DCRBTC trade ideas
TRADE IDEA: DCR BTC LONGDCR 4hr & 1 day MACDs looking like they wants to cross bullish. Triple bottom support near current price level. RSI moving up from 40 through 60 on 4hr time frame with increasing volume.
Uptrend DecredHellooooooooo, friend.
Decred started shows the beginning of a bullish trend. Above an inclined line, we inevitably set out for the next. After the last line sloping, we will look for the targets. There is a possibility of reaching the moon, however you should always follow the stop order.
DCR Short on IC, Stoch, WT OscI'm looking to pick up DCR between .006-.0075. Privacy features are coming soon. But until then, I'm short. We're above the cloud, and other indicators suggest we need to find support levels before launch. I'd suggest taking profits from ETC in the next 2 weeks and use those to buy more DCR.
DRCBTC - Some Bullish ActionDecred is look quite bullish to me. We have:
* An ascending triangle
* A golden cross
* Some positive candles recently
Look for a break out sign. Upon break out, expect it to go to 0.0165.
Decred VS Bitcoin Uptrend ContinuationFollowing the previous idea on Decred VS Bitcoin , the price hit the upside target at 61.8% Fibonacci retracement, that is btc 0.0073. Not only it reached the target but broke above this resistance levels going up to btc 0.009.
Following corrective move down resulted in the previous resistance at btc 0.0073 being rejected twice, after which DCR/BTC produce another higher high. The continuation of the uptrend seems imminent at this point, where Decred could reach the upper trendline of the extended descending channel. The 361.8% retracement corresponds well to the channel trendline and price should aim for btc 0.012 area.
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.
DCR To the MoonBullish - DCR to the Moon
1. Volume is increasing.
2. Golden Cross on EMA 50 & 200 on Daily Chart
3. Ichimoku Cloud is turning Green Daily Chart .
4. Kumo Trist on Daily Chart
DCR updateDcr
Show weakness after touching weekly resistance at 0.00812000, next retest point at 0.00542319
if you don`t follow our active signal from 0.0033 follow this retest point and you can from it
capital management is recommended
we ask Allah reconcile and repay
Active analysis
DCR Pump incoming---NEW TO CHARTING---
MMA's are converging which signals a big move upcoming, considering the following point it looks to be a big pump:
- low supply of the coin on the market
- stoch RSI and RSI have room to swing upwards
- my bags are due a pumping
Thanks for reading!
DECRED is great invest $btc $dcr $decredMACD curving up and great volume
Need breakout confirmation
Hold is a good idea
DCR/BTC IDEAThis coin has been experiencing a healthy rise in popularity due to its solid developing team, hybrid PoW and PoS mining, among other factors, and its showing strong resistance to downfalls unlike other cryptos. Keep in mind this is a coin I intend on investing long term, and am currently looking for good entry points to maximize profits in the future.
So what do we see from this chart:
Price is flerting with the downtrend line, and I belive a correction in price is due for some time now. DMI- and DMI+ crossover, MACD crossover and RSI fall gives us a bearish sign for the momment. But again, this is a solid coin that has been resistant and showing great healthy improvement for the past months, so I wouldn't expect a very sharp fall in price.
We can use the following indicators to try and predict where it can drop to. SMA 100 and Fibo 0.50 form a solid support zone right under the downtrend line, and if price actually breaks that line, this could be a target and a very good entry point. Personaly, i'll be watching this coin closely, and if the afore mentioned happens, i'll get in big and hold for the long run.
Share your thoughts and ideas please, and feel free to correct me.
Daniel
How to trade DCRI clearly see fib 0.618(0.00859061) as a first target. If price breaks channel upwards we could expect next fib floor. On the other hand, if price breaks channel downwards we need consider selling.
Stop loss 0.00565 needs to be tightened as the time flows.
DCR/BTC- Bullish PlayDecreed is a slow mover. Price has broken a downward resistance trendline and has made a HH than the previous. There fore my bias is now bullish on this coin until price action tells me it's not.
Buy on the retest of the red resistance line 0.006627 (ish) on a lower time frame and take 1/2 off the table at the first target. Then hold till the 2nd target its reached skimming 25% off the table then hold the rest. You have covered your risk and pocketed some money.
DCR going upIt's testing the triangule support right now and if it handles, probably will bring a lot of profit
DCR Another tour in Bullish trendDCR
from the summit to low, are gained profit from DCR about 145 % until this moment and still active, but when DCR Start real bullish movement?
This is answer simple and clear, just close 0.00725947 u can say yes uptrend confirm.
what about now?
you full free to buy it just follow capital management we have an open trade from 0.0033 and this signal number 3 for DCR.
Targets.
(1) 0.00725947
(2) 0.01028257
(3) 0.01622260
Stop limit
0.00285735
Tax for lazy
-you join late with risk about 40% if you follow us from the beginning u are in safe point signal number 3 active from 0.033
-Risk/Reward for lazy traders
40 % / 230%
-Risk/ Reward for active traders
14% / 385%
be active and keep your eye on updates.
Tip of the Day.
Do not take your decision and you are angry, anger may destroy everything.
Capital management is recommended.
we ask Allah reconcile and repay.
previous analysis
Decred / Bitcoin At The Very Bottom?During the past few weeks, Decred lost to bitcoin almost 60% while moving from btc 0.007 down to the current low at btc 0.0028. A very sharp decline was stopped at the 88.6% Fibonacci retracement level applied through the all-time high and all-time low.
At the same time, DCR/BTC tested the lower trendline of the descending channel for the second time and these facts could indicate that Decred is either at the bottom or very close to it. The possibility of more decline remains, but if this will be the case decline should not be dramatic.
Overall, there is the support around btc 0.003 psychological round number and the trend reversal could be on its way. Its rather early to say that with the confidence, but for those who like risk, the opportunity might be there already. DCR/BTC first strong resistance is at btc 0.006, second btc 0.007, and if 61.8% Fibonacci level is broken more growth could be expected.
DCR confirms possibility of long term uptrendMy simple DCR/BTC TA without voodoo. Previous resistance down trendline became support. Chance for a long term uptrend. I use BTC/DCR instead of USD/DCR like most because that's where the majority of volume is generated. This is the only kind of TA that makes sense IMO (go back to the basics, as Jason Stapleton teaches).
Decred - Bullish CypherWe're looking at another cypher pattern but this time on the 1h chart with DCR/BTC, this is an excellent long opportunity with 1:2 risk to reward!
The D point forms above trendline support on the 4h chart as shown below, I'm expecting price to stall out on this level or at completion of the pattern.
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
Feel free to share your own analysis below, and as always trade safe!
Decred versus Bitcoin - Reversal PatternDecred found the support at btc 0.0033, where it rejected the 527.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout.
Following the support rejection, DEC/BTC started to move higher and broke above the downtrend trendline and 200 Moving Average suggesting the reversal of the trend.
A double bullish divergence was formed fist when it bounced off the support and second when it bounced off the downtrend trendline on a corrective wave down. So far all the facts are in favour of the potential trend reversal where Decred should start moving higher against Bitcoin.
The very strong resistance is seen at btc 0.0085 where two Fibonacci retracement levels are crossing as well as it corresponds with the upper trendline of the descending channel. Only a daily close below btc 0.0033 should invalidate this outlook.
