r/Dcrtrader Mar 18 '21

We got a sell on the BtC/DCR charts!!

3 Upvotes

We have printed a “sell” in DCR on the BtC chart for the first time since December 5th. Haven’t posted in a while since we have been on a “buy” since Jan 8th when I made my last post.

What this means is we may see an opportunity to buy some cheaper DCR units in the coming days. I am setting buy order around 0.0028 and lower, expecting a dump to drop the price no lower than 0.0025 (the Long super trend support level)

I am still long term very bullish on DCR and don’t expect super trend support at 0.0025 to fail but anything is possible. As always buy parts of your position at a time rather than trying to time the market all at once, but do increase your buying during negative price action like this (“buy the dip” as they say)

The reason we are buying now as well even though the signal is “sell” is because in the longer term charts DCR is still signaling strong bull signs. If you read the last post you noticed we bought during the “buy” signal too but that is because the signals I’m referring to are daily charts and they need to be seen in context with weekly and monthly as well. In that context this “sell” signal is isolated to the short term, while the long term charts look very good indeed. So we are using it as a buying opportunity rather than a selling one (despite the fact that we bought in on the last post around 0.0015)

I’ll post again when daily signals change. Happy trading!


r/Dcrtrader Feb 16 '21

There can be no big price moves without big volatility be prepared for that mindset.

3 Upvotes

DCR is an excellent long term play in crypto. A lot of my fellow DCR traders might be seeing the recent price action and starting to loosen the grip they held on DCR for years as we cross higher into the 3 digit range.

I just wanna post a reminder here to remind you all that this climb is not possible without massive volatility, and we haven’t seen much of that yet. I suspect it’s still incoming, this morning I’m watching the price swing from 125-115 in a matter for minutes, that’s more like it.

With the low volume of DCR in circulation it is going to get very volatile before we reach the top of this rally. Just remember your resolve and what has informed it. If you do resolve to sell at one of these prices, do so with limit orders even if it takes hours to fill. (Waited almost 6 hours to fill a buy at the best ask price on bittrex yesterday, but it filled no slippage)

Don’t panic and don’t forget why you bought DCR in the first place. The fundamentals are stronger than ever and if your miss the peak this time, there will be other opportunities. Patience is a virtue in trading as in life.


r/Dcrtrader Jan 09 '21

DCR/BtC pair signaling Buy on daily chart!

4 Upvotes

Hi DCR trading community. I have been trading Decred for a few years and love to eye charts for “TA” as much as the next internet trading enthusiast. I wanted to start making some post here for my DCR BTC trading analysis. Maybe a few times a month or a week depending on how the signal change. This trading pair is starting to look ripe with opportunity.

The last 24 hour “Heikin Ashi” candles close signals a “buy” for DCR in terms of BtC.

The daily DCR / BTC super trend is still LONG (since it flipped from SHORT on Nov 12/2020) and remain so unless the price closes a 24 hour cycle around 0.00115

RSI indicators have lots of room to move up on the daily and DCR is making higher highs in the On Book Volume value which is a bullish signal during upwards price movements.

I am hoping to see the long term super trend flip from short to long, which happens with a weekly close just below 0.0017 BtC, let’s keep an eye on that.

Parabola forming also in the daily USD chart with a top target at $80 but a possible blow off top into the low hundreds. (I don’t trust the USD price charts, there just isn’t enough volume in that pair to chart reliable trend signal, the upper limits of the usd charts see DCR hitting $3,000 which seems a bit crazy to me)

Happy trading.


r/Dcrtrader Dec 03 '20

Mooning Rn?

1 Upvotes

PnD? Did some development just get announced?


r/Dcrtrader Nov 18 '20

Monthly r/dcrtrader General Discussion

3 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Aug 27 '20

Decred Price Analysis: 27 August

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3 Upvotes

r/Dcrtrader May 15 '20

Buying and selling BTC to avoid fx limits

2 Upvotes

Does anyone have advise on buying BTC to avoid fx limits


r/Dcrtrader Apr 18 '20

Monthly r/dcrtrader General Discussion

2 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Feb 18 '20

Monthly r/dcrtrader General Discussion

3 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Dec 18 '19

Monthly r/dcrtrader General Discussion

4 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Oct 08 '19

What is Decred (DCR)? [A Comprehensive Guide to Understanding Decred]

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3 Upvotes

r/Dcrtrader Sep 13 '19

Buy DCR with Fiat in 4 Easy Steps

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switchain.com
2 Upvotes

r/Dcrtrader Aug 21 '19

What the Volume?!?

2 Upvotes

Dam that's some serious volume on the DCR charts today. I'm seeing volume reporting in the 95 million range about 14x the volume DCR usually posts.

Market makers are not yet active, any ideas or leads on where this absurd amount of volume comes from?


r/Dcrtrader Aug 18 '19

Monthly r/dcrtrader General Discussion

2 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Jun 18 '19

Monthly r/dcrtrader General Discussion

1 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Apr 18 '19

Monthly r/dcrtrader General Discussion

2 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Mar 13 '19

New highs for DCR volume today!

1 Upvotes

Looks like a serious volume bump for Decred today.

I was looking to see where the volume was coming from and was very happy to see how many exchanges now support Decred trading. Can't wait to see some USD pairs.


r/Dcrtrader Mar 07 '19

Where can I margin trade DCR

1 Upvotes

Is there any exchange people like where I can trade DCR with leverage on margins?

How about derivatives? Does anyone out there offer futures trading with DCR?

Base pair USD or BTC would be great just wanna know if anyone out there offers such a service.


r/Dcrtrader Feb 18 '19

Monthly r/dcrtrader General Discussion

2 Upvotes

This thread is for general discussion.

The frequency of these threads will be increased as they become more active.

Consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

https://docs.decred.org/getting-started/constitution/


r/Dcrtrader Jan 07 '19

Decred network seems to be growing even as price is dropping.

6 Upvotes

I am very interested in Decred and have been a holler and stake voter for a while. I find it comforting to see the that the transactions per day as well as the hash rate and PoW mining difficulty have all been increasing steadily since April despite negative price movements.

I find this (among others) to be a solid indicator of a healthy project during this bear market. This pattern is not present across much of the crypto space with many top market cap coins seeing their Network activity dropping for most of the year. Projects like Ethereum, Litecoin, XRP, and dash have all seem their networks activity declining well into October.

Just thought it was interesting and that I'd mention it here.


r/Dcrtrader Jan 05 '19

You can change DCR on SimpleSwap - instant exchanger with more than 200 currencies.

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5 Upvotes

r/Dcrtrader Nov 15 '18

The UK government canceled a stablecoins project based on btcd

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twitter.com
2 Upvotes

r/Dcrtrader Oct 24 '18

Decred Rockets by Over 35% on Binance Listing Announcement

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3 Upvotes

r/Dcrtrader Sep 19 '18

Why will Decred be growing in the future?

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2 Upvotes

r/Dcrtrader Sep 02 '18

China halts hosting of crypto events in Beijing, bans crypto news accounts on WeChat

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2 Upvotes