Decred is look quite bullish to me. We have:
* An ascending triangle
* A golden cross
* Some positive candles recently
Look for a break out sign. Upon break out, expect it to go to 0.0165.
* An ascending triangle
* A golden cross
* Some positive candles recently
Look for a break out sign. Upon break out, expect it to go to 0.0165.
Komentarz:
Decred still bouncing around within the ascending triangle. Still looking good. Could be clutching at straws here but I see 2 possible inverse head and shoulders forming, let's wait a bit longer and see. More than likely will head towards the bottom of the triangle and hopefully bounce.
Komentarz:
Bloody amazing, the market is in absolute turmoil and yet Decred has remained within the asending triangle so far... Keep an eye on it if it bounces around in there and survives the storm then I think this will be a beautiful breakout. If not it will suffer the same fate as the vast majority of other altcoins.
Komentarz:
I'm still keen on this as possible trade. I believe the break below is an anomaly based on the BTC crash. Let's keep watching over the next few days and look for signs of a breakout above the top of the triangle. Then I'm in.
Anulowano zlecenie:
Cancelling idea as no longer valid. No trade was entered.
My best guess is that there should be at least 1 more bounce off the resistance line as momentum (RSI) is moving towards over bought. So more than likely there is still time to set up a trade. I'll be looking to set one up today and will post here.