DATA
This could be diamond pattern, fingers crossed?!As you can see data could be forming diamond pattern . If the bottom black trend line holds the trend we could see bullish breakout soon.
But BTC is in free falling stage now so be careful. (Probably going to touch ~8400$)
Watch the situation closely, because data also formed head and shoulders which are struggling to get confirmed. If it gets confirmed we could drop back to 0.12$ :(
BTCUSD 100d MA Bull to Bear Analysis | Cycle Completed | Jan 17| Summary |
Fuelled by the perfect storm of uncertainty in Asia, regulatory pressure in the US, lack of market exuberance and over extension in price action, the 100d MA Bull to Bear Cycle has now completed with price action hitting the 100d MA support on 16/01/18.
The current cycle lasted a total of 124 days, which is an over extension of 8d past the average of 115d.
The performance of this cycle was a positive 298% increase, representing the largest post 2014 100d MA Bull to Bear Cycle performance gain.
| Detail |
Charting the bull to bear price action back to 2012, I was able to then create a picture of the market cycles based on the 100d MA acting as support. My rationale behind this was that as markets are cyclical I wanted to gain a view point from a long term investing perspective allowing for potential risk management on the downside using this as an indicator for market progression.
See HERE for full charting history.
The questions I wanted to answer through this analysis are:
* How is the BTCUSD market/price action changing as it matures
* Market forces triggering Bull extensions to Bear retracement
* What was the performance of each bull run in relation to the previous
* How long does the BTCUSD price take to move from Bull to Bear and vice versa
* What correlations and thesis may we see and conclude on (if any)
| Breaking The Chart Down |
1) Indicates the Bull to Bear Cycle (BBC) start date - 14-09-17
2) Indicates the predicted BBC end date based on the average cycle length - 06-01-18
3) Indicates the true BBC completion date - 16-01-18
From the above, I have established the BBC can potentially be used as a market risk indicator, where the longer it extends past the average cycle timeframe, the riskier it is to take up large positions.
| Conclusion |
With the 100d BBC completed, it’s now time to evaluate whether there will be a true bear market moving past the 100d MA, or if the price action will take a breather, tracking the 100d MA support, and then head for new all time highs as it has done previously.
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Let's Get CoinMarketCap Data On Tradingview!getsatisfaction.com
Alright guys, I got permission from the founders email to post this as an idea, so don't try to ban me!! haha. But you all PLEASE go vote for this on the link! I would love for Tradingview to get the Coinmarketcap data of market cap so we as analyst can track the cash flows going in and out of the market! I think this would be the closest thing we could get to indices like the DOWJ, Nikkei, etc. as far as just tracking the growth of the market as a whole.
I think we could analyze it to the depth where we can try to predict when the market may take hits, or when the market is expected to grow. Some investors may even use it as a benchmark for their portfolio growth. I would love to add this on here and there would be many more positives to this than negatives (if there are any) in my opinion. PLEASE Like, share, spread the message and DONT forget to vote! I can't tell you all how important I think this is.
VOTE VOTE VOTE. EBALL FOR PRESIDENT.
Sidenote: Isn't that a beautiful background? :D
Has The Name Blockchain, Going Up 200%No analysis whatsoever needed. It has the name blockchain and hasn't taken off yet. Plus, all the restricted shares have a mandatory hold period until April. Float is only 19 million. .........................................................
................on a side note, it is also a data and cyber security company
Spotting a pennant again ?Hope that this time I'm right again, but looks like data is building up for a nice breakout again, put your stop losses, but don't put them to close because I expect it to go down hard again like previous times, before going up, also think if it doesn't come up straight it will eventualy
Data up!!! READY TO UP!!a triangle has been formed with its resistance in green, to be overcome we will reach .301 to .307. If this happens exactly as I planted it, it is very likely that they will follow the string of numbers as the graph shows. until you reach point 5 between .384 to .40
Passion is necessary at this time, remember that patience is bitter but sweet are the results.
If you are thinking about investing little money and having a significant profit, I would recommend this modeda y Yoyow.
Each project has its qualities, just buy and wait for it to rise.
Note: This is a point of view and I share it with you, if you have something more to add, I will be happy to listen to you.
that you have many successes and a blessed day !!
Seagate Technologies Breakout on Crypto NewsSeagate Technology plc (STX) provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company manufactures and distributes hard disk drives, solid state drives and their related controllers, solid state hybrid drives, and storage subsystems. The company started an explosive move higher on a report that they were early investors in Ripple, the cryptocurrency attempting to revolutionize the way financial institutes move money. The stake would reportedly have been worth roughly $8 billion at the time of the news vs. a $12 billion market cap for Seagate. This all lead to a breakout to all time highs for the stock as seen in the chart.
Data forming possible CYPHER patterAs you can see there is high possibility that DATA is forming CYPHER pattern, so the targeted price could be 0.2$. Let's wait and see. Data for sure is and great long term coin with great potential and forming of a cypher pattern would only confirm that.
DATA/USD GOOD MOMENT TO LONGHello, this is my new analysis on this currency. the detailed information is in the graph.
I will be updating this and other currencies.
Do not forget to give him what you like and follow me so you do not miss anything.
much success for you !!
HAPPY WEEK!!
datusd DATA atentos al rompimiento, he actualizado mi grafico, vamos a ver una subida en las proximas horas. (8Hr)
actualizare mi grafico mas tarde.
Streamr DATAcoin dollar: wave three should be on its wayThere seems to be huge upside potential with this datusd, who may be seen as a smaller brother of iota.
First, resistance at 0.35 USD has to be taken out.
DATA / USD // Bitfinex - LONGDATA has been showing great potential and in my opinion we are looking for an great oportunity for profit.
DATA has broke an descending channel and is now possibly running towards its all time high value.
In the chart you can see the values for the entry position, profit position and stop position
Data Stream CHANGE OF TREND IN THE NEXT 4-5 Hr.CHANGE OF TREND IN THE NEXT 4-5 Hr.
Possible breakdown of resistance:
You can buy at this time with a stop loss of 5% or wait for the break to be confirmed to buy.
target 1: .298
target 2: .35152
in case of falling below the support line we will be going down to .152 usd to .14
DATUSD BIG BULL RUN AWAITEDStreamr, also referred to as IOTA's little brother has gained huge awareness over the past few weeks. After having completed a solid impulsive wave, we saw a five wave corrective structure - which now has been broken to the upside. MUCH confluence for the $0.50 area as a target. I am a day/swingtrader, so that's the price level I'll most probably close my position. After this I'll be looking for a re entry after another corrective structure. For Q1 I am expecting a very similar price behaviour we saw in the month of November and December with IOTA and Santiment. Might be not that fast and impulsive, but $4-5 should be not to unrealistic for Q1 2018. Definitely a great time to buy for both, swingtraders and investors.
Data Increasing CyclesThere is a lot of money being quietly pushed into this coin, each cycle larger than the previous - Easy coin to swing trade and a great coin to hodl from the whispers i'm hearing ;)
Will YOYOW , Streamer Datacoin and QASH Hit 100$ In 2018 ?Hello Altcoiners
I have a question that if SAN , OMG, IOTA,EOS, QTUM... Are hitting new levels with speed of light then what about YOYOW , Streamer DATAcoin and QASH?
Can you tell us your free proper opinion and open discussion about this subject?
DownTrend On DATA There is the end of a DownTrend and it match with Fibo.
It may breakout and match with the other Fibo's Resistance
DATA in uptrend channelDATA shows upward movement since 25 nov, RSI is >50% from this date, and now it formed local uptrend channel, so we can see strong move to 0.20 and higher this days
Another Data Breakout?RSI is still bullish! I'm thinking it will consolidate for a little bit, and visit a few support levels first, then breakout. If it breaks down expect the trend line.
Here's what it looks like against BTC:
Cheers and GLWT!
-Erik