DECRED: CRYPTO BOTTOM SIGNAL = 71.78% 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 71.78% 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.
May 6: Minertopia releases new Decred mining pool with 1% fees.
May 12: Decred is exihibited at Consensus 2018.
May 19: First beta of Decreds's ticket splitting mechanism released. Decred users are able to buy ticket fractions & reduces barriers to entry to participate in Decred's governance.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
**The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.**
Decredbtc
Decred - fair BitcoinCoin of the day is Decred.
"Decred is Bitcoin as it should have been."
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.
One of the challenges faced by Bitcoin is that its underlying proof of work (POW) consensus algorithm allows more controlling power to the miners who own and operate expensive mining equipment. As all the mining gets concentrated at a few such powerful operators and pools, it leaves other network participants at a big disadvantage to reap network benefits.
To address POW challenges, proof of stake (POS) emerged as an alternative consensus algorithm that allocates more mining and reward rights to participants who hold more stake regarding the number of coins held. While POS manages to circumvent the problems of POW like high electricity bills and costly hardware, it implicitly encourages virtual coin hoarding, which may limit the cryptocurrency use.
Decred team developed Proof of activity (POA) as an innovative hybrid of POW and POS and claims to offer the best of both. It ensures that both miners and users have the same amount of influence on the various activities of the network.
Decred also introduces a censorship-resistant blockchain-anchored public proposal platform, smart contracts, the possibility of cross-chain atomic swaps between various cryptocurrencies that enable network participants to carry trustless over-the-counter (OTC) trades without the involvement of any authority or a third party, and cross-platform wallets.
Technicals
DCRBTC was gradually growing from the beginning of 2018, recently the coin crossed the 100-days EMA, which brought it from the deep correction zone to a more middle position relative to the past peak. There were two relatively big spikes, one on April 25 and second on May 4, public opinion converges this spikes to huge buy-ins as the price continues to grow after. Psychological level 0.01 and Bullish Trend line should support the upward movement, breakthrough of the 0.012 level will open the way to the resistance on the 0.015 height.
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
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
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!
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
$$$$$$ TIME, Great Profit Potential for beginner or pro.DCRBTC H BITTREX
Ok traders been watching this coin for past 12 hours and volume on bittrex has gone up 4 times its initial volume.
Volume rising like this is a great sign, this is a sign today, tomorrow, next day and maybe even day after we are going to still be profiting off this trade.
Trading strategy for DCR you buy now while low and sell high, nothing more to it.
One of my favourite entries is always the ABC pattern here we have a perfect example. On the H chart of DCR we can see the break of the 200 EMA, 20 EMA and 0.00769 Horizontal Level (Blue Line) and then the accurate pullback to the same levels, and we are now set for another move up the C or continue leg.
The accuracy of the pullback heavily influences my decision on where I enter. If its not an accurate test of the level I will wait for a decisive buying bar on the charts time frame, or a Timeframe 2 earlier such as the 15 minute chart.
Here I am okay to buy now around 0.00777 or above so feel free to buy in. Volume has grown heavily which provides a safer trade.
Stop Loss below support at 0.0074
Targets just before the blue lines
0.00810 Target 1
0.00838 Target 2
0.00910 Target 3
Target 4 will be updated when we hit the red rocket!
If these targets are reached and we still look strong I am going to post more targets as I believe we can go a lot higher but I will put it on updated chart below so its cleared and cleaner.
Ok I hope you enjoy this trade I look forward to continuing to trade with you. Follow my page or join our chat as soon I will be launching some schooling for traders mainly teaching the basics.
I've been on this site for around 10 days and the amount of messages i receive from people losing money is scary. So how do we fix this? EASY
My followers will be making money not only from my trades, I want to teach you what i know so without me you can also trade. People that aren't on our team they can lose their money because of course we need someone donating their funds to us so we can profit right!
Daily Quote Enjoy!
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." - Paul Samuelson
If you think investing is gambling, you're doing it wrong. The work involved requires planning and patience. However, the gains you see over time are indeed exciting!
Decred soon to breakout?DCR has been on a steady uptrend for over a month. The support line is holding extremely well with 4 tests so far. The resistance has been tested 5 times with one false breakout. Bullish descending wedge now nearly formed and breakout looks imminent. Fib levels are holding strong and breakout will test important resistance level. Conservatively, buy on confirmation of breakout at 840k sats and close position at 1040000 sats (141.4% fib level) — resulting in 25% gain. Optimistic - buy at 840k sats, set stop loss at 950k sats once 141.4% fib hit, then keep riding the wave.
Exciting Decred updates - 100%+ profit projectionWith several exciting updates already lately from Decred such as atomic swaps, new exchange listings and upcoming ASIC support there seems to be an interesting future ahead for Decred. Especially considering Lightning Network support is on track will be released 'very soon' (Q4 2017 according to their roadmap). Ontop of all this the circulating supply of Decred has been decreasing due to people locking their coins up in PoS for staking rewards, which is something that will definitely be reflected on the price per Decred.
All in all, I don't see any reason not to buy Decred! However, I am nowhere near being an experienced trader so please always do your own research for your investments/trades.
Source: thedecreddigest.com