DCRUSDT trade ideas
Decred DCR Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Decred DCR has a negative overall sentiment recently.
I have the following price targets:
DCR/USDT short
Entry Range: $29 - 31
Price Target 1: $24
Price Target 2: $19
Price Target 3: $18
Stop Loss: $35
DCR/USDT { DECRED } - BULLISH SETUPHello everyone.
Happy New year, though it's coming late.
It's been a while.
How are y'all doing.
Making profits, i hope.
I have an analysis on DCR/USDT.
Hope y'all find it profitable and educative.
ANALYSIS 🔎
- DCR /USDT hit an all-time high and retraced.
- The retracement was bounded in the falling wedge pattern which is a bullish reversal pattern.
- Price brokeout above the falling wedge pattern as expected.
- The breakout is retesting the falling wedge resistance and the key fibonacci retracement levels (0.618 - 0.702 - 0.786).
- We could see more upside from this zone.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the horizontal resistance (@39.8).
- Limit entry: test of the 0.786 fibonacci retracement level.
TARGETS 🎯
- Horizontal resistance level (@57.9).
- Horizontal resistance level (@70.4).
- Fibonacci extension level 1.0 (@85.0)
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
- This will lead to a test of the swing low (@19.8), implying a possible formation of a double bottom pattern, which is also a bullish pattern.
MIGHT CONTINUE UPthe selling looks over by TA, momentum is shifting and it might retest another ath.
DCR UP 200% after bullish signal 🚀🚀🚀 Now retrace?DCR pumped 200% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
DCR broke out of the bullish Zone of the Ichimoku Cloud, which is bullish. The RSI is in the overbought zone at 87. RSI Brown at 108. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently DCR is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely forming Leg B. The risk to reward right now to enter this trade is bad.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
DCRUSDT(DECRED) Daily tf Range Updated till 05-08-22DCRUSDT(DECRED) Daily timeframe range. this is an old alt with solid price action. how solid even tho bleeding days its held above from its low. it got decent volume but not much of retail interest. we can see some out of place moves in the chart and some wicks. so need to be careful on the higher peak moves. there are swing and range setups through out its levels. if the volume can stay stable maybe one can get those.
#DCR/USDT - Long - Potential 241.03%#DCR/USDT - Long - Potential 241.03%
Exchanges: Huobi.pro, KuCoin, Binance
Signal Type: Regular (Long)
Entry Targets:
1) 16.7-25.2 - 100.0%
Take-Profit Targets:
1) 33.9 - 25%
2) 44.6 - 25%
3) 72.5 - 25%
4) 85.7 - 25%
Stop Targets:
1) 9.9 - 100.0%
Entry Trigger - OnChain seems to be indicating a macro bottom (Glassnode newsletter did an excellent analysis yesterday on this) and DCR has major long term bullish triggers, mainly a weekly RSI trend break. Enjoy.
Trailing Configuration:
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Decred Trade Signal (114% Potential Profits)ENTRY: $22 - $24.5
TP1: $27
TP2: $31
TP3: $39
TP4: $44
TP5: $51
STOP: Close daily below $21
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Very low risk with high potential for rewards.
Do your own research before trading.
Patience is key.
It can take time for a pair to move; It can also move right away.
This is not financial advice.
Namaste.
Decred (DCR) formed a bullish Gartley for upto 1800% pumpHi dear friends, hope you are well and welcome to the new trade setup of Decred (DCR) coin.
Previously we had a nice harmonic trade on a short- time frame:
Now on a monthly time frame, DCR has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DCR 3XDCR has gone down to Dec. 2020 prices -- a bit similar to WAVES which is pumping right now. Plus, DCR's chart is full of flash pumps and suprises. The target should be $100 minimum.
NOT FINANCIAL ADVICE -- DYOR
Decred long term target ~$1000Hello Traders,
Decred has huge upside potential in the long run because of institutional interest.
ARK invest, and Grayscale already showed their interest. I think it can potentially reach a $21B market cap until Sep 2022.
Please hit the like button if you agree and comment your thoughts.
Thanks.
DCR bullish continuation patternHello Traders,
Decred pumped with good buying volume in the last few days, and as you see on the chart, the symmetrical triangle pattern is visible on LTF. IMO, it will keep up the bullish momentum in the next few days.
Please hit the like button if you agree and comment your thoughts.
Thanks.
#DCR #DCRUSDT #Decred many signals triggering for a move upwardsa perfect rounded bottom, Positive RSI and volume kicking in and Positive MACD crossing the 0 mark showing this could go up in the next 1-2 weeks. Next target $85 ( blue line) if it breaks this level then to the moon we go.
DECRED, MASSIVE Volatility, SILVER LINING To 100% POTENTIAL!Hello,
Welcome to this analysis about Decred on the 2-day timeframe perspectives. In recent times the Cryptocurrency Market moved to the south and many Cryptocurrencies developed critical bearish movements. In such phases where the future of the marker looks increasingly uncertain, it is necessary to spot the Cryptocurrencies within the market that are showing up with potential. Therefore in this case there are the anticyclical movers that are developing important formations which can convert into worthwhile setups to move forward with. In this case, I detected that Decred has recently completed the main Descending-Triangle-Formation with a Massive Breakout above the upper boundary and increasing volatility above the boundary as it is seen in my chart. Now that Decred has shown up with such an extraordinary decisive move this completed the whole formation and Decred is setting up to continue in the breakout direction. Also, Decred has this main Ascending-Trend-Line which is a crucial support and also has broken out above the 50- Moving Average which is great support now. With all these factors Decred has a great setup to continue further with and reach out to the target zones as marked in my chart. When Decred also manages to continue with a new formation in this target zone there is the possibility given that Decred continues in the Bullish-Continuation-Zone marked in green, it will be an interesting development.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
Possible Break out on the daily. If we breakout pass $90 which is the daily down trend to the moon we go. DYOR. Trade safely.
$DCR Forming rounded bottomRounded bottoms pay the bills babyyy
Let's gooo, ape responsibly and use SL
Cheers,
Nav
DCR/USDTDCR Received Short Signal , but wait for the best entry point because signal is 100% so there are chances that price will pump patience is required
Not a financial advise
Hit Like
Decred is About To End CorrectionAs we can clearly see Decred on a Weekly chart here, it's about to end Wave 2 Zigzag correction.
But the Bulls will not take charge until the break of Resistance 1 level at $66.8.
If the break happen, it should be ready to enter Wave 3 impulsive move soon.
DCR giant falling wedgeAs we can see, the bearish chart patterns turned out to be effective on DCR Decred.
But the best is yet to come. DCR is forming a giant falling wedge and now has found a strong support.
Until the next bull cycle, i think it can play inside this chart pattern heading to the $80.70 resistance for now.
Looking forward to read your opinion about it.
Trading Signal for DCRUSDTOn H4 DCRUSDT has broken above the major resistance and the retest has been successful already. It has been making HHs and HLs in the bullish channel. The last large green candle indicates buying pressure from the buyers which can boost the pump.
💎 DCRUSDT
🔵 Entry zone 62.0 - 66.6
🟢 TP1 71.0
🟢 TP2 81.0
🟢 TP3 89.0
🔴 SL 58.8
Good Luck 🎲
Decred DCR Price Targets and Stop Loss DCR/USDT
Entry Range: $60.80 - 70.20
Price Target 1: $80.50
Price Target 2: $105.60
Price Target 3: $148.10
Stop Loss: $45.70
Is Decred $DCR going to pump soon ? I think DCR is going to pump hard soon it started to breakout from the +7 month downtrend line it also has a very good accumulation it can hit +100$
Not financial Advice
DCRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price is now moving close to the S1 line. We expect the price to receive support at this line and move up to the R1 line which has rejected the price several times. If the R1 line is broken, the price can move up to the R2 line which is a strong resistance area. If the S1 line is broken, the price will fall more. But we expect it to receive support there.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
