DCRBTC trade ideas
Decred- my favorite one:)I'm applying several indicators for this time and the beloved wts strategy.
For now, the indicators confirm price reversal and an upward movement. However, It is difficult to say exactly where the price goes, as with the possibility of btc reaching 4500+, the money may mainly flow in it. Keep in mind there is a point after which dcr will not go down anymore, or even reverse. It may be around 0.0054 or 0.005.
DCR head and shouldersHey everybody,
After this head and shoulders DRC is still on a downtrend it will continue to fall (confirmation on MACD indicator)
Thank you,
Cryptoz
DCR to the moon???Hey everybody,
On this chart you can see the formation of a double bottom. If it breaks the 0.094 after that there will be the breakout.
You can see on the first part of this double bottom the volume was low and on second part it's increase, that's another sign it can moon.
Also you can see on the MACD the reversal is on it's way...
Please let me know what you think
Thank you,
Cryptoz
Decred Reversal Zone?The price has slowly found a neutral zone after the Bearish Rectangle along a strong support zone formed by the lows. A possible reversal zone and we can get a buy signal has started for a long hold. If the market bounces from this zone and RSI confirms price reversal, we'll have to open long trades above the high of the signal candle. Stop orders must be placed below the uptrend line. Profit target is at the resistance levels. If the market breaks below the uptrend line, probably we'll see a downward movement to 0.00855929 support level.
DCR Bouncing off daily trendDCR Bouncing off daily trend, with past month still being bearish. One of the few coins to survive BTC massacre. It's very close to its hard support and if that is broken it will be troublesome.
My view on Decred, updatedBottom channel = healthy
Top channel= bubble
I'm sure I'm off by a little bit, but I don't see anyone selling Decred under .0073. Too much at stake, literally.
DCR bottom?Decred finding support at the green trend line after dumping. Price range contracting and forming a triangle, triangles are powerful in crypto. Illuminati confirmed and Rothschild buying into BTC. Only one way possible, and that is up. Obvious sarcasm is obvious I hope. Targets are in yellow, the highest target is a bit of a stretch tho. Aim for the first two areas. Do not let a winner turn into a loser because of greed, that is very painful! One final note, I was experimenting a lot and tried all kinds of indicators. Easy to get blinded, price is the only thing that matters. It is always right, so either you are wrong or right. If you're wrong change your mind and if you're right wait until you're wrong again and reconsider. It is easier to change your mind than to change price - and cheaper, too. Keep it simple and find a system that you can follow.
DCR Updated - 7.26.17A small update on my first chart idea. Unfortunately, BTCUSD taking a dump killed our momentum and dropped us below the trendline. We seem to be making a small recovery, with strong support around 0.0091 BTC.
Keeping an eye on it, could have a nice E2E trade on the 4HR, should lead to a bullish TK cross (albeit it'd like be inside the cloud = neutral signal) and my target is the 0.5 fib level :)
Hoping to reflect on this in a couple of days and see where it goes.
Best of luck!
DCRBTC - Potential Leg Up 7.24.17Potential leg up coming for DCRBTC. Strong support around 0.0104 - little resistance on the sell side up until ~0.0112. Failing to break this wall could lead to a small retrace, but not for long IMO. Nice possible E2E trade in the cloud on the 4H chart - target there would be 0.0123.
DCR IdeaDCR has hit a strong level of support and has bounced nicely. A C Clamp has developed as well as a bullish MACD cross. Will be keeping an eye on the volume of this coin
Decred/BitcoinSame decred chart as before with nothing changed except for removing the ghost candles. The ghost candles were blocking the view of the actual price
DCR/BTC LongBuy DCR/BTC. Fundamentals are good with this coin(Decred), so even if the technical analysis doesn't work out the coin should go up in the long run. It is still greatly undervalued.
Roadmap:
forum.decred.org
CoinMarketCap:
coinmarketcap.com
Usefull stastics:
dcrstats.com
You should also definately POS if you buy the coin, or just buy it to POS. You can view latest returns from dcrstats but it should be around 1.5% per month with the new algorithm. Thats around 20% per year from just holding the coin. The coin should also go further up in price, boosting your returns.
