DCR has been on a steady uptrend for over a month. The support line is holding extremely well with 4 tests so far. The resistance has been tested 5 times with one false breakout. Bullish descending wedge now nearly formed and breakout looks imminent. Fib levels are holding strong and breakout will test important resistance level. Conservatively, buy on confirmation of breakout at 840k sats and close position at 1040000 sats (141.4% fib level) — resulting in 25% gain. Optimistic - buy at 840k sats, set stop loss at 950k sats once 141.4% fib hit, then keep riding the wave.
Good call. I have holding this one for awhile now. Very stable coin. It is being listed in Hong Kong exchange FEX(HK) early February so expect a strong move to .01 soon
@BenCarson, not yet broken out but just about to test the support so I expect it will very soon. I received some feedback in another group from @carlcauchi5, he bought up the fact that there is a large cup forming when you zoom out, see 6hr chart (starting Sep). So all in all, I expect there to be a breakout very soon, followed by retracement, and then when the cup fully forms I expect a large breakout.