DATAUSDT trade ideas
datausdt breakout...................................................................................................................................................................................................................................................................................................
High density in DATA, Mid-term is greenDATA is one of the good tokens to swing with it and take short-time profits but now there is dense on the chart, so it seems mid-term is going to make all the holders happy. I will hold some. December could be a great month for this undervalued project.
My targets:
- 1st: $0.24
- 2nd: $0.33
- 3rd: new ATH around $0.5
DATA/USDT-1D-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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STREAMR DATACOIN / TETHERUSDATA Price Live Data
The live Streamr price today is $0.124216 USD with a 24-hour trading volume of $16,180,664 USD. We update our DATA to USD price in real-time. Streamr is up 6.63% in the last 24 hours. The current CoinMarketCap ranking is #399, with a live market cap of $95,288,898 USD. It has a circulating supply of 767,121,867 DATA coins and the max. supply is not available.
If you would like to know where to buy Streamr, the top exchanges for trading in Streamr are currently Binance, Mandala Exchange, Gate. io , Hotcoin Global, and BiONE. You can find others listed on our crypto exchanges page.
What Is Streamr (DATA)?
Streamr (DATA) is an open source project and decentralized platform that relies on cryptography instead of trust. It is a P2P, real-time data infrastructure that houses a platform and tools for a new data economy. The technology stack includes a scalable real-time messaging network (pub/sub) hosted on computers worldwide, a marketplace for trading/selling data and a set of tools for working with real-time data.
Streamr (DATA) was crowdfunded in 2017. The main idea is to create decentralized infrastructure and data economy; the mission was formulated by the developers as “Unstoppable Data for Unstoppable Apps.” Streamr tokenizes the value of real-time information and makes it available on their marketplace and data unions. This is built for DApps, IoT devices and more, and they believe this is a crucial protocol for Web 3.0.
The tasks of Streamr DATA coin include creating a comfortable and prosperous information market, which is built on the basis of a data exchange network that is convenient and understandable for users. How it works: the decentralized pub/sub network is supported by nodes around the world, who earn DATA tokens in exchange for the bandwidth and validation they provide.
The competitive advantage lies in the fact that it is an off-chain network (for example, when compared to a similar IOTA service). Therefore, the risk that the project will face scalability and bandwidth issues is modest. The intention of the Streamr team is not to create some special blockchain, but to focus on the development of network optimization technologies. If Streamr lacks the capabilities of Ethereum , developers can always transfer the platform to another blockchain.
We see the chilek triangle pattern on the verge of breaking through to the top
The price is squeezed inside the pattern and will have to make a move either up or down.
Looking at the previous uptrend that peaked on April 7, 2021, this is a continuation pattern with a higher probability of a breakout to the upside.
Profit/3180.(156%)
Targets
0.151
0.183
0.216
0.261
0.318
🉑StreamrDATA-The time has come? Solid conditions for a breakoutThe price is currently sitting in the area of big support, actually the biggest support confluence since the beginning of this year. Could this mean the next push towards the area of major resistance will actually break it? Very possible, we'll see what happens.
You can check out related ideas to see macro view.
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About DATA:
Streamr DATAcoin is an off-chain network focused on data monetization and exchange. As an off-chain component, Streamr’s system will work alongside blockchains–at this point, it’s built on and for Ethereum . It will utilize smart contracts to allow machines and individuals to trade data across its network.
Essentially, the network will facilitate a marketplace that allows anyone to publish or consume data. The Streamr team believes it will break the data monetization mold big businesses have set with cloud services.
Source: coincentral
Streamr DATAUSDT - Symmetrical triangle / bull flag +1100% gains- Streamr - DATA - Rank #424 - Token
- DATA is currently breaking out of the symmetrical triangle.
- After that, explosive move will folow.
- Bullish volume is higher and RSI is prepared.
- Profit target is 1.618 FIB extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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🉑StreamrDATA- an opportunity for a re-buyAfter a huge pump a few weeks ago (congratulations if you got in- see related ideas), the price is now back at pre-breakout levels. This could be an opportunity to buy back for those who took profits during the pump, or for those who have been waiting to get in.