Decred waking up a bit? DCR/BTC Poloniex

15 Sep 2017

Decred dropped to the 0.786 Fib ratio of the previous cycle, which often ends up as a support level. We've had a higher low, which indicates the trend is going up. It looks like there might be a nice little impulse wave setting up. I don't think it's going to break any new highs, but it seems likely it will move back towards .01 BTC where there is a large area of value, and hopefully up toward the 0.382 Fib where there is another large area of value.