i followed decred since 2018. Their community reminds me of bitcoin during 2013 bunch of fanatics, hard working and believers.
the coin is same as bitcoin but better, it even has governance , privacy and etc etc for the disclaimer i have 1000 dcr at 14$ because i knew that bitcoin wanted to do all these things but failed. Only reason bitcoin has value is its...
DCRBTC (Decred) has been staying above EMA300 for several days now and bullish momentum is building up... This is it, this might be the good one.
There have been multiple attempts at higher prices with little success but now that EMA300 is a thing of the past, a level that has been challenged since early December finally breaks, we can see a strong impulse move...
DYOR - I'm a noob practicing TA - not investment advice.
In my opinion - this looks like one of the most promising altcoin charts vs BTC.
Trading sideway for 2+ week - squeezing into this long term wedge with a long term downtrend.
McGinley Dynamic also confirms this uptrend since November and staying strong.
Wish I had turned on my trading bot on this pair...
Decred (DCRBTC) continues to be strong ever since the November low was hit.
We've been having very solid consolidation near resistance while other altcoins continue to crash and hit lower.
This one remained stable while Bitcoin continued to grow.
This is a good signal.
Here is the previous analysis from early December (sideways =...
Decred has managed to form a trading range which makes me much less bearish than before. As long as we can remain in this trading range there's a setup for an end-to-end to pop us back into the 0.0017's.
With the amount of DCR locked up in tickets, this pair will surprise many. Big resistance at the red box, I will be accumulating what I can below it. When DCR is listed on Coinbase, it will probably never go this low again. Looking to take profit inside the tan box. Time frame well into 2024 giving time for more people to see the light :) GL
Here's an update on that falling wedge I posted earlier about. Looks like it head faked down and then reversed back up to confirm the breakout, sending us into a short term trend reversal.
$DCR $DCRBTC #decred
. There is a possibility of temporary retracement to suggested support line (0.00097855). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. BCRBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
We have a strong signal for DCRBTC (Decred), a full shakeout has taken place... Let's look at it closer:
Notice the long lower wick/shadow on yesterday's candle.
Prices went all the way down to 0.00000750 hitting a new low to fully recover and close above EMA10.
We are now seeing a challenge of EMA50.
This is setting up...
in recent days DCRBTC has increased about 30%, one of the main reasons was definitely the hammer candle at the bottom of the downward trend. as you can see three white soldiers pattern has been shaped. this means we might see 10-25% increase in short period.