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DCRUSD

DCRUSDT: Blue Box as a Buyer ZoneThe blue box on the chart represents a key buyer zone, identified through meticulous technical analysis. This area signals a region where the price is likely to find strong support and attract buying interest, potentially leading to a reversal or upward movement. 1. Understanding the Buyer Zone A buyer zone is a specific area on the chart where demand exceeds supply, often causing the price to bounce or rally. Significance of the Blue Box: This zone highlights a demand area where institutional or retail buyers are expected to show interest. Confluence Factors: The zone is supported by technical indicators such as Fibonacci retracements, historical support levels, or order block formations. 2. Why This Zone? The blue box is not arbitrarily drawn; it is derived from a combination of the following analyses: Market Structure: Price has consistently respected this area as a key level in the past, indicating its reliability. Volume Analysis: High volume at this price range suggests a strong likelihood of buyer activity. Fibonacci Retracement: The zone aligns with critical retracement levels, further solidifying its validity. 3. How to Trade the Blue Box The blue box should be approached with a clear plan to manage risk and maximize returns. Entry Strategy: Wait for the price to enter the blue box and look for confirmation signals like bullish candlestick patterns or volume spikes before entering a long position. Stop-Loss Placement: Position your stop-loss just below the lower boundary of the blue box to account for false breakouts. Take-Profit Levels: Target recent resistance areas or Fibonacci extensions for a favorable risk-to-reward ratio. 4. Key Notes Keep an eye on market conditions and additional confirmations to refine your trade setup. Volume spikes or bullish divergences can further validate the zone's strength. Breakouts above nearby resistance after bouncing from the blue box may indicate a continuation of the uptrend. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas
Long
by XU99
Decred: Get Up!Decred should be done relaxing on the yellow beach strip between $35.04 and $6.98 – or rather on the support at $19.87. As the altcoin has already finished wave (2) in yellow, we expect it to get up and hop above the resistance at $84.82. Once there, Decred should gain enough upwards momentum to make it above the next mark at $191.48 as well. However, there is a 45% chance that the altcoin could drop below the support at $19.87 instead and develop a new low in the course of wave alt.(2) in yellow.
D
by MarketIntel
1
Decred DCR Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Decred DCR has a negative overall sentiment recently. I have the following price targets: DCR/USDT short Entry Range: $29 - 31 Price Target 1: $24 Price Target 2: $19 Price Target 3: $18 Stop Loss: $35
Short
by BuySellMarketMaker
DCRUSD held the 1D MA50. Path to the 2022 Resistance Zone.Decred (DCRUSD) is staging a short-term rise after holding the 1D MA50 (blue trend-line) as a Support since the August 19 pull-back. The 1D MA200 (orange trend-line) is the first Resistance but this has already been broken on the August 05 spike, which was though rejected near the 1W MA50 (red trend-line). Those are basically the next pivot levels with the ultimate test being the 75.6500 - 86.4000 Resistance Zone, which has been holding for the majority of 2022. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
DLong
by TradingShot
3
DCR UP 200% after bullish signal 🚀🚀🚀 Now retrace?DCR pumped 200% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). DCR broke out of the bullish Zone of the Ichimoku Cloud, which is bullish. The RSI is in the overbought zone at 87. RSI Brown at 108. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently DCR is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely forming Leg B. The risk to reward right now to enter this trade is bad. Remember to always take profits and use proper risk management! Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Like To Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28