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DCRBTC trade ideas

DCR/BTC BREAKING out of the long-term downward channelFUNDAMENTALS: DCR released its PRIVACY recently: twitter.com Which is major news, it means that ZCash and Monero have a new competitor now. But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance. They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems. TECHNICALS What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart. This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it
DLong
by Tivra
1
After Bitcoin and Litecoin, a new safe haven: Decred !I will introduce you not a successor BITCOIN in the sense that it could eventually replace the latter (flippening in jargon) But a continuation Bitcoin intended to be an essential store of value alongside Bitcoin and Litecoin! This "BITCOIN SUITE" as it was originally called, was created by some of BITCOIN's talented developers, especially by the well-known Charlie Lee, also co-founder and developer of LITECOIN. In 2016, it was renamed DECRED, for DECENTRALIZED CREDIT, to underline its desire to be much better decentralized than is Bitcoin. I'll detail the fundamentals in a future post, and why if there was only one cryptocurrency to HODL, it would be obvious to me DECRED ! In the meantime, here's on the chart my entry point, and what appears to be bullish chartist indicators All the better if the entry point is better for those who are not already on DECRED, but it isn't very important as a means of saving for the long term... the main thing in my opinion is to have one, and it is now easy to obtain several DCRs out of the only 9 million available (21 Million futures like BITCOIN) DECRED is available in particular on BINANCE. See you soon for the rest of this presentation! If you like the idea, please push like and subscribe, it motivates me to post ideas more often.
DLong
by MaxHodler
Decred (DCR) Primed for Trend Reversal, LONG PositionLooking at the long term log chart for Decred/BTC, what do we see? We see that we're now touching a line that has been touched 4 times now, so it has a strong "magnetic pull" both + and -, we're bouncing off of that line now We see that if now is the time of reversal, a possible target before retracement is the previous ~0.018 BTC ATH DCR fundamentals (development, characteristics) should position it as a top 10 crypto in the future, because of its unique hybrid design Moreover, "staking-as-a-service" seems to be gaining traction (Coinbase, Staking.us, etc.) and DCR could lead that trend If you observe popular crypto personalities and traders, many like Murad Mahmudov begin speaking about Decred as the only competition to BTC This is a unique chance to catch DCR before it gets big.
Long
by Tivra
2