DATA
Elliott Waves working on 4h chartWe could see the first elliott wave completed!
The top chart's blue line is a big resistance (275 days downtrend).
If we see this channell broking, I expect a BIG MOVEMENT (second Elliott Wave). Keep your eye open.
DATA is near to trend reversal (bearish to bullish).
SNOW READY FOR A BLIZZARD !1! Snow on the daily is getting squeezed by a bullish pennant . MACD is looking ready to flip along with squeeze momentum finally finishing its sell off. With declining sell volume as well and SNOW consistently holding up its long term support line we could see SNOW gap up to its first price target of $330. Along with the trend analysis as seen we also have to take into account NASDAQ:MSFT earnings report released today stating that they had a 17% revenue increase because of cloud business. The future is SaaS and SNOW is looking ready to snow some cash !
SNOW over 293.19Elliott Wave analysis here indicates this will put in the third and most powerful impulsive wave soon with a first conservative target above. Count is invalidated below 279.10. Note that the projection here is the price level and the time this price is reached is not an exact part of the projection here.
STREAMR is too close to trend reversalStreamr DATAcoin is fighting against resistance to break the EMA 200, since November 9 (70 days below EMA 200).
DATA touched 10 times EMA 200 since Nov 9.
But we are too close to see a trend reversal, breaking above EMA 200.
Ema 50 / EMA 200 cross will put DATA to bullish mode.
BLZ forming cup & handleBluzelle forming a multi month cup & handle !
The 5th of November RSI got very oversold and there is now a positive RSI divergence at the double bottom in price terms.
I am loading up on this one again since it has been one of the best performing DeFi projects in the recent short Altseason.
I think BLUZELLE will be one of the best performers in the next one !
DATA reached previous accoumlation zoneDATA / BTC
Price was in downtrend channel and dropped to the previous accoumlation zone (157-105 sats)
Last time From this area we had massive bullish rally to 1100+ sats !!!
Now we wait Bullish signs here first before a buy descision specially if BTC dominance start to decrease will be a good signs for alts like DATA
But best safe buy area is :
if price also managed to break trendline resistance and flip the next resistance in my chart into support ..if that happened it will open more targets for bulls to achieve
Good luck and happy trading 🌹
Streamr(DATA)/BTC - 2-5x Profit Incoming?Hello guys, We have been following a downtrend for a few weeks, and if you look into 1W TimeFrame, you can clearly see a Falling Wedge Pattern! As we are just about reaching the bottom, and if you realize what Falling Wedge means, you understand that there's lot of profit to take pretty soon! So my prediction is that between 28th December-11th January, we will be seeing ATLEAST 2x increase. Pretty excited to see how much further we can go!
Stay tuned guys!
Santa Claus Rally Defined for 2020The Santa Claus Rally was first published in the Traders Almanac in 1972. The definition is as follows:
A stock market rise during the last 5 trading days in December and the first 2 trading days in the following January.
For 2020 this means the Rally would start thursday December 24th, 2020; and end tuesday January 5th, 2021.
According to the 2019 Stock Trader's Almanac, stock prices have historically risen 76% of the time over the 7 trading days. So historically, there is bullish sentiment over these trading week.
There is a caveat, though; and it is well explained with the following quote from Yale Hirsch himself:
"If Santa Claus should fail to call; Bears may come to Broad & Wall" . Meaning, if the Santa Claus rally turn into a sell-off; January will be set for a continuation of selling.
December lows are currently the fundamental support level.
Happy new years to all,
Dorf
CLDR over 12.00Growing account pick. After a great earnings response it has sold off pretty violently, but has likely found support at a long term trend line and .5 fib. Over 12.00 should see continuation.
250 days RSI breakout ready to go!250 DAYS RSI breakout is VERY CLOSE!
1 - Strong resistance at 200 EMA (400sats , at this moment)
2 - Strong resistance at red downtrend line - 380 sats , at this moment.
3 - Strong resistance at red RSI line (51 level, at this moment)
Entry opportunity:
1 - If daily RSI broke the resistance line (red line).
2 - If daily candle close above to 380-400 sats.
NOTE: I believe in STREAMR DATACOIN in long term.The best opportunity is entry in early phase (RSI breakout).
The second opportunity (daily candle closing above 380-400, will put STREAMR to the next level!
Cheers
Alert: This data could be revelead; Buy Bitcoin!!!Hello, in this special analysis, I want to make a counsel for you, for your family and your own life.
Firstly, look this chart. Bitcoin could become an unique federal currency that could to smash all fiduciary currency. So, that mean that the U.S. Dollar it's in warning. Why? Because as Federal Reserve print out more and more money to inject in the economy. Each U.S. Dollar it's going down to devaluate their value. So guys, Buy Bitcoin as my good counsel or buy cryptocurrency in the Quantfury app, I reccomend to buy NEO and ADA to protect your own money, your own money it's in dangerous and your wealthly it's going to devaluate all your dreams. Save your life, save the life of your family and don't allow that goverment quit your money. Protect your money using Bitcoin hide of the back and away of the banks. Ok, let's me to explain you a thing. We are in this green circle zone and right now, we can to entry in the accumulation phase, and also, we would need to still alert of any altseason movement signal that we can to get benefit. For that reason, my own strategy it's to buy altcoins too. So, I use the Quantfury app to hold and buy crytptocurrency. I reccomend to buy contract minimum 2 of your favorite cryptocurrency. So, in that case NEO and ADA it's a good example for you and for me. You need to protect your money!!! Because as banks continue printing more money all fiducairy money going to loss the value. Look the example the thing of the disaster of Venezuela or Argentina. Venezueal and Argentina it's into this hyper-inflation, but Venezuela it's a good example of how the Bolivar Peso (Venezuela's currency) it's loss all value. So, it's mean that each 200,000 Bolivar Peso =$1 USD. Waoh, it's so horrible to pass hungry in the country that there's a hyper inflation and the upof the consumer price in your supermarket, services and more neccesity taht you'll need. For that reason, in Puerto Rico, that's my country that I life, as Puert Rico it's a U.S. territory, my island it's note this inflation on what the FED continue print out more and more money. If you live in United States, noticed that how the consumer price it's up when you're visit your supermarket.
So, covid-19 it's a disaster of how the humanity it's destroyed the world!!! So guys, I believe that Bitcoin continue up, so guys, the moment to buy altcoin as Bitcoin, and maybe why not choose Gold and Silver as second alternative to save your money. Guys, do you know what will be happening if Bitcoin achieve over $200,000 USD, my data show that as Bitcoin grow up near of 18,500% in the previously bull rally 2017, so the history it's repeat again and this data show that Bitcoin could to rech toward near of $600,000 USD.
In my own summary, you need to protect your all money, before to make later and your family going to suffered, in anyplace in the world where you're live, all fiduciary currencies it's going to loss their value.
So guys, I belive taht I'm a people that help other people to understand this fiancial crisis that staring on this year. And there's not time and the time it's limited as Bitcoin goes to the moon.