🔸Status: We managed to snatch a smashing entry on the DATA coin. I've reworked the chart a little, the pitchfork channel channel looked allot more viable than all the micro wedge formations.
I drew it up and indeed, the price action has been respecting the falling support and resistance since early December last year! Price is currently working its way though resistance, and we are up almost 15% on the trade. A late entry here looks pretty viable. A trade off the channel midline should be profitable.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.