DCR - DECRED LONG SWING

29 apr 2020

The last DCR idea i posted here was a short pretty much from the target of this trade. It worked perfectly although it took 2 months to complete.

With that said, this trade i am taking all the way back up.

We are at monthly support here (yellow line) and i aim to take it back up to monthly resistance. A BIG 60% move.

My SL is below the swing low (white line).

I'm scaling into a long now off the back of this Bitcoin strength hoping to see some BTC flow into alts.

Let's see.

1 mag 2020

Nota

Just pushed slightly below the SL indicated on the chart but i was grabbing some in this area for the long term.

Bounce nicely and now back in the range.

Let's see.

8 mag 2020

Trade chiuso: stop raggiunto

SL breached here with BTC's strong moves recently. I'll be back to grab some more DCR soon.
One to keep watching.