rjmacarthy

DCR Bull - Breakout falling wedge

Long
rjmacarthy Updated   
POLONIEX:DCRBTC   Decred / Bitcoin
DCR broke out of falling wedge now testing support which was previous resistance.

Expecting a rise here around 0.012.

Also a lots of good news coming out for DCR in the near future.

Check twitter and news from Decred.
Trade active:

Looks like a fake out occurred, still in channel. Hoping for a bounce up at this level.
Comment:
Long term breakout was denied, but we look to have broken out of this decending wedge. Im still thinking a breakout is imminent.
Comment:
Trade closed: target reached

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