mychartslie

DCR on log scale (oversold)

Long
mychartslie Updated   
POLONIEX:DCRBTC   Decred / Bitcoin
11
Many could say log scale isn't appropriate for DCR at this point. I could be reading into it too much, but at the very least it's interesting to see. We're at the very bottom of the channel, and a big pump is imminent. A "fair" value seems to be .033ish, but you can see why a pump up to 0.06 to 0.1 isn't out of the question.
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Moving on up! Hard fork voting window is almost up, actual hard fork will be another month from now. But Exodus wallet/Shapeshift is imminent, and I'm guessing there will be some more surprises coming soon :)
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The slower this move up is, the higher leg we'll see. Looks like a 0.04 target minimum is brewing.
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Watch her bounce off that trend line. Isn't she lovely?

If you haven't realized it yet, this is the bottom. You only can make money from this point on if you hold.
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Let's GO!!!!
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Exodus wallet out tonight!!! STRAP IN!
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Yikes, bottom trend line broken. Not good.
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