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DCRBTC trade ideas

DCR DecredBTC IS Ready For Breakout Above Aprils High 50% PPBINANCE:DCRBTC Is showing strong momentum and Increased RSI Buying Volume DCR is ready to breakout with 50% Profit Potential from Now the green candle pattern has already formed and we already have broken April's low now its time to watch the show for Bull run. About the Chart I have highlighted 3 Targets using 3 different color of lines and giving 2 of them names like A and B whilst i have also highlighted the possible drop-zone in case of not being able to find desired support .The resistance is marked with black 2 faced arrow. we still need some more volume to hit 5700 I hope you liked this chart. i will keep you guys updated . Never forget to use stop loss. Sometimes you earn the other times you learn. Never put all your Money in one bag . happy trading
Short
by CognitoBTC
Long Decred or be ForgottenThis setup is entirely similar to STORM and both got bought up during the Bitcoin move to $5k. I already have a position but i'm adding more if we get even half way to that box again. Once again, This pick combines FA and TA. Cryptos have given life's losers a chance. I'm a testament. Get focused, put in honest work and don't ever give up. The greatest lessons come from mistakes and you only fail when you've given up. Don't be the miner who dug his whole life looking for a gold nugget that everyone else was finding but him, only to give up a day before he would have found it... God Speed fellas.
Long
by switchedmode
6
DCR/BTC What Now???Hello Friends, Right off I just want to say that I am not into this trade but have decided to do this chart for those who seem stuck within this shit coin. So here we are, what is the next move? Well it surely hasn't been looking good since that last blast off with the spurring of the divergence seen on this chart. Is there light at the end of the tunnel? It really is hard to say, which is why I present two scenarios here. It is clear that the pattern here presents a contractring triangle and has completed its ABCDE cycle. Now is the critical moment of where it will go. Because of the bearishness of this coin it could easily go south. However the bright side is, RSI is in a buy zone and take note of the rounded bottom that has been created, highlighted with a parabolic green line. The fractal gives a current buy signal but could change in a day or two. Take note that the MACD and RSI are on an incline since it lowest point and there has been a bit of a shift in higher lows since the latest spike. Honestly it is really difficult to determine if this is a bearish triangle or bullish, thus the two scenarios are here for you to watch which way it plays out. Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you find this information helpful, then please hit the like button . Your support is appreciated. Thank you! CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype. Cheers!
by keifer
1
Decred / BTC Long DCR is a solid shillcoin with fundamentals from the likes of Rhett. Plenty of PR from Developers. DCR has fallen despite BTC's pump. I believe if BTC stabilizes, DCR will soon catch up. The rsi is oversold on the 4hr time frame w/ divergence between price action and RSI, as well as on a 10 count with TD Sequential indicators. I'm looking for my target to be hit within 5 days. While I could probably hold out for 40 satoshis more before stepping in, I'm starting a buy at 4390. I'm looking to cut past 4300. My 1st target is about 4600 for a 4% gain. A little more than a 2:1 set up.
Long
by dumb1ngus