Decent (DCT) is forming 2nd impulsive move | Get in to grab some quick bucks

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·@cryptokraze·
0.000 HBD
Decent (DCT) is forming 2nd impulsive move | Get in to grab some quick bucks
## <center> CryptoKraze here</center>
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<center> In this post I am going to cover technical analysis of **Decent** for medium term trade. I am using tradingview charts and price linked to Bittrex exchange. Let' have a look on technical aspects of **Decent**.</center>
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### Possibility on 30 Minutes Chart

<center>![DCT.png](https://steemitimages.com/DQmRe1yyEc394sgRQ8iPxFp6FKiKY5EbsY3mg5XkbDTS4yx/DCT.png)</center>

If you look at the 30 minutes chart, you will see that price has broken out with strong impulsive move. Now price is in process of next impulsive move after forming a bullish flag. Now we will see RSI and it has come down to 60 level after going above 70 level, so it will dip a bit more before taking off for next impulsive move. If you look at bollinger bands for entry confirmation, you will notice that price is touching the upper bollinger bands and it will dip a little. 

* I have a buy entry at 13000 my profit target will be around 18000 or above if the next impulsive move is stronger.
* Stop loss just below the entry area is must for trading if you don't know the [**Averaging Technique in Crypto Trading**](https://steemit.com/cryptocurrency/@cryptokraze/averaging-technique-in-crypto-trading-or-to-maximize-profits-and-cut-losses).

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<center> **Have a look on my other Posts** </center>
<center>**[Bitcoin Correction Almost Done - Get Ready for Boom](https://steemit.com/bitcoin/@cryptokraze/bitcoin-correction-almost-done-or-get-ready-for-another-boom)**</center>
<center>**[Averaging Technique in Crypto Trading](https://steemit.com/cryptocurrency/@cryptokraze/averaging-technique-in-crypto-trading-or-to-maximize-profits-and-cut-losses)**</center>

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<center>**If you like my posts and analysis and want me to add analysis on more cryptocurrencies, let me know in comments and I will add analysis**</center>
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<center>_**Disclaimer**_
_Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose._</center>
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