DECRED DESCENDING WEDGE SHORT IDEA.

2020年3月5日

I love this project and hold as a hedge to Bitcoin but can't help but feel that we're going to break down versus Bitcoin soon.

Descending wedge type pattern playing out.

Let's see.

Let me know what you think.

2020年3月5日

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Just to add, i think we will reject from the 200 daily MA again and this will trigger the sell. Targetting lows around 158,000 sats or thereabouts.

2020年3月23日

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Spike back up, rejected from the 200 MA. Let's see if she will continue to target now. There i will be a buyer again.

2020年4月4日

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This is still a valid trade and can easily hit target.

Been a while in the making bit patience is paying off.

Time to buy soon.

2020年4月11日

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Still valid but there is an argument that a base is being built here and a reversal is on the cards.

2020年4月23日

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Almost there! Target now in sight!

2020年4月29日

交易结束：到达目标

Target reached almost 2 months later!! Time for me to look for longs i think. Thank you and goodnight