Decred swings within a wide lateral channel (USDT $ 20.00 to USDT $ 40.00). I do not see anything to do at this point. It is best to wait a drawback up to USDT $ 20.00, where it is possible to enter buying with short stoploss.
Last time 50 EMA bounced off 100 EMA it had a massive bull run. Expecting to happen the same now as well because devs announced just the public proposal system. LN vote is locked in and will be active soon this year. We are waiting for the anonymity announcement which according to the roadmap should come as well at the end of this year. So stars are aligning just...
First stop was hit. Small loss. I can take that. Does it still play? At the 50% and the 100% a-b-c. Oh yea. I'm in again. Stop is still close and the upside is excellent. Can't get gun shy just because you've been stopped out. Re-evaluate. Is the trade still valid..? If so, don't hesitate...
Nice setup on the 4. Clear exit it if doesn't hole with a break of 61.8 which lines up nicely with the wave-1 high. Nice target above for a 4-to-1 risk/reward. It's played very technically today. It could certainly continue to play E-ball.
