DATABTC
DATABTC formed bullish Gartley | Upto 24% expectedIt Moved Up More Than I Was Expecting:
I posted an idea on DATA with Bitcoin pair on 5 Oct 2019 here the price action was moving within a down channel and hitting the support of this channel the volume profile of complete channel was showing very low interest of traders at support and the price action found the support at 0.00000427
price action found the support at 0.00000098 within this channel the RSI was oversold and MACD turned strong bullish and Stochastic gave bull cross from oversold based on these indications I predicted that the price action will give upto 237% but when the price action took bullish divergence it was more powerful than I was expected and it produced 1025% very very huge gains below was the post:
Another Bullish Pattern On Short Term Chart:
Now this time the pricline of DATA has formed a bullish Gartley pattern on very small 2 hour time period based chart and this would be really good opportunity for DATABTC day or short term traders.
The pattern is driven as below:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect a bullish divergence from this level very soon.
The Buying And Sell Targets:
As per this harmonic Gartley pattern the buying and sell targets should be:
Buy between: 0.00000193 to 0.00000181 sats
Sell between: 0.00000203 to 0.00000226 sats
So this very short term trade has potential to produce upto 24% gains.
What Should Be Our Stop Loss:
The potential reversal zone area can be used as stop loss in case of complete candle stick closes below this level.
I will be keep posting more potential trading ideas for educational purpose on different assets as soon as will receive any trading signals.
Streamr DATAcoin Long-Term Targets (618%, 1040%, & 1689%)Here I am showing you the long-term chart for Streamr DATAcoin (DATABTC). We wanted to show you the daily chart but it is messed up after the long-wick in November 2019.
Here is how the chart looks before that (1300%+ move) happened:
On the main chart above you have the long-term targets for DATABTC. The indicators are bullish, EMA10 is being conquered and green volume is going up.
This is just a friendly reminder... Make sure to have a plan before buying into any trade or call.
This is Alan Masters.
Thanks a lot for your support.
Namaste
DATABTC hitting the support | Upro 237% possibilityPriceline of DATAcoin / Bitcoin cryptocurrency is moving within a channel.
Previously in month of Mar 2019 the price action found the support at 0.00000427 sats and took bullish divergence and produced more than 93% profit.
This time again the price action has found another support and current support is at 0.00000098 sats and we are expecting next bullish divergence form here like it happened Mar 2019, insha Allah
This 0.00000098 sats support is our stop loss in case of complete candle stick closes below this support.
RSI was oversold and now moving up.
Stochastic has given bull cross from oversold zone.
Volume profile of complete channel is showing less interest of traders below the support.
I have defined targets using Fibonacci sequence:
Sell between: 0.00000211 to 0.00000331
Regards,
Atif Akbar (moon333)
DATA/BTC TA Update (Pullback is over?)DATA/BTC
DATA broke bullish after the price traded outside the downward resistance. We can say the deep pullback is already over and new Higher Low is now set.
A healthy pullback to retest the old resistance to turn into new support will give DATA more confidence that this breakout is not just a relief rally but a continuation of the longer uptrend.