Decred (DCR) Overview
Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms.
Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets.
Now let's take a look at the daily timeframe chart for DCRBTC:
Additional details can be found on the chart.
Namaste.
Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms.
Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets.
Now let's take a look at the daily timeframe chart for DCRBTC:
- Here we have a broken downtrend line (red dotted).
- We can see big volume and EMA50 rejecting the growth. That's the level to break for DCRBTC to move higher (so you see a green arrow above it).
- There is a bullish divergence with the MACD.
- The RSI hit ~18 recently, very low, and is now strong/bullish above 50.
- DCRBTC is trading above EMA10 (green line) which tells us that it has bullish potential.
Additional details can be found on the chart.
Namaste.
Comment:
Targets:
1) 0.002240 |Hit 3-Nov. (+18%)
2) 0.002440 |Hit 3-Nov. (+29%)
1) 0.002240 |Hit 3-Nov. (+18%)
2) 0.002440 |Hit 3-Nov. (+29%)
Comment:
Targets:
1) 0.002240 |Hit 3-Nov. (+18%)
2) 0.002440 |Hit 3-Nov. (+29%)
3) 0.002700 |Hit 11-Nov. (+43%)
*) 0.002892 | Hit 15-Nov. (+53%)
1) 0.002240 |Hit 3-Nov. (+18%)
2) 0.002440 |Hit 3-Nov. (+29%)
3) 0.002700 |Hit 11-Nov. (+43%)
*) 0.002892 | Hit 15-Nov. (+53%)
🪄 Free Magic ✨ Numbers
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alansantanatrades.com
🚨 PREMIUM Cryptocurrency Trade-Numbers
(Since 2017) 👉 lamatrades.com
🔝 Join me on Telegram... 10,000+ Charts!
t.me/alansantana1111
🎁 Tips | t.me/asdons
Enjoy the profits.
1) 0.002240 |Hit 3-Nov. (+18%)