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DATAETH

DATA/BTC (Testing Previous Resistance; Flip to Support?)BINANCE: DATABTC -Streamr DATAcoin is testing the major support area during its downtrend -The support zone at 369 sat is previously resistance twice -This is a good chance to flip this area into new support -If you are a support buyer, this zone is a perfect entry with tight stop loss -But if you want a conservative entry position -I suggest waiting for the mid trendline resistance breakout -Base from trading history, midline breakout result to a retest of the upper line areas `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
8
DATA/BTC (Rejected @ Trendline Resistance)DATA/BTC -Streamr DATAcoin got rejected by the trendline resistance -The price is likely to go back down to retest the previous Low support -The 400 sat area is a previous resistance turned support -If the price hits that level, the chances of another bounce up reaction are high -But I will always recommend opening a Buy order only if there are Bullish signs -Because if there will be no sign of reaction at potential support -It is likely to fall lower and cut through the support area -That's why waiting for the right formula will reduce the risk involved
by PolarHusk
2
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.
Long
by PolarHusk
1
Streamr (DATA) | +113% Potential Profits | FREE TRADING SIGNALPair: DATA/BTC Exchange: Binance Trade Duration: Medium Risk: Moderate Signal Strength: Medium Introduction The community behind the award-winning platform Streamr, is building the open source infrastructure that will power the world’s data economy. They believe that creating a decentralized Network and the world’s leading Marketplace to trade the world’s real-time information will benefit everyone. People will regain control of the data they produce. Companies will be able to better build and market their products in the Internet of Things (IoT). And society as a whole will be better off when the value in data is not concentrated in the hands of a few giant companies. Real-time data from vehicles, personal devices, IoT gadgets, financial markets, weather stations, and the factory floor, will move through our decentralized peer-to-peer Network. That scalable, low-latency transport Network layer will be supported by nodes around the globe who earn our native token DATA in exchange for the bandwidth and validation they provide. See the attached chart for Technical Analysis notes Our Entry Zone 0.00000483 - 0.00000533 Our Targets 1: 0.00000596 2: 0.00000700 3: 0.00001031+ Our Stop Loss: 0.00000463 To make sure you don't miss out on any FREE signals , FOLLOW us on TradingView by clicking on our profile and then clicking the green 'Follow' button. If you liked this analysis, hit that thumbs up! Have a good day, Axsonex Team ------------------------------------------ DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo
by Axsonex