Free Digital Reserve Currency (DRC) Technical Analysis Signals

Overal Signal
Neutral
Signals
Neutral Neutral Hold Neutral
Last Update / Period
06 Dec / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Digital Reserve Currency (DRC) signal with technical analysis on 06 Dec

On 06 Dec, we conducted a comprehensive technical analysis of Digital Reserve Currency (DRC), considering 256 signals with intricate details. Here are the key findings: 89 signals suggested buy strategies, while 55 indicated sell strategies. The remaining 112 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 23
Sell Signals: 16
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 19
Sell Signals: 14
Neutral Signals: 31
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 23
Sell Signals: 10
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 24
Sell Signals: 15
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 89
Sell Signals: 55
Neutral Signals: 112
Result: This strategy leads to a Neutral position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Digital Reserve Currency (DRC) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Second Support Level: 0.01
If the first support level is breached, the second support level at 0.01 becomes a critical point. Breaking this level would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 0
If the second support level is broken and the price continues to fall, it signals a significant market shift. Remaining below 0 would confirm a persistent downward trend, with traders likely targeting this third level as the next key support point.
These support levels should be considered carefully in the context of broader market trends and indicators. Staying alert and consistently analyzing the market will allow you to make informed decisions while trading Digital Reserve Currency (DRC). Paying attention to these support levels will help you adapt to the dynamic nature of the market and make smarter trading choices. Second Resistance Level: 0.619
If the upward trend continues with significant strength, we may see Digital Reserve Currency (DRC) cross the second resistance level at 0.619. This would indicate a major upside move and a promising direction for our position.

Third Resistance Level: 0.796
For a more comprehensive analysis, consider the possibility of Digital Reserve Currency (DRC) not only breaking the second resistance level but also holding its price above this mark. If this trend continues in the coming days, Digital Reserve Currency (DRC) could potentially reach the third resistance level at 0.796.
It's crucial to closely monitor these resistance levels and consider them in the context of broader market trends and indicators. To make informed decisions when trading Digital Reserve Currency (DRC), stay vigilant and continuously analyze the market. Focusing on these resistance levels, along with broader market dynamics, will help you make smarter trading decisions and adapt to the changing market conditions.

Digital Reserve Currency (DRC) technical analysis chart

Digital Reserve Currency (DRC) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.618 0.619 0.796 0.935 1.251
Support 0.479 0.01 0 0 --
 Digital Reserve Currency (DRC) Support and Resistance area (06 Dec)

Digital Reserve Currency (DRC) signals list for 06 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Digital Reserve Currency (DRC) candlestick patterns on 06 Dec

Today's Digital Reserve Currency (DRC) Candle Patterns List:

Short Line Candle

Digital Reserve Currency (DRC) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Dec Neutral NeutralNeutralHoldNeutral
2 04 Dec Buy HoldBuyBuyBuy
3 03 Dec Buy BuySellNeutralNeutral
4 02 Dec Buy NeutralNeutralNeutralBuy
5 01 Dec Sell HoldSellSellNeutral
6 30 Nov Hold HoldNeutralNeutralNeutral
7 29 Nov Hold HoldHoldNeutralNeutral
8 28 Nov Sell SellSellSellSell
9 27 Nov Buy NeutralBuyNeutralBuy
10 26 Nov Sell SellNeutralNeutralNeutral
11 25 Nov Hold NeutralHoldHoldHold
12 24 Nov Hold NeutralHoldHoldHold
13 23 Nov Hold HoldHoldHoldHold
14 22 Nov Buy BuyHoldBuyNeutral
15 21 Nov Hold NeutralBuyNeutralNeutral
16 20 Nov Sell SellNeutralSellSell
17 19 Nov Hold NeutralNeutralNeutralNeutral
18 18 Nov Buy HoldBuyNeutralNeutral
19 17 Nov Neutral HoldNeutralNeutralNeutral
20 16 Nov Buy BuyBuyBuyNeutral
21 15 Nov Hold HoldHoldHoldHold
22 14 Nov Sell HoldHoldSellHold
23 13 Nov Sell HoldSellNeutralHold
24 12 Nov Sell SellNeutralNeutralSell
25 11 Nov Neutral HoldHoldNeutralNeutral
26 10 Nov Neutral HoldHoldNeutralNeutral
27 09 Nov Hold HoldHoldNeutralHold
28 08 Nov Hold HoldBuyNeutralHold
29 07 Nov Hold HoldNeutralNeutralHold
30 06 Nov Buy BuyNeutralHoldHold

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