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Dcr

There is a possibility for the resumption of uptrend in DCRUSDTechnical analysis: . DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 24. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility for the resumption of an uptrend in the suggested support zone (38.00 to 22.30). traders can set orders with entry signal based on Price Action and expect to reach short-term targets. Beginning of entry zone (38.00) Ending of entry zone (22.30) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 47.71 TP2= @ 54.58 TP3= @ 58.52 TP4= @ 72.15 TP5= @ 83.18 TP6= @ 94.32 TP7= @ 110.07 TP8= @ 130.05 TP9= @ Free
POLONIEX:DCRUSDLong
by ForecastCity
There is a possibility for the resumption of uptrend in DCRUSDTechnical analysis: . DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 24. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility for the resumption of an uptrend in the suggested support zone (38.00 to 22.30). traders can set orders with entry signal based on Price Action and expect to reach short-term targets. Beginning of entry zone (38.00) Ending of entry zone (22.30) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 47.71 TP2= @ 54.58 TP3= @ 58.52 TP4= @ 72.15 TP5= @ 83.18 TP6= @ 94.32 TP7= @ 110.07 TP8= @ 130.05 TP9= @ Free
POLONIEX:DCRUSDLong
by ForecastCity
2
Decred is looking positive againCoin of the day is Decred One of the few coins that have been drawing a bullish chart since the beginning of 2018. The reasons for such positive behavior are complex: the primary idea of Decred team – to fix the main governance problems of Bitcoin, trustworthy team and the promising roadmap, it's all matters. Decred(DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency. The coin is based on Proof of activity (POA) algorithm, an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network. Technicals Correction of the 0.015 high, which was reached on the 15th of July, seems to start turning around recently. After the breakthrough of the Bullish Resistance, DCR showed a sustained growth for the last three days, breaking above 0.001 level and 100-days EMA on the way. For now, the coin is trading on the 100-days EMA, and if the price manages to hold on above this level, we could see a further growth to the next resistance at the 0.012 level.
Long
by DestinationMoonCrypto
Decred VS Bitcoin Long Term Uptrend is ValidSince 8th of December 2017, Decred has established an uptrend, while price continues to produce higher highs and higher lows. On the 15th of June DCR/BTC reached the btc 0.015 level and then correction down started. Decred approaching 76.4% Fibonacci retracement level, which could be the bottom of this corrective wave down. Since the uptrend is valid, buying opportunity has already presented itself, but at the same time DCR could go slightly lower. While Decred stays above the btc 0.0084 support, uptrend will remain valid and the next wave up could bring the price up to the btc 0.032 resistance area, which is a potential 260% growth against the Bitcoin. But break below the btc 0.0084 support might send price lower, towards btc 0.0056 area, and only then continue the uptrend. Only break and close below the btc 0.0056 support could invalidate long term uptrend, where range trading could start.
Long
by CryptoPAMM
1
Decred Could Have Found The BottomToday Decred has rejected the $58.5 level, that is 261.8% Fibonacci retracement applied to the corrective wave up after the ascending channel breakout. Simultaneously, DCR/USD bounced off the 3/1 Gann Fan trendline which has acted as the support. And finally, RSI formed a bullish divergence suggesting the potential trend reversal. If price stays above the $58 support it is very likely that the trend will change and Decred will eventually start producing higher highs. At this point it is a very early stage of the trend reversal, which need more confirmations to say with confidence that the trend is now up. Therefore, it is important to watch for the $81 resistance level breakout as this could be a long waited trend reversal confirmation.
POLONIEX:DCRUSD
by CryptoPAMM
Decred still swimming against the currentCoin of the day is Decred. One of few gainers on today's stagnating market. Despite that take-off from the 0.012 level, which we were waiting on 29 of May did not happen, the coin is staying in a bullish pattern, holding above the 0.012 level and gradually rises. Exchanges started to add Decred pairs with USDT, which is a positive sign, as it will bring capitalization higher. Decred is positioning as more honest and close to the people bitcoin pretender. Decred(DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency. The coin is based on Proof of activity (POA) algorithm, an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network. Latest news May 25 – Bittrex added DCRUSDT trading pair. June 1 – Upbit added DCRUSDT trading pair. Techncals Growing since the beginning of 2018, DCRBTC added in momentum after breaking Bearish Trend Line on 2018.05.10. Gradual rising after 0.012 level brought the pair above the 0.013 level. Movement is going on inside the triangular pattern, between established from 25.07 Bullish Trend Line and Bearish Trend Line starting from the peak on 23.05. Breakthrough of this line will wend the pair to test past high at 0.0145 and 0.015 resistance afterward. From the downside, 0.012 – 0.013 zone should play a supportive role.
Long
by DestinationMoonCrypto
DECRED: NEW EXCHANGE LISTINGS - PROFIT = 14.07% PROFIT !!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 28th of April 2018. Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 14.07% PROFIT!!! The increase in price may also be explained by positive developments including: April 19: YBF Ventures announce our corporate partnership with Decred as part of our Web 3.0 hub. April 28: Decred V1.2.0 Released. This release of dcrd contains significant performance enhancements, infrastructure improvements, improved access to chain-related information for providing better SPV (Simplified Payment Verification) support, and other quality assurance changes. A significant amount of infrastructure work has also been done this release cycle towards being able to support several planned scalability optimizations. This includes the following changes: Significantly Faster Startup Support For DNS Seed Filtering Committed Filters Updated Atomic Swap Contracts April 29: New Decred Slack invite page is up and running. May 2: Innosilicon's world class R&D team just released the latest global leading miner D9 (Decredmaster) May 2: Significant optimization achieved in how Decred performs signature hash calculations. Improvements in both speed (306x faster) and memory allocation (91% reduction) for a transaction with many inputs. May 4: Decred has been listed on Upbit exchange. May 6: Minertopia releases new Decred mining pool with 1% fees. May 12: Decred is exihibited at Consensus 2018. May 19: First beta of Decreds's ticket splitting mechanism released. Decred users are able to buy ticket fractions & reduces barriers to entry to participate in Decred's governance. May 16: Bittrex adds a new DCR/USDT trading pair. May 24: Bleu adds DCR/USDT trading pair. May 25: OmniTrade (Brazilian Exchange) adds a DCR/BRL trading pair. May 31: News is released that states that companies are launching dedicated ASIC Miners for Decred. May 31: Upbit (Korean Exchange) lists DCR/KRW and DCR/USD trading pairs. The positive news (mainly driven by the increase in the number of exchange listings) combined with the uptrend in prices from the general crypto markets can explain the increase in price. ***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
Potential reversal on DecredDCR had a solid run, and a correction has been imminent. Aided by the sharp drop in BTC, Decred broke the first Fib level and dropped hard. It bounced twice off the 50 level when the RSI bottomed out, and a wedge with higher lows and lower highs has formed. One failed breakout attempt suggestions that the buy set up at the current price is aggressive. If the price breaks down, entries at the 61 or 75 level are good options. The second entry I provide here is at the 75, where a close stop can be entered, with a high profit potential. The exits from both set-ups should be partial, or should occur when prior high proves to be resistance. Re-enter on breakout. Setting Fibonacci is difficult here, because DCR had two prior pump and dumps. I used the low point prior to resistance breaking (see orange line). The supports on several levels confirm this range.
Long
by therealbencrypto
Decred could take off from 0.012Coin of the day is Decred. Decred is one of the market favorites lately, staying in bullish pattern despite the global correction. Team positions its project as more honest and close to the people bitcoin pretender. Decred(DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency. The coin is based on Proof of activity (POA) algorithm, an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network. Latest news May 25 – Bittrex added DCRUSDT trading pair. Technicals Growing since the beginning of 2018, DCRBTC added in momentum after breaking Bearish Trend Line on 2018.05.10. Breakthrough of the 0.015 resistance did not happen, and overbought pair went into a correction, setting the peak at 0.0145. For the second day in a row, the price holds above 0.012 support, which fits in the bullish scenario. If Decred manages to take-off from 0.012 level the 0.015 level will be tested again and breakthrough will send the pare further up to 0.017 resistance (23.6% Fibo). From the below, 0.012 level is the closest support, above this level – Global Bullish Trend Line, 100-days EMA and psychological support 0.01.
Long
by DestinationMoonCrypto
Decred | Loaded for a further moveSo Decred is showing us increased volume for a past 2 weeks and 2 huge pumps as we seen in previous ideas. Team currently is visiting a lot of confereces and spreading a word. Fundamentals behind Decred were always strong. It is a sweet place to buy. Let's do that. I bought at 0.00972. I'm going to sell 25% at 0.01065. Another 25% will be sold at 0.0119. I will keep the rest 50% for a long run to 0.0150 which I believe is going to happen. Why? Because there should be a reason why someone market bought DCR twice (on Poloniex and Bittrex) pumping the price up to 0.0150. I believe they have no reason for selling it lower than they bought it and they did have a reason to buy it that high. Don't forget to set a stop-loss at 0.00938. Please remember: my trading style is agressive and percentage of buys is high. You should always ask yourself if you are capable of losing amount of money that you put into after stop-loss is triggered Smash that like button if you anticipate upcoming rally
Long
by MikhailC
DCR still looks good, is it about Bitcoin falling?Coin of the day is Decred. Returning to one of the growers in the present unfavorable for bitcoin time. While Bitcoin price is breaking all support levels and rolling down, dragging big players, there are good looking charts on the markets. Decred (DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency. The team states that they aim to become an alternative cryptocurrency and tries to improve Bitcoin flaws. One of such problems - miners monopoly on bitcoin future. Decred team developed Proof of activity (POA) as an innovative hybrid of POW and POS and claims it ensures that both miners and users have the same amount of influence on the various activities of the network. Decred also introduces a censorship-resistant blockchain-anchored public proposal platform, smart contracts, the possibility of cross-chain atomic swaps between various cryptocurrencies that enable network participants to carry trustless over-the-counter (OTC) trades without the involvement of any authority or a third party, and cross-platform wallets. Technicals DCRBTC were showing sustained growth for over a month now. On 17 May the coin broke above 0.012 resistance and turned it into support. Now the pair tends to the next strong resistance at the 0.015 level, not managing to reach that level, the overbought coin is showing slowdown signs at the 0.014 level and seems to be going into a correction. Nonetheless, the correctional movement could be a chance for investors to buy-in and continue the uptrend rally of the coin. Rising volumes above the 0.012 level could be a sign of a turnaround, breakthrough of 0.014 level will confirm a turnaround and send the pair testing the 0.015 resistance. Breakthrough of 0.015 will set the goal on the 2017.06 maximum at 0.019. 0.012 level and Bullish Trend Line should support an uptrend bias, breakthrough of this levels will start a lateral stagnation.
Long
by DestinationMoonCrypto
DECRED: CRYPTO BOTTOM SIGNAL = 71.78% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 25th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 71.78% PROFIT!!! The increase in price may also be explained by positive developments including: April 19: YBF Ventures announce our corporate partnership with Decred as part of our Web 3.0 hub. April 28: Decred V1.2.0 Released. This release of dcrd contains significant performance enhancements, infrastructure improvements, improved access to chain-related information for providing better SPV (Simplified Payment Verification) support, and other quality assurance changes. A significant amount of infrastructure work has also been done this release cycle towards being able to support several planned scalability optimizations. This includes the following changes: Significantly Faster Startup Support For DNS Seed Filtering Committed Filters Updated Atomic Swap Contracts April 29: New Decred Slack invite page is up and running. May 2: Innosilicon's world class R&D team just released the latest global leading miner D9 (Decredmaster) May 2: Significant optimization achieved in how Decred performs signature hash calculations. Improvements in both speed (306x faster) and memory allocation (91% reduction) for a transaction with many inputs. May 4: Decred has been listed on Upbit exchange. May 6: Minertopia releases new Decred mining pool with 1% fees. May 12: Decred is exihibited at Consensus 2018. May 19: First beta of Decreds's ticket splitting mechanism released. Decred users are able to buy ticket fractions & reduces barriers to entry to participate in Decred's governance. The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price. **The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.**
by CryptoTradeSignals
Decred - fair BitcoinCoin of the day is Decred. "Decred is Bitcoin as it should have been." Decred (DCR) is a cryptocurrency project that prioritizes decentralized governance and decision making on the blockchain. It runs autonomously with improvements voted on and enacted directly by the miners and holders of the currency. One of the challenges faced by Bitcoin is that its underlying proof of work (POW) consensus algorithm allows more controlling power to the miners who own and operate expensive mining equipment. As all the mining gets concentrated at a few such powerful operators and pools, it leaves other network participants at a big disadvantage to reap network benefits. To address POW challenges, proof of stake (POS) emerged as an alternative consensus algorithm that allocates more mining and reward rights to participants who hold more stake regarding the number of coins held. While POS manages to circumvent the problems of POW like high electricity bills and costly hardware, it implicitly encourages virtual coin hoarding, which may limit the cryptocurrency use. Decred team developed Proof of activity (POA) as an innovative hybrid of POW and POS and claims to offer the best of both. It ensures that both miners and users have the same amount of influence on the various activities of the network. Decred also introduces a censorship-resistant blockchain-anchored public proposal platform, smart contracts, the possibility of cross-chain atomic swaps between various cryptocurrencies that enable network participants to carry trustless over-the-counter (OTC) trades without the involvement of any authority or a third party, and cross-platform wallets. Technicals DCRBTC was gradually growing from the beginning of 2018, recently the coin crossed the 100-days EMA, which brought it from the deep correction zone to a more middle position relative to the past peak. There were two relatively big spikes, one on April 25 and second on May 4, public opinion converges this spikes to huge buy-ins as the price continues to grow after. Psychological level 0.01 and Bullish Trend line should support the upward movement, breakthrough of the 0.012 level will open the way to the resistance on the 0.015 height.
Long
by DestinationMoonCrypto
Decred VS Bitcoin Growth PerspectiveDecred has found the bottom at btc 0.0028 after which price started to move higher breaking above the 200 Moving Average. For the past four months price has been ranging between btc 0.01 and 0.005. Nevertheless price continues to produce higher highs and higher lows. The last corrective wave down where price found the support at btc 0.0056, could have been the very first corrective wave of a stronger five wave uptrend. Currently DCR/BTC starting yet again to gain upside momentum and seem to be ready to produce a new high. There are two major resistance levels that should be watched. First is 327.2% Fibonacci retracement level at btc 0.02 area. When/if that resistance is broken price is likely to continue moving higher towards the key resistance located at 267.2% Fibs, that is btc 0.032 area.
Long
by CryptoPAMM
Decred , A good trading opportunity to buy in DCRUSDT echnical analysis: DECRED/DOLLAR is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 36. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested support zone (36.90 to 22.30), if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (36.90) Ending of entry zone (22.30) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 50.40 TP2= @ 65.70 TP3= @ 83.90 TP4= @ 99.50 TP5= @ 130.04 TP6= Free
POLONIEX:DCRUSDLong
by ForecastCity
Decred would probably resume its uptrend again...Technical analysis: DECRED/BITCOIN is in a range bound and Resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 66. Trading suggestion: The price is in a range bound, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone (0.0082 to 0.0072), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0082) Ending of entry zone (0.0072) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0097 TP2= @ 0.0123 TP3= @ 0.0145 TP4= @ 0.0178 TP5= Free
Long
by ForecastCity
Decred would probably resume its uptrend again...Technical analysis: DECRED/BITCOIN is in a range bound and Resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 66. Trading suggestion: The price is in a range bound, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone (0.0082 to 0.0072), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.0082) Ending of entry zone (0.0072) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0097 TP2= @ 0.0123 TP3= @ 0.0145 TP4= @ 0.0178 TP5= Free
Long
by ForecastCity