DCR following the script from last bear/bullDCR is following the same script from last bear/bull, I numbered each important move from 1 to 6. Recently (moves 5 and 6) it has done the same kind of fake breakout into bullishness and then retest of the bottom as last time. We are on the brink of a major reversal and ascension to new highs. Remember DCR drastically reduced suppy (PoW reward to 1%) and most of it is locked in staking, which will cause a major supply shock.
DCRUSD trade ideas
Possible macro bottom for DCRDCR is one of the very few early coins that printed a macro higher high during their second cycle.
Clear monthly range and currently trading near range low.
A reclaim of $19-$20 on the weekly would look very promising.
Range low > mid range > range high.
BTC going parabolic is my only doubt though, because it could crash the entire market the moment it does a proper correction (both in price and time).
So my invalidation is a break of market structure on lower timeframes, not necessarily a break below monthly range low.
DCA on DCRDCA on DCR
I accumulate every time we approach or enter the green box for a new ATH in 2024/2025.
Be patient.
DCR has been suppressed for 2 yrs, now it is COILED SPRING modeDCR is a project that has had massive technological progress but has had a problem with Chinese ASIC miners dumping all inventory, suppressing authentic price discovery. However, this Golden Cross signals a major reversal. DCR has been sometimes compared to a "coiled spring", waiting to jump upward like crazy. The golden cross signals this moment. I believe we will see at least a 20x in 2024, similar to what we saw in 2021.
DCRUSD - Falling WedgesFalling Wedge structures on chart
Prior one led to a large breakout
Possibly will see another large breakout from this second wedge
Cool chart
$DCR will touch 500$ in next 2 years #decredSo, I won't tell so much about this chart, and about upcoming updates and Bison Relay in the ecosystem of decred, just remember it.
DCRstill macro bull. not going to believe that this coin enters a macro bear market here after making a higher high and in a bull flag.
Decred: Get Up!Decred should be done relaxing on the yellow beach strip between $35.04 and $6.98 – or rather on the support at $19.87. As the altcoin has already finished wave (2) in yellow, we expect it to get up and hop above the resistance at $84.82. Once there, Decred should gain enough upwards momentum to make it above the next mark at $191.48 as well. However, there is a 45% chance that the altcoin could drop below the support at $19.87 instead and develop a new low in the course of wave alt.(2) in yellow.
DCRUSD held the 1D MA50. Path to the 2022 Resistance Zone.Decred (DCRUSD) is staging a short-term rise after holding the 1D MA50 (blue trend-line) as a Support since the August 19 pull-back. The 1D MA200 (orange trend-line) is the first Resistance but this has already been broken on the August 05 spike, which was though rejected near the 1W MA50 (red trend-line).
Those are basically the next pivot levels with the ultimate test being the 75.6500 - 86.4000 Resistance Zone, which has been holding for the majority of 2022.
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Decred Pitchfork 2.0It's back. The Pitchfork 2.0
I'm injecting that hopium directly into my veins. That top trendline has got to hit.
DECRED: SAME MOVEMENTHi guys, since lat time Dcr has moved like the previous bear market.
This time will be the same?
Let's see, i think the probabilities are high.
⚡️ #DCR/USDT - Potential 400% ⚡️⚡️ #DCR/USDT - Potential 400% ⚡️
Entry Conditions:
- Daily RSI Trendline Breakout
- Bullish Divergence
- RSI Daily Oversold
- Higher Low
Entry: 16.7 - 25.6
TP1: 32.9
TP2: 44.6
TP3: 72.4
Yolo: 85.7
SL: 9.9 or HOLD
Decred is on the way to 1000$ in 2021?I see many fundamental changes on the network implementing new 1.6.0 version and new features. Decred is stronger than ever! It looks like big bullish flag on weekly chart is playing out. I see that the 3rd or potentially super 5th way would lead the price to ATH and price will be around 1000$ to the EOY 2021. Press like comment and subscribe!
DECRED: MAY'S UPDATEHi guys, seems that Dcr are forming a falling wedge pattern, and as you can see the minimums are growing slowly.
If price will break the support, i don't know, but if it start to rise, check my previous analyse on Dcr, can be very usefull.
DECRED: THE NEXT WAVE WILL BE...Hi, i never posted about Decred but it's one of my altcoin in portfolio.
Today has had a huge spike that it's impossible to not see so i want to share with you that today the volume is increased by 10x, from 6million to 60 million.
But why?
Well, probably because in 3 week block rewards will change, so let's see if this help the price to rise or not.
If not Dcr will follow other altcoin and Btc below it's ciano line, otherwise if rise above the red, not now but in the coming weeks, well will be very interesting.
Will DCR Coin Price Test The New All Time High In 2022?On the weekly chart,Decred coin price is trading in a consolidating range and can soon see a pump to a new high in the future. On the day by day chart, the asset is currently to jump for a new high in the future. The potential gain move of DCR might face a setback near $80 . In the interim, on the disadvantage, the asset can see a setback near the value of $50. The resource cost is as of now exchanging underneath the 50 and 100 Moving Average with a negative hybrid in the future. The 100MA (RED) line is at $85, which can act as a temporary support for the price. On the off chance that the DCR value moves 20% above the current levels then a strong momentum can be seen. DCR/BTC pair can also see a momentum to a new high.
deCREDThis one is an update for my dad that believes all the morons on tradingview. deCRED has probably the most bullish chart of any cryptocurrency. A massive bull flag and the fractal is playing out perfectly with another adam and eve bottom at the termination of the bull flag. My target is $6,000 in May 2022 where the bull run will end and we will enter a bear market. Thanks for playing. Long term target for deCRED is $250,000 end of this decade.
BULLISH DecredDECRED looks great imo. drawing a nice symmetrical triangle on declining volume AFTER sustaining support for weeks retesting the previous ATH. when we breakout, we will be gunning for 370 from here. looks really good
Decred Into The FUTURE!A LONG TERM overview on $DCR
Formed a MASSIVE Rounding Bottom Pattern that will result in a final impulse move. Around 1200$ is possible this cycle. However.... I think the REAL BULL PHASE will begin approximately 2 years from now!! Because of increased regulations and surveillance for citizens, crypto will take a hit, BUT privacy coins due to their anonymity will offer a BETTER ALTERNATIVE OF UNTRACEABLE MONEY which will cause a huge demand for them during that period. The price will therefore increase and "PRIVACY COINS SEASON" will begin
Wyckoff re-accumulationDecred may be in a variation of an alternative wyckoff re-accumulation cycle right now. It's showing many similarities to the first schematic with a few variations in it. I believe it's shown a Sign of Strength and is at the initial Last Point of Support right now.
Quickie DCR/USD LongAltcoins will explode after Bitcoin reach ATH and start crashing.
Till then , bitcoin has to make his magic first.
