundamentals with bitcoin, but with a PoS layer for extra security and for sustaining itself and its devs without needing outside funding. Many exciting features are coming out soon, such as the much-awaited decentralized exchange (DEX), a GUI for its built-in privacy (privacy that is still lacking in BTC!) based on coinshuffle++, and Lightning Network support, including staking via LN. I expect this coin to be #2 right below Bitcoin once this market becomes fully rational and efficient. (It's not yet.) Thanks for reading and good luck!
Long
by Tivra
DCRBTC Has Completed The Bullish Setup For Upto 510% Big GainsOn 19 Aug 2019 I shared a post where I have explained that priceline of Decred Decred (DCR) / Bitcoin is moving within a very big pennant since June 2017. Within the pennant the price action formed head & shoulder pattern and pushed the price action down to the support. In Aug 2019 after hitting the support of the pennant and bollinger bands the MACD was turning turned weak bearish from strong bearish and RSI was in oversold. The previous post: Now we can see that the Bollinger bands is squeezed indicating that there is breakout or breakdown can be possible at any time and moving average convergence divergence (MACD) is weak bullish. And the pricline is still at the support. The current situation: A bullish harmonic move: Now on this 2 week chart the priceline has formed a complete bullish BAT pattern the formation of this pattern was started with the candlstick that was opened and closed on 21st October 2019 and completed with the candlestick that was opened and closed on 11th November 2019. Then price action retraced between 0.382 to 0.50 Fibonacci and after getting retraced the price action projected between 0.382 to 0.886 Fibonacci projection of A to B leg after this Fibonacci projection from 16 December up till now the price action faced a strong bearish long-term trend and this strong bearish trend helped the price action to complete the last leg of this is BAT and the priceline of the DCR now has entered in the potential reversal zone of this bullish BAT pattern. Buying and sell targets: Now here I have defined two types of buying and sell targets. 1. Mid term 2. Long term Midterm targets: Midterm targets are as per bullish BAT pattern that has been formed at the support of big pennant. These targets are as per Fibonacci projection of A to D leg from 0.382 to 0.786 Fib level as below: Buy between: 0.001823 to 0.001672 sats Sell between: 0.002183 to 0.002728 sats So as per these targets the Decred can produce upto 63% profit but if the price action manages to cross up 0.786 Fib projection then it can lead to hit the long term sell targets. Long term targets: Long term targets are as per big pennant on this 2 week chart and I have defined the sell targets using Fibonacci sequence from last highest upto the support of the pennant rather than from the tail up to the support for secure targets but the price action can even go higher than the targets I have defined. Sell between: 0.00725349 to 0.01208048 As per these long term targets DCR can produce upto 510% huge profit. Stop loss: Here we can set the stop loss either the support of this pennant or the potential reversal zone of this bullish BAT pattern. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
Decred Falling Wedge! DCR Finally Bottomed Out? OpportunityIf DCR bottomed out at 0.0015, and breaks out of the falling wedge as it approaches ~0.00175, then it's a great buying opportunity either for a long term position up to ~0.004 or a short term take profit at ~0.002 Moreover, with Decred's privacy features, Politeia GUI update, and potential Coinbase listing soon, this coin is primed for major reversal based on fundamental aspects as well. The proverbial sleeping dragon.
Long
by Tivra
1
DCRBTC hit the support of pennant | Upto 359% potential tradePriceline of Decred Decred (DCR) / Bitcoin cryptocurrency is moving withina pennant since June 2017. Within the pennant the price action formed head & shoulder pattern and pushed the price action to the support. Now after hitting the support of the pennant and bollinger bands the MACD is turning bullish and RSI entered in oversold zone. The sell volume is also decreased and volume profile is showing less interest of cryptocurrency trading below the support. I have defined the sell targets using Fibonacci sequence from last highest upto the support of the pennant rather than from the tail upto the support for secure targets but the price action can even go higher than the targets I have defined. Sell between: Sell between: 0.00725349 to 0.01208048 Regards, Atif Akbar (moon333)
Long
by moon333
2