Decred DCRUSD

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DCRUSD : Descending Triangle Pattern

ForecastCity_EU Premium

Technical analysis: . DECRED/USDollar is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. .The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There...

ForecastCity

Technical analysis: . DECRED/USDollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility...

ForecastCity

Technical analysis: . DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 24. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility for...

ForecastCity

DECRED/DOLLAR New trading suggestion: *The price is in an up trend, and we forecast the uptrend would Continue. *There is still possibility of temporary retracement to suggested support line (50.40) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the...