DATA
MDT 2XMeasurable Data Token is an incredibly unique protocol which allows users to both own and earn from their own data. Over and over again the term "data is the asset class" is stated within a slew of new blockchain protocols, unsurprisingly. These data protocols, at least as seen with MDT are far less dependent on the volatility of Bitcoin.
In this case entry between a 33% speedline retracement at .0806 and prior daily support of .0742. Recently added to Coinbase after prior being available on Gate and other large to small but less reliable exchanges with less liquidity, it appears to be settling into a pattern, albeit expedited still. SL being kept at 5% below the lower buy zone, but preferably no daily close at 3% below or .072. If so will look for new entry closer to prior trend line.
Currently up 11% on the daily would layer bids with significantly closer to the lower end of buy zone of .0742. Will be my second go round with this token but use case warrants it and a target of .1612 is not at all out of the question.
Stocks Awaiting Key Macro DataStocks seemed to have topped off just below highs. Persistent risks like the impending Evergrande default, Fed tapering, and Omicron seem to be completely shrugged off. However we do appear to be in a sideways correction between 4668 and 4729. We are seeing both green and red triangles on the KRI corresponding to the upper and lower bounds of this range and suggesting a narrow band for the price action for now. Tomorrow is a big data day, as we will have CPI and Michigan Consumer Sentiment. It would make sense for stocks to hold the range in anticipation of this data. But if we do break out, 4729 should provide resistance. If we break down from this range then there is a cluster of levels below ending at 4632. Watch the vacuum zone below that to 4580.
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 $0.5
Intercontinental exchange - Huge influence So many would wonder why I'm looking at this, you'll see why very soon for it will determine everything that happens.
NYSE:ICE
SP:SPX
TVC:SPX
FOREXCOM:SPXUSD
OANDA:SPX500USD
TVC:GOLD
TVC:SILVER
TVC:NDX
NASDAQ:NDX
CURRENCYCOM:US100
CAPITALCOM:US100
AMEX:SPY
CAPITALCOM:SPY
#PLTR reacts well on 20$ support and closed above yesterday highAs I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level.
I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the price reacted reaching an average of 45% increase and I want to think that this might be happening again this time.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
🉑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
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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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