A trading opportunity to buy in DCRBTC

A trading opportunity to buy in DCRBTC

Decred / Bitcoin BITTREX:DCRBTC


Technical analysis:
. DECRED/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. Price is in the support zone (0.00687 to 0.00570), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Beginning of entry zone (0.00687)
Ending of entry zone (0.00570)

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= @ 0.00801
TP2= @ 0.00854
TP3= @ 0.00970
TP4= @ 0.01117
TP5= @ 0.01230
TP6= @ 0.01454
TP7= @ 0.01773
TP8= @ 0.02179
TP9= Free