DATA
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.
Chainlink Could be One of the Top 3 Crypto!! LINK/USDChainlink is a blockchain protocol that pulls real-world data from outside the blockchain to verify information in a secure and decentralized way.
Major companies like Intel, Oracle, and Google have seen value in Chainlink and have partnered with the project. The data provider currently has over 150 data feeds and is strengthening its foothold with its recent acquisition of DECO from Cornell University.
DECO will guarantee data feeds remain private and untampered by using cryptography and pulling data from the most widely used servers on the internet. This vastly increases the sources for Chainlink’s oracles to include web pages we visit every day.
Chainlink is also seeing a surge in demand, thanks to the growing popularity of DeFi. These protocols need access to reliable price feeds. Since July, Chainlink’s secured value has grown from $220 million to $3 billion. That’s a 1,264% increase in just two months.
With DeFi and blockchain technology just getting started, Chainlink will play a critical role in bringing secure and reliable data to these networks. For these reasons, we see Chainlink as a great token to continue holding.
DATA/BTC (Testing Previous Resistance; Flip to Support?)BINANCE: DATABTC
-Streamr DATAcoin is testing the major support area during its downtrend
-The support zone at 369 sat is previously resistance twice
-This is a good chance to flip this area into new support
-If you are a support buyer, this zone is a perfect entry with tight stop loss
-But if you want a conservative entry position
-I suggest waiting for the mid trendline resistance breakout
-Base from trading history, midline breakout result to a retest of the upper line areas
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Topping up #AR9. Seems to be finding a base here.Topping up here
TA,
- Trend line support
- 20EMA daily
- Ascending triangle
- RSI relatively oversold
- Short term resistance at 0.6 show by high volume. Good place to take some profits if you intend to.
Concerns,
- Recent earnings and 50% loss in operating revenue. However, the earnings reaction was neutral which shows strong hands holding this.
- If negative momentum continues, could see 0.35 in the short term. Should bounce there(first touch rejection 90% of the time)
FA,
Fundamentally, I am betting on the the team and the trust they've developed over the last 1.5 decades
It's quite obvious that the next decade will be dominated by data,cloud and IoT. Cyber security is the back bone for this next paradigm and it is highly unlikely governments will outsource data security to a non-Australian company. AR9 has built this trust over the last 1.5 decades. Trust is hard to replicate on balance sheets.
BLZ negt upleg close !! Watch out above 1051 sats !!This thing is preparing for the next upleg.
It will be powerful since there is little resistance above 1051 sats.
Still very early in the cycle with 30 million MarketCap !!
Accessing FRED data via TradingViewHey guys.
As a macro trader, I really need to look at a wide variety of indicators and market data, whether economic or price based.
However, I HATE many of the other charts that are out there.
So I'd like to introduce you to a little known trick.
Have you heard of Quandl?
They provide alternate data sets for loads of different types of things, whether it's COT data, corporate debt, carbon emissions... you name it, you can probably find it.
The problem is that many of these cost.
Enter FRED, or 'Federal Reserve Economic Data', compiled by the Federal Reserve Bank of St Louis.
They provide data on their website, but the charts aren't very intuitive and you can't manipulate, compare or add in other assets to try to visualise a thesis.
So, there's a great solution.
In the chart above, I have shown the 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity.
This is an interest rate spread - and specifically, it's identifying a steepener trade (this shows that the yield on longer term bonds are rising faster than shorter term bonds, so could be indicative of an increase in inflation expectations).
So what I did was go onto FRED (give it a Google), copy the data code (T10Y3M), head over the Quandl (again, give it a Google), then pop that code into the search box.
You'll then see the data set pop up.
Click through and you will see a standard boring orange line chart.
But over to the right, you'll see 'Excel/TradingView' buttons.
Click TradingView and you can view the data in TV charts!
FRED data is all totally free and it's pretty comprehensive.
Check it out and let me know what you think.
LTO long : Ascending triangleTA,
-MA crossover
-MACD crossover
-broke .685 level = new support
-clean ascending triangle
FA,
- Hybrid blockchain for securing, verifying and exchanging business-critical information
- Protect data
- Issue accreditations for your business
- P2P data exchange
Entry : .691
Exit : .763
SL: .667(thesis invalidated if major support is broken)
RR 1:1