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RE: DECRED (DCR) Has Placed Five Impulse Waves so a DEEP Three Wave Correction to around $7.70 is Expected

in #bitcoin7 years ago (edited)

I have been researching Decred, and find your analysis very telling. Decred has been described as Bitcoin 3.0 by some. Since it is a hybrid proof of stake and proof of work, it is a potentially very interesting currency. CryptoBud did a pretty good analysis of Decred in the video below, however, the analysis presented here is based on the Fibonacci Patterns / Elliot Waves versus the business case. I like the wave / herding math analysis as a more robust predictor. Overall, I will continue to research this coin. Thank you for the excellent analysis.

Decred

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Thank you for the comment. I, alas, won't view the analysis you shared from CryptoBud. The only reason is so that I won't risk having my analysis in my head influenced by another's.

I'm human and have long ago decided to rarely review another's analysis of the same coin or equity. This way, I can better follow MY analysis. This way, I won't be swayed and can live and die by my own "sword". :-)