DCRBTC trade ideas
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!
DCR playIf we break up out of this little wedge, we could see a quick 50% jump. Volume was strong on the break out, indicating strong support around the levels we're at now. Expecting greater volume on the breakout. Stop around 460k. Good luck!
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.
DCR/BTCPosting many charts for cryptocurrencies so I can later on see what I thought at the time, and what happened to the price
DCR Long Idea- Head n Shoulders formation.
- Daily candle over trendline
- entry after retest
- targets at fb retracements
DCRBTC is ready to GO!!!Positive news coming from Decred is moving it UP! The chart looks great-Kumo Breakout is happening
DCR Start move upDCRBTC
end his pattern movement bounced well from demand area we were set full analysis for this coin but forget to notice it again
so not late for join
Sl=0.00289410
TP=0.00634223 about 40 %
capital management is recommended
we ask Allah reconcile and repay
old updates
DCR last updates
t.me
t.me
t.me
t.me
current move
we Ask Allah reconcile and repay
DCRBTC Bullish Divergencenot official but Starting Lightning Network Support on 26th of november, and hard fork.
Exciting Decred updates - 100%+ profit projectionWith several exciting updates already lately from Decred such as atomic swaps, new exchange listings and upcoming ASIC support there seems to be an interesting future ahead for Decred. Especially considering Lightning Network support is on track will be released 'very soon' (Q4 2017 according to their roadmap). Ontop of all this the circulating supply of Decred has been decreasing due to people locking their coins up in PoS for staking rewards, which is something that will definitely be reflected on the price per Decred.
All in all, I don't see any reason not to buy Decred! However, I am nowhere near being an experienced trader so please always do your own research for your investments/trades.
Source: thedecreddigest.com
DCRBTC Bullish DivergenceDecred is getting a ASIC developed for it meaning when people start mining with ASIC on decred the difficulty will go up and it will be overall harder to mine Decred.
Lighting network releasing sometimes next week.
Decred trading idea with targetsVery bullish Settup. Macd RSI and Trendlines confirm reversal and upside movement out of this triangle.
DECRED MY LOVE FINALLY GOING FOR THE MOON they have a lot of fuel to go to moon, happy staking guys!
Decred/BitcoinDecred - maybe ACDC pattern, but a lot of people think it will go up, so for this time I don`t know if it`s good time for long or short position.
My First Trend line alert test on DCR/BTCpractice at alerts & publishing ideas
using two trend lines one to alert and one to trigger a buy
testing testing 1...2...3....major lee!
:)
Any crypto cannot be better than DCRnews : atomic swap DCR <-> BTC
technical analysis
: Other than this indication, According to my additional analysis, DCR is now trying to above neutral stage, meaning that it starts to sit on the launchpad.
Some possibilities - It could be flare again to revive altcoin market just like Jan. 2017. (Check DCR chart in 2017 Jan through late spring.)
recommend this coin as hodl coin throughout 4Q, as long as it's uptrend will be broken.
