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.
DCRBTC trade ideas
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.
Segnale WeiFastpay 2017-07-14 Decred Nemotecnico: DCR/BTCBoth signals went to succesful exit!
www.weifastpay.com
www.weifastpay.com
DCR inverted H&S possibleI don't recommend shorting this at all, I'm still holding. But here's what I think we're looking at in the next few days to a week. Once we hit .018 we may even try to complete a mirrored pattern and retest the ATH again at .021. Who knows.
If you're looking for a good time to buy, wait until the D.M.I. compresses a little more: this is the true indicator of when to go long. It could be at the bottom of the right shoulder, but we may just go sideways until the pump.
Also, remember the crypto-currency history will be made in 3-4 days when Decred hard forks by community vote. Man governs by math now.
DCR guess and why I'm taking a needed break.This is a completely educated guess. With everyone calling shorts on Bitcoin, and a hard fork with Mother Bitcoin becoming more and more likely, most, if not all alts, just aren't ready to stand up tall and confident in the world without their mommy holding their hand. Even though Decred and some others' tech is far superior, the markets do have seasons, and we may be at the cusp of a bear market.
Or...maybe not. This could all blow over in a month.
But I'm out for now. I've got some nice gains this year. However my greed has caused me to lose a lot of money because...just one more dollar. It's time for me to take a break for awhile and come back in the game once I've processed my trading mistakes. I'm not making well-informed, rational trades anymore. I've been trying to make my money back...in a bear market lol.
Two things will cause me to re-enter the market:
1) A strong breakout of BTC, probably based on real events like UASF/Segwit2X success, or
2) when BTC and other alts take a heavy, painful dip, and I mean $1300-1800/BTC.
Either way, I'm still in profit from when I started, and I'll re-enter when I'm confident again, just like when I started. Good luck to everyone.
$dcrshould update other one but meh
if it holds up
if breaks down could be bad and this whole range was a distribution. shout out to Valen for the reminder.
DCR Update after Gain 135 %DCR Update after Gain 135 % at long Trade
2 buy limit
first [email protected]
Sec [email protected]
TP=0.01818824
Sl=0.00848984
First buy
risk=33%
reward= 41%
Sec Buy
risk= 25 %
Reward=41%
We recommend Capital Management
We ask Allaah to reconcile and repay
Decred on Godmode: An UpdateBecause of Bitcoin's recent uncertainty, Decred, along with many others, broke their long term trend line. This seems like a bad indicator overall, maybe even a hint at a bear market. But I'm super bullish on Decred, and here's why-
1. Decred will have a hard fork in 6ish days, but it will make history as this is the first ever main net fork implemented by an on-chain governance structure. A first in crypto-currency history.
2. Any time now, and I mean ANYTIME NOW, the developers will be announcing their plans for privacy, which in their words will be a "substantial departure" from what is currently in use by Monero (RingCT) and Zcash (ZNP's). I have a feeling this is going to rock the foundation of privacy in this space. The lead dev has also stated that he wants Decred to have mandatory privacy, which is the only true way for a coin to be fungible. Monero has that crown at the moment because it's awesome. But Decred has something major up it's sleeve.
3. The developers usually under-promise and over-perform. I think we'll have hardware wallets very soon, and multi-sig/LN sooner then they're leading on.
4. The supply is still super low, and half of it is locked up in POS staking. Have you seen the liquidity on this thing? It sucks. Trying to buy or sell even small amounts effects the price dramatically.
5. Charlie Lee, the legend, says Decred should be a top 10 coin. He's one of the smartest people in this space. My targets below make sense in that light.
Now onto the chart-
5. I don't normally use Godmode, but I really like it. Last time the levels were this low (around 19) was right before the monster pump earlier this year.
6. I keep saying over and over, the longer DCR stays near the bottom trend line, the more the pressure builds, like squeezing a heavy coil.
7. My earlier target was .033, but because of the last point, we're easily looking at .079 now. Even crazier is .16. And then there's another possible target so high, so ridiculous that I can't even bring myself to say it. I don't know how long it will take to hit the first two targets, but it will happen.
Imagine Black Friday shoppers lining up outside the doors at the mall...pressure increases...pressure increases...then BOOM the doors open, people rush in, there's blood on the floor from people toppling over each other trying to get these prized items on sale.
