Crypto Market Is Still Very Small Relative To Everything ElseCrypto Market is still very small relative to everything else.
2017 bubble was due to capital inflow plus some whales trying to make a lot of money by pumping the whole market.
Despite the crash, crypto is still there. People around the world still buy and trade shitcoins. Crypto is not going anywhere.
Streamr Data Coin currently has a market cap of around 20 Million USD, yet, the action of very few people or whales can cause this massive spike to 1700 sat.
In just few days, the coin manage to up as much as 10x from its prior price.
There is no liquidity and therefore the orderbook is very thin, even considering that Binance is the largest crypto exchange with the most liquidity.
This is just like penny stocks and OTC market, unfortunately most wall street people don't even understand how penny stocks/OTC market works, and they bring whatever things they learn from trading commodity or futures.
Crypto is more akin to penny stocks than anything else. And penny stocks is famous for its pump and dump scheme.
If you want to play this market, you need to understand how humans psychology is being manipulated and how whales manipulate the whole market.
In this case, the only way for someone to make money if they buy at low price and then put some sell order at much higher prices or have bots/api doing this for them.
That's the only way to make money at the moment, before another influx of capital into this market.
This market will remain small and fringe until it reaches trillion dollar in valuations.
That's why my approach has always been this is just like penny stocks. I don't HODL penny stocks. I only trade them, buy small amount at low price and sell when there are massive spikes.
Regards.
DATABTC trade ideas
Streamr DATAcoin Preparing For A New Round | 100%+ PossibleStreamr DATAcoin (DATABTC) is preparing for a new round of profits after a long consolidation period.
Today we have a high volume candlestick that is moving pass EMA10 and EMA50 while at the same time it challenged EMA100 (blue line).
With bullish indicators, this altcoin pair is getting ready to grow.
Here is my previous chart with 44%+ generated profits:
Remember to hit LIKE for more.
Namaste.
LONG - DATA - Trading Opportunity#DATA/BTC: We are going to play this range once again, the same entry and targets with a slight variation. Also now we have a retest of the daily Ichimoku cloud and it has been holding for the past few days.
Entry: 0.00000133
Target : 0.00000145
Target : 0.00000155
Target : 0.00000167
SL: 0.00000127
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.
Streamr DATAcoin Continues Higher | Next Target +66.6%Streamr DATAcoin (DATABTC) is another pair on Binance that is challenging resistance as I write this.
Several weeks back, we were always looking at EMA10 (green line) for signals regarding the potential of a pair, either bearish or bullish (below or above).
Now, most of the altcoins pairs are trading not only above EMA10 but also above EMA50 (magenta) and even EMA100 (blue).
When a pair is above EMA100, the next move that it makes can be a big one, because there isn't much resistance on the way up.
DATABTC is now challenging EMA100 (0.00000154) and trying to move above it. A close above this level and the next target activates, EMA200 or 0.00000236 btc. This is in between 1.618 and 2 Fib. projection for the next bullish wave... Over 50% of potential profits.
Chart signals:
Increasing volume.
Strong chart structure.
Bullish indicators.
DATABTC is expected to continue with its growth.
Conditions for change
The low set on the 10-Aug. can be used as a stop-loss. If DATABTC moves below this level, the above signals are invalidated and a new analysis is needed. All trading above 87 satoshis and DATABTC remains bullish for long-term growth.
Previous chart | DATABTC (+44%)
Thanks a lot for reading.
Namaste.
LONG - DATA - Trading OpportunityConsolidating nicely on this bottom and is looking close to a breakout. Again, the stop loss us further than we feel comfortable with so we would lower the position size o this trade
Entry: 0.00000133
Target : 0.00000145
Target : 0.00000155
Target : 0.00000167
SL: 0.00000121
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.
data(datacoin)data have important point=0.00000126 btc
case 1(green way): data last day has 3min pump that now i see week .but if data hold 0.00000126 btc then i expect data will go to target 1=0.000001713 btc
case 2(red way) : if data break 0.00000126 btc then fall down to 0.0000005512 btc
good luck
Streamr DATAcoin Is Now Bullish | Over 222%+ Profits PotentialStreamr DATAcoin (DATABTC) is another really hot Binance pair right now... Let's take a look at the chart:
DATABTC moved passively above EMA10. Yesterday it managed to close above EMA50 and is now aiming to go higher.
EMA100 at 0.00000160 is the next short-term target.
EMA5 crossed up EMA50, this is a bullish signal.
We are seeing multiple bullish candles being printed... DATABTC is gaining momentum.
The MACD and RSI are both on the bullish side.
The TD Sequential is giving a bullish signal.
Streamr DATAcoin (DATABTC) can easily move anytime now. It can move within hours just as it can take a few days.
Conditions for change
If DATABTC moves lower, the first support is found at EMA10 or 0.00000120, followed by 0.00000100. The last low is sitting at 0.00000087. These levels should work as support if DATABTC moves lower and a bounce is highly expected.
If the last low is broken prices can move lower... At the moment, the chart above is super bullish... Prepare for gains.
Namaste.
DATABTC - Hidden Bullish divergence on 4h4h shows a bullish hidden divergence so could be a good sign to enter
1D
Shows that it keeps popping to the upside but gets rejected off of the 72ema, could be first target for 15%
Got quite a jump until the next block of big resistance, around 40% but the 200ema may act as resistance before then.
I now NOTHING about this project so don't know how strong the FA is.