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Decred / Bitcoin

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DCRBTC trade ideas

DECRED ONE MORE TIME! Decredo is great poject, DCR/BTC BITTREX! DECRED has been retracing and looks like it is finding its bottom so we are awaiting another dump as it still did not get out of its downtrend however our next support is quite strong and we should be expecting at least a pump of 20-30% which is I would say not bad for the current situation in the market not much upward movement at all but I think by the time DCR finds its support at 0.0057 BTC area the market will also start having some bullish momentum. Good Luck, traders! #moon #mooncommunity
by farhadjafarov7
2
A trading opportunity to buy in DCRBTCTechnical analysis: . DECRED/BITCOIN is in a downtrend 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 31. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the support zone (0.00687 to 0.00570), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00687) Ending of entry zone (0.00570) 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= @ 0.00801 TP2= @ 0.00854 TP3= @ 0.00970 TP4= @ 0.01117 TP5= @ 0.01230 TP6= @ 0.01454 TP7= @ 0.01773 TP8= @ 0.02179 TP9= Free
Long
by ForecastCity
A trading opportunity to buy in DCRBTCTechnical analysis: . DECRED/BITCOIN is in a downtrend 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 31. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . Price is in the support zone (0.00687 to 0.00570), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.00687) Ending of entry zone (0.00570) 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= @ 0.00801 TP2= @ 0.00854 TP3= @ 0.00970 TP4= @ 0.01117 TP5= @ 0.01230 TP6= @ 0.01454 TP7= @ 0.01773 TP8= @ 0.02179 TP9= Free
Long
by ForecastCity
$DCR - Decred Daily Analysis - BittrexWe are finding ourselves in another support zone for Decred here. The issue i see as we have touched this zone a few times this week alone but the 10 day moving average has been a heavy line of resistance for Decred but as it slowly moves down into the support zone, this may act like a squeeze and either we will find support here and get a breakout above the 10 day or we will break through support and continue the trend. If support breaks, the next purple zone is the weekly support below. I am waiting to see if current support holds and we break above the 10 day before looking to make a purchase.
by UnknownUnicorn2091450
Decred/Bitcoin - A Good Rally ImminentWe want to officially welcome you to our first Trade Recommendation post. To keep up to date to our posts, sign up . DCRBTC started to rally around 30th May, 2018 at 0.00570000 and hit a high of 0.01496240. We've had a quick turn around after price wasn't able to climb above this point. Recently the pair hit 0.00908000 and had a quick bounce as bullish market participants drove price high. We believe this pair has a good setup for higher prices The RSI had a quick bounce which indicates eagerness to see higher prices and the long term resistance seems to be turning support. Another bounce off it or no touch of it at all again will confirm this. The MACD had its crossing with the recent price bounce and looks to still be heading up. Our current uptrend line is also very much intact. Considering Bitcoin's recent bullish moves and our forecast to see $8,000, we believe this pair is going to see higher prices. This is how we would recommend interested participants to trade this pair: Buy : 0.00980000 - 0.009850000 Sell Targets : 0.010330000 | 0.01250000 | 0.01440000 Stop Loss : 0.00900000 Current Price : 0.009840000 Period : It'll take about 2 to 6 weeks to achieve all targets Note : When target are reached, selling is not supposed to happen. Only sell when target is broken up about 5% and price drops back down to previous target.
Long
by CryptoPro400
Decred is looking positive againCoin of the day is Decred One of the few coins that have been drawing a bullish chart since the beginning of 2018. The reasons for such positive behavior are complex: the primary idea of Decred team – to fix the main governance problems of Bitcoin, trustworthy team and the promising roadmap, it's all matters. 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. The coin is based on Proof of activity (POA) algorithm, an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network. Technicals Correction of the 0.015 high, which was reached on the 15th of July, seems to start turning around recently. After the breakthrough of the Bullish Resistance, DCR showed a sustained growth for the last three days, breaking above 0.001 level and 100-days EMA on the way. For now, the coin is trading on the 100-days EMA, and if the price manages to hold on above this level, we could see a further growth to the next resistance at the 0.012 level.
Long
by DestinationMoonCrypto
Decred VS Bitcoin Long Term Uptrend is ValidSince 8th of December 2017, Decred has established an uptrend, while price continues to produce higher highs and higher lows. On the 15th of June DCR/BTC reached the btc 0.015 level and then correction down started. Decred approaching 76.4% Fibonacci retracement level, which could be the bottom of this corrective wave down. Since the uptrend is valid, buying opportunity has already presented itself, but at the same time DCR could go slightly lower. While Decred stays above the btc 0.0084 support, uptrend will remain valid and the next wave up could bring the price up to the btc 0.032 resistance area, which is a potential 260% growth against the Bitcoin. But break below the btc 0.0084 support might send price lower, towards btc 0.0056 area, and only then continue the uptrend. Only break and close below the btc 0.0056 support could invalidate long term uptrend, where range trading could start.
Long
by CryptoPAMM
1
Either we drop 50% or roll to 1500% by the May 2019!At the current rate of growth, we could be seeing grand growth for this project. We do have short term corrections, that are bound to happen here. We are also in ascending wedge, with possible macro ascending triangle. So now probably is not time to enter, maybe after small correction, but i don;t know all of the news, so we might have an actual break out. Either way crazy that by mid 2018 this coin could cost $1500? We could also drop 50% in value just as quick, if D is correct. ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If you want your coin to be analysed, please PM me. Thank you, Ajion
Long
by Ajion
15 June -> Long on Decred (Day chart)If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend. So Decred has been making an amazing uptrend, despite that almost every coin went down. The bears tried to push the price down by two times, but meanwhile you see that the bulls are squeezing the bears into the corner. This will lead to a continuation pattern, which is the ascending triangle. The setup for this trade will be: - The stop loss will be the support line of 0.01436059 - Target could be 0.01771530, but anything can happen on this way, that’s why I am going to update this chart until I am taking out my position. ALWAYS keep in mind! That this is NOT an investment advice, but an analysis . You can do whatever you want with this information, so trade at your own risks!
Long
by RB-30