DCR May Go Up Again*Fibonacci Fans
*Trend Based Fibonacci Extensions
*Fibonacci Retracements
*Triangle Patterns
*Regular Trends, Supporter and Resistances
My Signal Bot Project: t.me
DCRBTC trade ideas
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).
View of 4hr
Decred new waveDecred trying to break the triangle on solid volume after large market buy.
Looking for a daily close and hold above 0.011 to confirm breakout.
RSI and MACD on hidden bullish divergence
Decred Falling Wedge ReversalA falling wedge reversal indicating a bullish signal. Waiting for resistance break at .012 to confirm bullish trend. If so, slight correction to test new support at .0096 - .0098. Looking for volume expansion for strong upward trend.
Trade entered at .0094
TP1 at .015
TP2 at .02
DCR Alien Abduction Pump Tunnel -- AAPTIt may sound crazy, but DCR may hit a pump tunnel when HF voting ends / accumulation season is over.
But, that's not in vain. DCR is well known by his weird movement patterns followed by LONG accumulation seasons.
I recommend you to not sell your DCR now unless you want to lose the show which is about to come.
Long DecredDCR 1D seem 2 bottom pattern. Its will going up this month. Buy and keep!
Dung quen Decred - Thuy thu mat trang dang an minh. Cu pump lan thu nhat hoi thang 3 dang chuan bi support cho co hoi thang 6 voi nhieu tin tot lanh tu DCR. DCR da tao xong mo hinh 2 day o 1D va cho tin hieu pump. Da va dang co nhung cu pump thu nghiem nhung chua phai pump chinh thuc. Gia hien tai la hop ly de mua. Ban co the order thap hon nhung neu khong ngan ngai co the ask gia vi no se khong khien ban that vong
Decred is just getting started.DCR has been repeating the same pattern since it's early-January pump...so predictable it's not even funny. First two pumps were up 200% and the last one was up around 600%. We're nearing the end of a long consolidation phase...but consider this:
DCR
Current supply: ~ 5,800,000
Total coins locked up for developers (not on market until next year I think): 800,000
Total coins locked up in staking: 2,070,000
Current available supply to markets: 2,930,000
Total market cap on coinmarketcap.com: $121,307,000
You're welcome to double check these numbers, this was pretty close I think. Decred is still VERY young compared to other projects, it's sitting at #29 most valued when it should be in the top 10 EEEAAASSYY. It has the unique feature of governance baked into the protocol, no other coin can do that ATM. Great dev team, growing community, Exodus wallet soon, first mainnet hard fork and voting complete soon, Lightning Network integration soon. There's also a guy named @dangermouse117 who is one of the brightest analysts in the cryptocurrency space, and he has said this is one of three coins that he hodls. He also believes projects with governance at the protocol level will be the ones that last the longest.
Point is...we're in another low supply, bullish as fuck flag scenario just like the last three pumps. Bitcoin is likely to dip soon. Decred is here to fucking stay. I'm not selling until .06. That's about $150 and would put Decred at a $750 million valuation. If Dash can do that, the piece of shitcoin, going nowhere project that's about to be kicked to the curb with Lightning Network on LTC, with masternodes that lock up the supply...then this should be no problem.
TARGET 0.06
This is my first chart, and I have no idea how to use the commands correctly. Please be nice. Any polite but constructive criticism on how to improve would be much appreciated.
DCR longAside from great fundamentals, this chart looks to be setting up for some powerful moves higher. Watch for triangle breakout with strong volume to confirm the move
I don't think this quietness will last one more night. DCRDecred is one of the nicest crypto in this all ecosystem. It hasn't really pump since a while now. IMO It was just a long period of accumulation with some serious buy spike.
Check about it, make your opinion and follow me if you think it's worth to.
GL
