The chart of DCR / BTC give us some clear signs to be optimistic for thee following weeks:
- It is on a clear uptrend since December
- Lately it has been moving on ascending channel, and very recently has rebounded from the bottom of this channel
- The MACD is about to cross upward, and the Stoch.RSI suggests that there is plenty of room for the price to move up.
We can set up the following trade:
Buy below 0.0090
Target at the top of the channel @ 0.0110
If you are patient and willing to wait, if the price breaks the resistance formed by the top of the channel, we might see new highs formed; so for long-term, I would not sell all my DCR at the target.
Stop-loss @ 0.00805
Follow us on Telegram @ t.me/cryptowhaletrading
- It is on a clear uptrend since December
- Lately it has been moving on ascending channel, and very recently has rebounded from the bottom of this channel
- The MACD is about to cross upward, and the Stoch.RSI suggests that there is plenty of room for the price to move up.
We can set up the following trade:
Buy below 0.0090
Target at the top of the channel @ 0.0110
If you are patient and willing to wait, if the price breaks the resistance formed by the top of the channel, we might see new highs formed; so for long-term, I would not sell all my DCR at the target.
Stop-loss @ 0.00805
Follow us on Telegram @ t.me/cryptowhaletrading