Testing the Symmetrical Triangle$DCR Testing the upper trendline of the symmetrical triangle that we charted some days ago.
Touched EMA200 on the 6h chart & bounced back, but we are still on a Buy Signal from the UCTS. MACD and RSI are OK.
Set alerts around 4965sats and wait for bigger volume confirmation #DCR
DCRBTC trade ideas
DCRBTC-3D TF AnalysisI have tried best to provide most possible scenarios in coming days
Make sure to read it carefully
Currently the price is confined in large falling wedge (which historically beaks upward in most cases) and a bear rising wedge (which historically breaks downward in most cases).
Let first read carefully the case for Falling Wedge
1. The black line is acting as a strong resistance along with the red line as short term resistance
2. The break through of black and red line with significant volume will open the doors for bulls to push the price upward
3. The yellow circle provide a confluence with falling wedge support where buyers can take more interest
4. A 3D candle close above black and red line is much more significant
The case for Rising Wedge
1. If the price fails to break falling wedge resistance, it might validate the rising wedge scenario
2. Failing to break falling wedge, the price can broke downward that can lead to next support (S2) where buyers should jump in
3. The rising wedge scenario will become invalidated with a 3D close above the red line
MY PERSONAL THOUGHTS
I am personally looking forward for the falling wedge scenario in near future
Thanks
$DCR - Bullish Break of the 50D Ema? - 1D FractalHere is a $DCR trade (fractal) I'm eyeing as $alts begin to look bullish
Its an identical looking setup that I was trading basically all through Aug-Oct.
If you want a combination of rock solid FA & TA for a project here you go
Accumulation > Breakout & retest of 50D Ema > Alt Season? (jokes)
Looking to target and capitalize on the initial breakout and any run up that follows (while being patient and not rushing any entries)
Trade safely as we're still in a bear market,
@CryptoBarTalk
DCRBTCAbout to cross thee 200 ema Buy in at blue line / green box, for breakout!
This is not trading advice, these are my Ideas only, I'm not a trading adviser.
$dcr we used to use fibs one timebefore all these rectangles and x marks liquidity pirates came along
good luck
Comparing the downward trend from late 2016I am not a trader. Just noticed a similarity in the downward trend from 2016Q4 to 2017Q1 and decided to plot it out of curiosity.
Decred not looking very good#Decred not looking very good... while on the big picture we could say its a falling wedge or a descending channel, volume is really low for a 150m market cap coin. To make a comparision #Lisk with same cap, has 4x daily volume... $dcr #dcr
zooming into current weeks: I see a descending broadening wedge for decred but again no volume... I think it will retrace to 0.0037 levels and try to find support there... . Alerts around 0.0052 - 0.0037 will work.
About the Ultimate Crypto Trading Strategy script, If you’d like to test the trading script in TradingView, I can give you access to a 10 days trial also check our discord community for script users (discord.gg/stdU3ua) .
Also, don't forget to visit my website CryptoNTez.com to check out other products, tutorials and more!
DCR Trend Break A nice break out of the triangle today. It spent some time consolidating in the middle before going for the break.
Dcr/Btc still going lowerDcr/Btc still seemsto have a bit lower to go. Keep a close eye on the 3.618 fibb area because it could turn north there but if that area doesnt hold then i would expect the full retrace all the way down to the 4.23 fibb. As always dont rush into anything and protect ur crypto.
----If you would like to learn TA the proper way leave Me a message----
------If you have any coins that you would like Me to check out just leave a message and I would be more than happy to check them out for you------
------If My charts have helped you and you are feeling generous-tips welcomed :) thanks------
Btc- 1HrzkkMTJZHvLxgutmNT9qNAussZwSBrf8
Ltc- LNhiQ2uEjUhy8UwmXUk1sgA9ZSXqSBkKRV
Eth- 0x85a2db972B76b8d8eAB52F77aB499CD5F74eDfaF
Bch- qr44ltflnphqprc34lmg9nz5zcr6dy0wdcqvx3q9u8
Iota-XTFHKGXUVPTQXFKLWDILPIYASLUIMK9GIJOGXACLEIPIOJI9LVYPGWDYCREXZCEYZ9MZLJJXPYDMRWWTYOYRKBZCCW
Decred (DCRBTC) Trying to break channel -Bullish (+40% PP)
Decred (DCRBTC) has been trading within a descending channel since the 22nd October. We are looking now at an attempt to break this channel.
If the channel is broken, you can expect a strong move up.
- Increasing volume.
- RSI going bull.
- Challenging EMA10.
More details on chart.
Thanks a lot for reading.
Hit LIKE for more analysis and very profitable trades.
Namaste.
Something positive about Decred Currently we are in the bottom of the channel and it looks like we have found a stable bottom and the next target will be upwards. Similarities with the last pump.
Tezos xtz dcr ethYou can use other exchanges for each coin and certain tops/bottoms for fibs. you get the idea.
Some ppl hate fractals, Manson, im looking at you.
Other ppl keep buying on the parabolic down/fib targets and waiting/praying.
You choose.
when i get more btc, xtz will be one of the coins ill be buying in 'bits' when i can.
DCRBTC BUY AND HOLD DCRBTC DCR BTC IN OVERSOLD CONDITION SO IT WILL TOUCH AT LEAST 8.44% BUY NOW AND WAIT IT CAN GO MORE BUT ATLEAST 7-8% IS HIGH CHANCES
DCR - bright futureDECRED is winding up for a massive bull run as soon as it clears the resistance right above it.
if you like Fibonacci and EW then you'll look to buy DCR at 0035where support and math lines up.
DCR around 0035 is a must buy for any fibonacci/elliot wave fans
DCR/BTC Trading PlanTRADING STRATEGIC
BINANCE:DCRBTC
Chart Analysis:
-Chart Time frame: 1D
-Time Frame: 3D
I have been observing this coin over days, slowly but surely has been growing upward momentum, forming a ascending triangle. It also has formed several upper long wicks which can be interpreted as strong rejection or buying power vs small liquidity, meaning players are getting in to the game. another perspective of this formation can be a bearish flag. Either one, I am expecting a bullish breakout of this ascending triangle in the coming 3 -5 days but having in mind that we are in a bear market therefore I have set a tight mental stop loss.
Indicators:
-RSI: coming out from Oversold area.
-StockRSI: looking like is starting to come from oversold towards overbought.
-MA: we got some Golden Crosses at lower time frames, however we are about to get a significant golden cross in the 6H chart.
-MACD: Short EMA has crossed over Long this is a good buying signal, and Histogram is moving Upwards. Its significant because we haven't got a buy signal since beginning of November.
-TD sequential has reset from a red 9 and now start from today a green 1.
TRADE MANAGEMENT:
Trade entry: 0.005000
Stop Loss: 0.004950
-Targets:
Mercury: 0.005236
Venus: 0.005370
-Risks/Rewards:
-Risk/Reward Ratio: 6.34
Whats looks like a crash at first can be a beautiful ButterflySo how can that gem be overlooked? The minimum target is the 38% retracement of AD but while we are at it the 62% often get reached as well. Especially in crypto. Lets not be greedy and secure the 30% profit on the table.
Monthly candles still within the symmetric wedgeZooming out, the monthly candles are still within the symmetric wedge, but the volume just isn't there.
Decred team hired a new PR firm (Ditto), with their Proposal System. If they have have news coming out soon, perhaps the long-awaited Privacy release, it could bounce.
I remain hopeful for this project because there's many things that set it apart from the bunch, but unfortunately, the volume and price action isn't good.
We would need a catalyzing event now.
