Data Falling Wedge + Bullish Divergenceprice now at falling wedge trend line support
if you want to buy
good entry 250 - 255
stop : 230
Target : 280 , 300 , 350 ,400
we have pretty good bullish divergence
DATABTC
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
Overview: Possible Altseason on 202!!!The Bitcoin dominance is still bearish and there're not signal that Bitcoin is still strenghten. So, the dominance is still bearish from September 2019 and that put that many altcoins could to make a up!!!
So, I proyect first that Bitcoin Dominance is leading to the 63%, but as we're into this bearish channel. We could see a possible drop of 12% in the Bitcoin dominance. So, that could be a maximum alert on weekly when the dominance is reach the 63% if we see another altseason to pick up benefit. But, for there, I will interesting to checkout the Ethereum Dominance, Litecoin Dominance and other cryptocurrency dominance to know this data informatic.
DATACOIN 1DThe interval between the pumps is decreasing, I estimate that within 13 days there will be either a very aggressive wave going up or down where we could move again for 30 days. I'll see what the whales prepare for us.'
It is based exactly on the date when the unions 2.0 announces data, either it's a coincidence or the whales are hiding something from us.
TARGET 1 - 900
TARGET 2 - 1100
TARGET 3 - 1750 sat
DATA downtrend continue?Trade in profit! Push up Like button if you like my reviews and help you understand the current market situation! Subscribe to the channel and stay tuned for trading ideas that are not trading recommendations.
And remember! You must have your head on your shoulders! Do not trust anyone - not even me :)
Thanks to your likes, I understand how many people rated my review positively. I spend my personal time monitoring the market situation and share my opinion openly with you. Please take this moment into account and treat it with understanding.
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
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
DATA 4h chartDATA Information:
1 - Accumulation zone: 525 - 715 sats
2.1 - First support: 525 sats
2.2 - Second support: Bottom of red line
3.1 - First resistance: Top of red line
3.2 - Seccond resistance: 715 sats (top of accumulation zone)
4 - We have strong resistance in the RSI (red line)
DATA trading by pitchfork strategyDATA is moving at the bottom of pitchfork channel. In according to pitchfork rules, it can move up to median line. I think 569 can be a good zone to set the first target.
DATA/BTC (Rejected @ Trendline Resistance)DATA/BTC
-Streamr DATAcoin got rejected by the trendline resistance
-The price is likely to go back down to retest the previous Low support
-The 400 sat area is a previous resistance turned support
-If the price hits that level, the chances of another bounce up reaction are high
-But I will always recommend opening a Buy order only if there are Bullish signs
-Because if there will be no sign of reaction at potential support
-It is likely to fall lower and cut through the support area
-That's why waiting for the right formula will reduce the risk involved
Streamr Datacoin Daily AnalysisStreamr DATAcoin Daily Analysis:
1 - Accumulation zone still at: 525 - 715 sats
2 - Strong support at EMA 200: 505 sats
3 - Strong resistance: 60 RSI (red line)
4 - Daily RSI breaking above 60 level: great movement will be expected
LARGO - DATA - Oportunidad de CompraBINANCE:DATABTC ha estado en un periodo de consolidación de varias semanas luego de la ta gran tendencia bajista en la que concluyó la subida descontrolada de hace varios meses, por fin ha vuelto a hacer del MA50 a 4h un soporte, lo que nos indica que la tendencia potencialmente va a cambiar.
Entrada: 0.00000442
Objetivo 1: 0.00000485
Objetivo 2: 0.00000524
SL: 0.00000424
Momento™ no proporciona asesoramiento de inversiones y no tiene en cuenta las circunstancias personales de los suscriptores al analizar las inversiones. Invertir implica un alto grado de riesgo y debe ser considerado solo por personas que puedan permitirse el lujo de sufrir una pérdida de su posición completa.
Momento™ no está registrado, licenciado o autorizado para proporcionar asesoramiento de inversión y simplemente proporciona una opinión, que se da sin ninguna responsabilidad o dependencia de ningún tipo. La información aquí contenida no es una oferta, solicitud, recomendación o consejo para comprar, retener o vender ningún bien. Momento™ no hace ninguna representación en cuanto a la integridad, precisión u oportunidad del material proporcionado y toda la información y opiniones proporcionadas por Momento™ están sujetas a cambios sin previo aviso y se brindan en una base de no dependencia y sin aceptación de ninguna responsabilidad u obligación que surja.
DATA/BTC (Pullback, Retest New Support?)DATA/BTC
-the trendline resistance has been broken to the upside
-but the price has retraced and potentially will reset the new support
-the highlighted green area if the immediately level needs to hold
-to continue its uptrend short term bias
-for now, there is no major red flag yet
-we will have to observe the situation in the coming 3-5 days
