DCRBTC trade ideas
DECRED again - Obsession Here is another chart reevaluating trend possibilities. deCRED is a Top 10 Coin ... pretty much the billion dollar club, it may have a chance to be worth at least a quarter of a bitcoin but due to its evolutionary nature, it has unlimited potential, who's to say that it may not one day match or surpass bitcoin? Ether is leading the way to do that but way too expensive... yea I said that back when it was $5 also. This coin has me obsessed like when I promoted the hell out of Bitcoin when it was $235 recently. Too excited... need to calm down. Good Night Friends!
Decred ready for a move upwardAfter an extended consolidation period, Decred has pushed outside of its pivot points that were compressing it, and it is readying for its move upward. Decred is likely to move to .02 and then onto .03 within the next few weeks. The extended consolidation period has built a very firm foundation of support for these moves and we may even see price extend all the way up to .04.
Decred one of the most legit crypto projects.Decred is reaching consensus on LN network tomorrow:
voting.decred.org
This is such a fucking no-brainer buy. Just fucking buy it and hold.
Circulating Supply
5,075,184 DCR
Unique consensus mechanism
Might be BTC of the future
If you don't buy and hold this you are a fucking idiot. This is a 100$+++ coin.
I'm personally holding for a few months.
DCR Tea Time?I saw that wolfe wave form (green and light blue pattern), but it failed to break out of the pink triangle. The wolfe wave consolidated into a cup and handle (dark blue) and broke out of the pink triangle. Now I see a larger pink cup and handle forming, hopefully this will break out of the turquoise triangle...otherwise hopefully it bounces off the golden trend line and continue upwards. Comments welcome!
50EMA crossing above 100EMA 3h TFStill just a noob here.
Trial trade, using this to document this trade mainly for myself. I like watching the 3h charts on crypto so that is the TF used for this trade.
Been waiting for a clean crossover of the 50 & 100 EMAs
RSI is high, so taking half my normal size trade.
Used a stop to enter, hoping to catch a breakout or some upward momentum. It worked, somewhat.
Entered @ 0.012606 and price did rise quickly to 0.0128 but fell just as quick
longterm trade so no worries yet...
stop set at 0.01155747
target 0.02 - seems high and I may reconsider
Decred - Ready to move?Decred has performed very well this year, however, it has been in a long consolidation period over the last few weeks and looks ready for a breakout. Target of local high, and potential movements based on past pumps outlined, (market may be slower this time round with the much bigger marketcap).
Note that there is low volume on Decred the majority of the time as the spikes up are often market buys. I do believe the volume will come eventually, and the fundamentals are in place for Decred to have a good year; new privacy feature in the coming months, roadmap set out with lightning network integration a priority, and the voting mechanism that gives Decred the governance edge has been implemented in the last week or so, with the choice of lightning network being the first proposal.
Set your stops if you feel it appropriate to do so - I personally am riding this out without stops and will sell on pumps (and potentially buy more on the dips, whilst the alt bull environment remains intact).
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