Decred(DCR) has remained on trend for a long time, so unless the whole market comes crashing down over the next few days, you should be able to take a ~50% or so profit from Decred by buying below 0.0122 BTC ideally, and selling below 0.0183 BTC.
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lol I wish. Fingers crossed. The market seems like it will be slow the entire weekend. We will see what it does monday. I hope it bounces back but it couullddd also crash so we will see
Yeah, it depends on the cryptocurrency market's behavior, but going by Decred's trends alone, they seem pretty solid with support between 0.0115 and 0.0120 BTC at this moment in time.
Another confirmation that Decred is going up is the hammer candlestick that seems to be forming at the bottom right now (1D chart), which is a bullish sign. Further confirmation would be the next candlestick opening above 0.0123 BTC or so. So if you want, you can wait until the next daily candlestick appears to be more sure. But you may have to buy at 0.0125 BTC or so then if you don't catch it right away.
Nice info... Thanks for sharing
You're welcome.
Thanks for the info.
I will definitely trade based on this.
No problem, @sebastiane. Don't forget to follow me @jarexx if you'd like to see more trading opportunities like this one.
Interesting post. I was about to post a similair thread. Though prices might seam inflated for now I don't think they will look like this 2, 3 years from now. Besides coinmarketcap.com there is: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. Go to: https://www.coincheckup.com/coins/Decred#analysis To watch Decred Investment research report.