Moonboy - Never Broke Again {-aka-} TheRealJackDaniels {-aka-} Rainy Ryan October 31, 2018 StreamR DATAcoin: Crypto - Trade, Technical, Fundamental Analysis
Trade Score: Solid (7.5/10) Looking Promising! If DATA can break this resistance then boy oh boy, get your pots and pans, we may have SAUCE TO SPARE. DATA should get a nice little POP like all of his other Altcoin buddies within a few weeks - charts showing very similar patterns. - *(granted BTC/USD/Stocks don't do anything too drastic).
Indicators: Great (8/10) -MACD: Consistently creating (Higher-Lows) since mid-August, Bullish -STOCH RSI: Looking very Oversold -Volume: Recent Spike - plenty of Green, with little Red response, (evidence of good mood/comfort level) -Trend/Mood: . Balls Back - Heatin Up... Altcoin Season, get your tags. Low/Mid cappers popping off daily.
Fundamentals: Good (7/10) -Rank and Market Cap: Mid 100s + Low Millions (Low/Mid-Cap) -Hype Level: Low Marketing + Low Trading Volume (3MilUSD) -Concept: Dope IoT/data-focused project. Creates/catalyzes high speed economies between devices, data, users, and companies. Example: You car can instantly buy road/traffic condition data from other smart cars, while selling its own data back. Sector Dissection: "overshadowed" by IOTA, IOTX and others, but can actually complement their products quite nicely.
- Current State of Being - Rising - Spiking - Retracing HARD - Battling for new "Neck Support" - Winning/Stabilizing - REPEAT
Strategy: *Not Financial Advice - Not a Financial Advisor - New to Technical/Trading Analysis* May be a good idea to buy in once this Neckline retraces/reestablishes solid support and play the weekly trends/spikes. The above evidence seems like enough foundation to reasonably assume a solid return of between 20% - 100% within the next 2 months, as long as nothing crazy happens with the overall BTC or stock market. (However, they both seem to be making pivotal moves on shaky ground right now so who the hell knows.)
Moonboy - Never Broke Again {aka} TheRealJackDaniels Connect with me on Twitter: twitter.com/MoonboyNBA Comments/Corrections are welcome.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.