Following the support rejection, DEC/BTC started to move higher and broke above the downtrend and 200 Moving Average suggesting the reversal of the trend.
A double was formed fist when it bounced off the support and second when it bounced off the downtrend on a corrective wave down. So far all the facts are in favour of the potential trend reversal where Decred should start moving higher against Bitcoin .
The very strong resistance is seen at btc 0.0085 where two levels are crossing as well as it corresponds with the upper of the . Only a daily close below btc 0.0033 should invalidate this outlook.
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