DATABTC
DATABTC on the bottom of ascending channelDATABTC is on the bottom of its ascending channel and there is a high potential of price increment.
important support and resistance are shown on the chart. as you can see, the bottom of the channel overlapped with a strong static resistance and MA(100) so it is very important. wait for confirmation, if the reversal happened, open a long position and targets are also indicated on the chart.
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DATA/BTC Bear Flag Update is short Time Frame#DATA/BTC Bear Flag Update:
Current price of DATA/BTC is 678 Satoshi.
#DATA Now Looking Bearish but Now we can see one Spike upward side before downside.
So keep in mind bellow point-
Support: 601 Sat
Target: 785 Sat
SL: 650 Sat ( if open Long)
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LONG - DATA - Trading OpportunityAfter BINANCE:DATABTC insane pump a few days ago, an ascending triangle formation seems to have taken place, while the volume slowly decreases we might see a last hurrah pump.
This is quite a risky trade so take that in consideration for position size.
Entry: 0.00000471
Target 1: 0.00000596
Target 2: 0.00000725
SL: 0.00000429
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Streamr DATAcoin Perfect Ascending TriangleThe "ascending triangle" is a continuation pattern and bullish in nature.
Here can see where the Streamr DATAcoin chart (DATABTC) printed a perfect ascending triangle that produced a bullish breakout.
When you see this pattern, the bulls are in favor.
Namaste.
DATA/BTC TA Update (Bullish Scenario?)DATA/BTC
This is a bullish scenario for DATA where we can see a potential ascending triangle pattern.
A flat line of resistance is respected between 505 - 460 sat area and a new higher low at 320 sat.
If DATA pulls back at 400 sats and confirmed another higher low.
The chances of performing this pattern are increased and the way we trade this type of setup
is to wait for the break of resistance and enter a Long position.
Bearish side, if the trend-line support is broken than the pattern is invalidated.
DATA ANALYSIS (UPTREND BROKEN! FURTHER DECLINE INCOMING)DATA ANLYSIS:
DATA has recently been on a free fall back towards support. There was a short term uptrend that was also broken. The trend was retested and rejected, now only hanging onto the 200MA. It is expected now that DATA breaks the 200MA and dips back to support near 85-115 sats. This is a great buy entry for long term targets of T1 at 177 and T2 at 192. Breaking thru those two points would be very bullish and a sharp rise may come following that break. For now, look for 160 sats to break down back to support and look for a proper entry!
Possible Entries: 85-115 sats
DATAcoin StreamrHello everyone, we're back on the boat and Streamr is starting to make interesting bullish signals! The market is likely to fall due to the Corona virus, but Data goes against the market and wants to get the most out of it! If this level is maintained in the bullish flag, we can expect higher results!
STOP LOSS: 215!
TARGET? : 500-600 satoshi!
WELCOME GUYS AND HAVE FUN
Streamr DATAcoin BooM! (+185% Today)Streamr DATAcoin (DATABTC) just made a huge move and I was wondering if the same will happen as back in Nov. '19... We had a 593% daily candle.
The trading volume is really high, as high as "bull run" volume and the same magnitude we saw late last year.
There is a big chance that DATABTC will produce massive gains once more... Here is my previous chart:
Feb 13 | Streamr DATAcoin Short-Term | 131% Mapped
Thanks a lot for reading.
'
Namaste.
Streamr DATAcoin Short-Term | 131% MappedWhat you can see here is a falling wedge, a bullish pattern, so we have a bullish breakout with all major resistance levels being conquered, only EMA300 (grey) is missing.
EMA300 is right now at 0.00000239. Once this level is conquered, you will see massive growth for DATABTC (Streamr DATAcoin).
This can happen right away (1), just as there can be a retrace (2). If a retrace does come, the next bullish wave will be even stronger (3).
Namaste.
Data reached a good buyzone in accumulationHello there, this is our view on DATABTC, enjoy!
Analysis:
-On chart:
Volume breakout of a small bear flag, near the top of a falling wedge and facing the potential breakout of a major downtrend. Good accumulation after dump and pump; also moving inside bullish disjoint angle (you could count waves by yourself). SMAs formed multiple golden crosses on short lengths, while 50-200 is still bearish; same for EMAs, but 50-200, which are forming a golden cross. Price now retesting weighted moving average 200, it may be a trial for a bull run (on h4, just a simple daily pump for most of us). Recently attempted to run above upper band, but it was rejected, now reaccumulating in the range mid-up, this will be obviously bullish unless we see breakdown of the middle band (this is the scenario we're hoping for as we could buy the cheap dip). Ichimoku is extremely bullish too, we're running far above the cloud which has just turned bullish, so we might see a retracing soon according to bollinger bands and wma 200 previous forecast.
-Technicals:
Some oscillators are slightly bullish: money flow, rsi and ultimate formed bull divergences from oversold, while chaikin and stoch (14,3,3) formed bear divergences and now are looking for the support trendline from oversold. Macd a little bearish, while awesome states no momentum at all; macd also just about to form a death cross, in that case we'll buy below current support (165).
-Nb:
Volumes coming in!
Strategy:
If 1. drops below stoploss, then try 2.; target is the same
1.Entry (long): 165 - 161 - 153
Target (short-term): 170 - 179 - 200+
Hodl: 213 - 239 - 300+
Stoploss: below 151
Risk/reward: ~4.00
2.Entry (long): 145 - 140 - 126
No stoploss for the dip
Warning: very volatile. We suggest you should adopt a thorough money management for this kind of trade!
Trade safe, Anlvis.