DATA
DATA reached previous accoumlation zoneDATA / BTC
Price was in downtrend channel and dropped to the previous accoumlation zone (157-105 sats)
Last time From this area we had massive bullish rally to 1100+ sats !!!
Now we wait Bullish signs here first before a buy descision specially if BTC dominance start to decrease will be a good signs for alts like DATA
But best safe buy area is :
if price also managed to break trendline resistance and flip the next resistance in my chart into support ..if that happened it will open more targets for bulls to achieve
Good luck and happy trading 🌹
Streamr(DATA)/BTC - 2-5x Profit Incoming?Hello guys, We have been following a downtrend for a few weeks, and if you look into 1W TimeFrame, you can clearly see a Falling Wedge Pattern! As we are just about reaching the bottom, and if you realize what Falling Wedge means, you understand that there's lot of profit to take pretty soon! So my prediction is that between 28th December-11th January, we will be seeing ATLEAST 2x increase. Pretty excited to see how much further we can go!
Stay tuned guys!
Santa Claus Rally Defined for 2020The Santa Claus Rally was first published in the Traders Almanac in 1972. The definition is as follows:
A stock market rise during the last 5 trading days in December and the first 2 trading days in the following January.
For 2020 this means the Rally would start thursday December 24th, 2020; and end tuesday January 5th, 2021.
According to the 2019 Stock Trader's Almanac, stock prices have historically risen 76% of the time over the 7 trading days. So historically, there is bullish sentiment over these trading week.
There is a caveat, though; and it is well explained with the following quote from Yale Hirsch himself:
"If Santa Claus should fail to call; Bears may come to Broad & Wall" . Meaning, if the Santa Claus rally turn into a sell-off; January will be set for a continuation of selling.
December lows are currently the fundamental support level.
Happy new years to all,
Dorf
CLDR over 12.00Growing account pick. After a great earnings response it has sold off pretty violently, but has likely found support at a long term trend line and .5 fib. Over 12.00 should see continuation.
250 days RSI breakout ready to go!250 DAYS RSI breakout is VERY CLOSE!
1 - Strong resistance at 200 EMA (400sats , at this moment)
2 - Strong resistance at red downtrend line - 380 sats , at this moment.
3 - Strong resistance at red RSI line (51 level, at this moment)
Entry opportunity:
1 - If daily RSI broke the resistance line (red line).
2 - If daily candle close above to 380-400 sats.
NOTE: I believe in STREAMR DATACOIN in long term.The best opportunity is entry in early phase (RSI breakout).
The second opportunity (daily candle closing above 380-400, will put STREAMR to the next level!
Cheers
Alert: This data could be revelead; Buy Bitcoin!!!Hello, in this special analysis, I want to make a counsel for you, for your family and your own life.
Firstly, look this chart. Bitcoin could become an unique federal currency that could to smash all fiduciary currency. So, that mean that the U.S. Dollar it's in warning. Why? Because as Federal Reserve print out more and more money to inject in the economy. Each U.S. Dollar it's going down to devaluate their value. So guys, Buy Bitcoin as my good counsel or buy cryptocurrency in the Quantfury app, I reccomend to buy NEO and ADA to protect your own money, your own money it's in dangerous and your wealthly it's going to devaluate all your dreams. Save your life, save the life of your family and don't allow that goverment quit your money. Protect your money using Bitcoin hide of the back and away of the banks. Ok, let's me to explain you a thing. We are in this green circle zone and right now, we can to entry in the accumulation phase, and also, we would need to still alert of any altseason movement signal that we can to get benefit. For that reason, my own strategy it's to buy altcoins too. So, I use the Quantfury app to hold and buy crytptocurrency. I reccomend to buy contract minimum 2 of your favorite cryptocurrency. So, in that case NEO and ADA it's a good example for you and for me. You need to protect your money!!! Because as banks continue printing more money all fiducairy money going to loss the value. Look the example the thing of the disaster of Venezuela or Argentina. Venezueal and Argentina it's into this hyper-inflation, but Venezuela it's a good example of how the Bolivar Peso (Venezuela's currency) it's loss all value. So, it's mean that each 200,000 Bolivar Peso =$1 USD. Waoh, it's so horrible to pass hungry in the country that there's a hyper inflation and the upof the consumer price in your supermarket, services and more neccesity taht you'll need. For that reason, in Puerto Rico, that's my country that I life, as Puert Rico it's a U.S. territory, my island it's note this inflation on what the FED continue print out more and more money. If you live in United States, noticed that how the consumer price it's up when you're visit your supermarket.
So, covid-19 it's a disaster of how the humanity it's destroyed the world!!! So guys, I believe that Bitcoin continue up, so guys, the moment to buy altcoin as Bitcoin, and maybe why not choose Gold and Silver as second alternative to save your money. Guys, do you know what will be happening if Bitcoin achieve over $200,000 USD, my data show that as Bitcoin grow up near of 18,500% in the previously bull rally 2017, so the history it's repeat again and this data show that Bitcoin could to rech toward near of $600,000 USD.
In my own summary, you need to protect your all money, before to make later and your family going to suffered, in anyplace in the world where you're live, all fiduciary currencies it's going to loss their value.
So guys, I belive taht I'm a people that help other people to understand this fiancial crisis that staring on this year. And there's not time and the time it's limited as Bitcoin goes to the moon.
Streamr Datacoin Daily Analysis1 - At this moment, StreamR datacoin is downtrending.
2 - Strong resistance at 200 EMA, as we looked in Sep 10 and Oct 18 (445 sats, at this moment)
3 - Strong resistance at red downtrend line - 455 sats, at this moment.
4 - Strong resistance at red RSI line (55 level, at this moment)
5 – Resistance at 310 sats.
Entry opportunity:
1 - If daily candle close above to 450 sats.
2 - If daily RSI broke the resistance line (red line).
NOTE: I BELIEVE IN STREAMR DATACOIN IN LONG TERM. VERY GOOD PROJECT!
Cheers
EURJPY H4 - Short SetupEURJPY H4 - Little bit of a relief rally yesterday from our identified support zone, recent H4 candle has closed to break support, potential rejection of weekly key level and retest of that broken zone before possible short continuations, simply support turned to resistance. Very similar to DXY where resistance turned to support.
Data/btc descending channelData/btc currently in descending channel pattern
And recently got rejected from upper trendline of the channel
I expect it to drop to key support level 316-280 sat from here we can see bullish movement to trendline resistance again
If the key support broken downward
It will drop to accumulation zone again and we can expect strong buyers will come if it dropped to that level
*Special condition :
If data managed to break the descending channel trendline and close above that will be a good buy and I will update if that happens to next targets
Bitcoin : Overview
In Bitcoin, a slight loss of momentum is observed in the volume-based On Balance Volume Indicator.
When we look at the relative COT Positions (for which we chose some distant past)
While the price is up 55%, positions are not at a level to support it.
But it would be more robust to see a similar mismatch from the recent past.
Here, in the first place, we will look at whether it has closed above the price value of 11671.5.
When we examine the Blockchain data in the automatic period:
Small blockages are observed in Bitcoin transaction volume,hashrate,miner's revenue. (Not really negative now)
If these values decrease while the price is rising, it will trigger a short position.
It should not be forgotten that the support point for the digital currency, which is also tied to the US presidential election, is 9688.5 .
Regards.
DATAUSDT AnalysisAt this moment, there is BULL signal present and risk-reward ratio is higher than 2.
Also, the candles are above my down trend line.
If you are holding DATA, do not hurry to sell. You can sell when there are sell signals present or you can take profit at the resistance level (0.058)
Also, if you haven't bought DATA , since there are BULL signal present & the risk-reward ratio is higher than 2, you can buy right now. If you buy, please watch out for EngineeringRobo's sell signals.