Decredusd
Decred: Get Up!Decred should be done relaxing on the yellow beach strip between $35.04 and $6.98 – or rather on the support at $19.87. As the altcoin has already finished wave (2) in yellow, we expect it to get up and hop above the resistance at $84.82. Once there, Decred should gain enough upwards momentum to make it above the next mark at $191.48 as well. However, there is a 45% chance that the altcoin could drop below the support at $19.87 instead and develop a new low in the course of wave alt.(2) in yellow.
Decred (DCR) is close to complete bullish BAT for upto 134% moveHi dear friends, hope you are well and welcome to the new trade setup of Decred (DCR) coin with Bitcoin pair.
Previously I shared a long-term trade-setup for DCR, which is still in play:
Now On a 4-hr time frame chart, DCR is about to complete a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Decred is on the way to 1000$ in 2021?I see many fundamental changes on the network implementing new 1.6.0 version and new features. Decred is stronger than ever! It looks like big bullish flag on weekly chart is playing out. I see that the 3rd or potentially super 5th way would lead the price to ATH and price will be around 1000$ to the EOY 2021. Press like comment and subscribe!
Decred (DCR) formed a bullish Gartley for upto 1800% pumpHi dear friends, hope you are well and welcome to the new trade setup of Decred (DCR) coin.
Previously we had a nice harmonic trade on a short- time frame:
Now on a monthly time frame, DCR has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Decred long term target ~$1000Hello Traders,
Decred has huge upside potential in the long run because of institutional interest.
ARK invest, and Grayscale already showed their interest. I think it can potentially reach a $21B market cap until Sep 2022.
Please hit the like button if you agree and comment your thoughts.
Thanks.
DCR bullish continuation patternHello Traders,
Decred pumped with good buying volume in the last few days, and as you see on the chart, the symmetrical triangle pattern is visible on LTF. IMO, it will keep up the bullish momentum in the next few days.
Please hit the like button if you agree and comment your thoughts.
Thanks.
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.
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.
Long-term downtrend in DCRNow a long-term downward trend. The price is still within this trend. Also below MA 200.
If the trend changes, then the price may rise significantly.
However, now on the chart we are observing the pattern of the descending triangle. When breaking through the base of a triangle
the price often drops to the height of the triangle.
I want to believe that we can break the downtrend in the near future. But at the moment this is not so obvious.
In a negative scenario, the price may fall to 3-2 $.
🇺🇸 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
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.
Will The Wedge Hold Its Ground? (DCR)Cryptocurrency: Decred
Circulating supply: 11 million coins
Max supply: 21 million coins
Sort of like it's big brother bitcoin
90 million daily volume
146 million market cap
Current price: $12.81
All time high: $129.37
Squeeeeeeeezeeeeee itttttttttttt.
Is the wedgie done and ready to snap?
Btc pair shows a little bit more of downside to touch bottom again.
Could be a nice setup.
Good luck.
BTC-DCR Decred- Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2018 ( 1 / 10 )
Volume 24 H : 1500 BTC ( 5 / 10 )
Available Markets* ( 7 / 10 )
Social Media Rate ( 6 / 10 )
Ranks ** - 26 ( 8 / 10 )
Website ( 5 / 10 )
Type Enabling users to issue tokens on a secure and decentralized blockchain.
Overall ( 6 /10 )
The volume is not bad.
As long as Decred is above the trendline , you are safe .
The best place to buy at the trendline or around 0.0062.
If the Yellow line ( MA 50 ) above Blue line ( MA 100 ) , We confirm the bullish trend.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
There is a trading opportunity to buy in DCRUSDTechnical analysis:
. DECRED/USDollar 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 47.
. 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 (39.00 to 31.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (39.00)
Ending of entry zone (31.00)
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= @ 54.58
TP2= @ 58.52
TP3= @ 72.15
TP4= @ 83.18
TP5= @ 94.32
TP6= @ 110.07
TP7= @ 130.05
TP8= Free
There is a trading opportunity to buy in DCRUSDTechnical analysis:
. DECRED/USDollar 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 47.
. 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 (39.00 to 31.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (39.00)
Ending of entry zone (31.00)
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= @ 54.58
TP2= @ 58.52
TP3= @ 72.15
TP4= @ 83.18
TP5= @ 94.32
TP6= @ 110.07
TP7= @ 130.05
TP8= Free