Krystiannwk

Decred important level to watch

POLONIEX:DCRBTC   Decred / Bitcoin
Judging by the look of the chart it seems like that Decred had its moment. This is what I thought when price of BTC was 30 dollars and then it moved to over 100. I don't really know what moved price of the DCR so high. It is still probable that it will move higher but from my experience there is more chance that it will move south.

GAP( two black parallel lines) consolidated with psychological level at 0.0100000 level. This area should create strong support/resistance which in my opinion will most likely stop further gains and it will push pair south towards .05000 or even 0.03000 area.

It is possible that pair will move above that level and then will established strong support which will sustain further gains.
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