DCR / BTC on ascending channel and clear uptrend !

The chart of DCR / BTC give us some clear signs to be optimistic for thee following weeks:

- It is on a clear uptrend since December

- Lately it has been moving on ascending channel, and very recently has rebounded from the bottom of this channel

- The MACD is about to cross upward, and the Stoch.RSI suggests that there is plenty of room for the price to move up.


We can set up the following trade:

Buy below 0.0090

Target at the top of the channel @ 0.0110

If you are patient and willing to wait, if the price breaks the resistance formed by the top of the channel, we might see new highs formed; so for long-term, I would not sell all my DCR at the target.

Stop-loss @ 0.00805

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