28-Nov | Trade active (numbers are valid)
Decred (DCR) Overview
Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms.
Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets.
Decred (DCRBTC) Chart Analysis
Here we have the DCRBTC chart showing bullish divergence with the MACD and RSI:
We also have Decred trading literally at All-Time Low, this is a bullish signal on its own.
You know what I love to say... Once we hit bottom, the only place left to go is up...
Let's get to the numbers.
Decred (DCRBTC) Trade Numbers
Buy-in: 0.001200 - 0.001410
Next support: 0.001000
1) 0.001680 |Hit 3-Dec. (+23%)
2) 0.001940 |Hit 3-Dec. (+42%)
3) 0.002350 |Hit 4-Feb. (+74%)
4) 0.002640 |Hit 13-Feb. (+96%)
5) 0.003000 |Hit 25-Feb. (+123%)
6) 0.003500 |Hit 16-Apr. (+160%)
7) 0.004050 |Hit 17-Apr. (+200%)
8) 0.004900 |Hit 31-May (+264%)
Potential profits: 527%
(Buy calculated at 0.001365)
Stop-loss: Close weekly below 0.000900
Capital allocation: <15%.
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Being in the "NOW!" has extreme powers...
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First, read this through...
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This might not make much sense now, but if you practice this meditation often... You will have proof in the results.