Decred is a hidden gem that few people know about and ever fewer understand. Founded by Company0 (the btcsuite developers who are well respected in the bitcoin space), Decred seeks to solve many of the issues the bitcoin blockchain is currently facing, such as consensus and governance.
Decred has a unique codebase, written from scratch in Golang.
Decred is a Decentralized Autonomous Organization with self funding and governance built directly into its blockchain.
Currently, Decred has a very small market cap. It was randomly added to Poloniex in early 2016 and never saw a traditional entrance pump/dump.
If one looks at the 3D chart, they will notice a bullish engulfing candle with significant volume. The volume profile also indicates accumulation in this area.
My pump doctor indicator:
shows growing bullish divergence and is almost to the point where it crosses the zero line (for the first time in a very long time). This is a strong altcoin buy signal.
These guys push updates to github literally every day and have for the last year.
If you have any questions, feel free to join slack or ask them here. Happy trading!
Note
If you aren't already in Decred, .00075 - .0008 would likely be a fantastic entry. This isn't a quick buck (although some of you probably just doubled your money).
Check out the new roadmap! It's very professional.
Currently below a 3mm cap. Not even in the top 50. This will change soon.
Note
If you aren't already in this bull run, .00077 or so should be a fantastic spot to enter the market. This chart will be updated over a long period of time. This is not just a small pump, this is the beginning of a bull market.
50ma crossing above the 200ma, signalling the beginning of a bull trend on the 1D chart.
Note
Decred making a nice double bottom on the 1D chart. Coinbase meeting is on 3/10. 50 ma still above 200 ma, so we are still in uptrend. Need to break above 50 ma ~190k satoshi for the party to start. I'd say it's a good buy here.
Note
I hope you bought ;)
Note
Notice the fractal similarities. There is a possibility for a reach for 450k - 500k satoshis here. Time will tell.
Note
Target hit!
Note
Decred on the move up despite bitcoin's rise. Keep in mind that the most important update in the history of cryptocurrency is just around the corner. v1.0.0 will enable hard fork voting on the main net for Decred. We are definitely looking to retest highs in the near future.