Bears close their shorts, but the descending mass is too heavyPossible break through at 127 down to 110
DCRBTC trade ideas
low time frame trading rangeDecred 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.
Falling wedge into trend reversalHere'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
Decred Perfect Hit... Looking Back At November 18...Here is the chart we shared for Decred (DCRBTC) back on November 18, it reads... Decred Bullish, Final Call .
And today we have a strong bullish breakout.
Conclusion?
Patience is key!
Namaste.
Decred Bullish, Final CallAfter hitting a low on 3-Nov. Decred (DCRBTC) broke its downtrend and is now printing a new uptrend.
Before 3-Nov, notice the green falling wedge, we can only see lower lows and lower highs...
After this date, we are now seeing higher lows and higher highs.
With this type of action now clearly shown on this chart.
And additional bullish signals like a test of EMA50 as support holds and bullish indicators... We can see that DCRBTC can jump anytime.
It can take a few days just as it can take a few weeks... Have a plan after buying... In this situation patience is key.
Namaste.
DCRBTC - Long - Potential 7.67%DCRBTC - Long - Potential 7.67%
Entry- 1272
TP1- 1320
TP2- 1369
SL- 1205
- MANAGE TRADES- BTC VOLATILITY STILL HIGH
- RR - 1.47
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
DCRBTC nice breakout from descending channel 🦐DCRBTC nice breakout from descending channel. The price tried to have a breakout from 4h resistance without success.
IF the price will have a breakout from 4h resistance and flip into 4h support According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DCR/USDT - Long - Potential 14.68%*NEW TRADE SET-UP*
DCR/USDT - Long - Potential 14.68%
Optional Leverage: N/A
Entry- 1220
TP1 (75%) - 1285
TP2 (25%) - 1399
SL- 1123
- BTC CORRECTED- ALT volume RISING AGAIN
- RR - 1.85
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
Decred Shakeout Complete, Can Now Grow Without ResistanceWe 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 DCRBTC for a long period of sustained growth.
Namaste.
DCRBTC strong buyin 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.
Decred (DCR) Confirmed 164% (Full Trade Inside)Here Decred (DCRBTC) is already moving above the down trendline/falling wedge... The next target is set at 68% followed y 164%.
We have a trade idea with the full numbers listed below:
In case you would like to see this pair in more detail.
We have a volume breakout and prices yet to move above EMA10... This is only getting started.
This is an easy one.
Make sure to have a well thought out plan ready before buying into any pair or doing any trading.
The best way to be successful is to prepare ahead of time.
If in doubt, don't trade.
If you make a mistake, either take the loss and move on or wait patiently until the markets change and prices resume up.
Patience is key.
Any questions... ???
Feel free to share it in the comments section below.
Namaste.
Decred Trade Signal (DCRBTC)(144%) + Tutorial | How To TradeHere we have the numbers for Decred.
Good luck/success.
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DCRBTC
BUY: 0.001000 - 0.001175
TARGET:
1) 0.001234
2) 0.001350
3) 0.001650
4) 0.001800
5) 0.002050
6) 0.002450
7) 0.002750
STOP: Close weekly below 0.000900.
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Please remember that this is a waiting game...
Trading, or making money with cryptocurrencies/altcoins, can be very easy you can use the right approach.
Some people have this "fast", "quick" money approach which is wrong when it comes to trading successfully, making money.
The waiting/patience approach tends to produce better results for those recently getting started. Waiting/using patience is better for beginners.
How does it all works?
We buy and hold for long...
We buy and wait a long time...
Later sell to collect profits when prices are high up.
Pretty simple.
Namaste.
Decred after DEX launch Decred has some big fundamental announcements coming. A W pattern followed by a trigger such as the DEX could see this reverse its trend.
DCRBTC analysisI am neutral. Sell2 and sell1 signal show we must not buy. However, the chart is hitting support/ATL position and is below the McGinley dynamic line. We must only buy when we get a buy2 + buy1 signal. If we get buy signals while the chart is below the McGinley dynamic line, we can feel very confident about our long position.
Decred (DCR) Bullish DivergenceDecred (DCRBTC) is showing bullish divergence with the MACD and RSI... This is a strong signal.
At the same time, DRCBTC is trading at All-Time Lows, literally.
The STOCH is oversold and trending up.
The RSI is looking strong at low prices.
The MACD is still bearish but showing bullish divergence...
These signals are telling us that DCRBTC can easily move up next... LONG-TERM.
Namaste.
DECRED - VOLUME + TREND BREAKDecred is 64th cyryptocurrencies according to coinmarketcap rank. Price seems like to break down trend which is continuing since 2018. between january 2020 , july 2020 volume is incresing. Try to find contunation pattern 1600 satoshi level. good luck.
DCRBTC is attempting to break weekly structure 🦐DCRBTC is attempting to break weekly structure (redone)
IF the price break it and retest the previous resistance, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
