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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Datausd
🉑StreamrDATA- an opportunity for a re-buyAfter a huge pump a few weeks ago (congratulations if you got in- see related ideas), the price is now back at pre-breakout levels. This could be an opportunity to buy back for those who took profits during the pump, or for those who have been waiting to get in.
📊DATA Textbook E/Waves in a S/TriangleThis is almost a perfect textbook example of Elliot Waves inside of a symmetrical triangle/bullish pennant (whatever you want to call it, I don't know)
The price is getting squeezed inside of the formation and is going to be forced to make a move either up or down.
Given the previous uptrend which had its peak on 7th of April 2021, this is considered to be a continuation pattern with higher odds of breaking out to the upside.
I'm scaling in with some longs!
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About Streamr DATAcoin:
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.com
📊 StreamrDATA-- Macro ViewHere's macro view of BINANCE:DATAUSDT
-- No comment needed I guess --
>> See my previous publication for local view
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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
Streamr DATAUSDT - Symmetrical triangle / bull flag +1000%- DATA is currently consolidating in 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 ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
DATA USDT DESCENDING TRIANGLEData has been consolidating with huge bulls and bears in a descending triangle for months, price also bounced at the support zone with a formation of a double bottom pattern showing a bullish sign of a probable impulse move to the descending trendline of the triangle just like the old times. Based on past candles movement, data is known for swift impulsive uptrend anytime there's a formation of a bullish pattern. A huge is expected very soon. Hold Strong.
All info on different price targets have been provided on chart with a rectangle box and a trend line. Observe well before taking position.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates
DATA 2ND WAVE CONT.Data continues the previous consolidation after a breakout from the downtrend and now, datausdt is forming a double top pattern which implies a possible bearish move, if resistance can be broken data will commence an uptrend to the specified target and in the event data looses support, we'll see data swings in the green zone.Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
DATA - Trade SetupThere are sell volumes on the market for DATA, so be careful.
Those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.
I'll keep this chart updated.
Current Market Price: $0.09696
Good Luck
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DATA breaks the falling wedge on weeklyDATA breaks the falling wedge pattern on the weekly chart. Falling wedge breakout is bullish and we see a good rally in DATA in coming weeks. DATA is heating up for a big rally. DATA has some good news coming in the second quarter and also launches the Brubeck testnet in Q2.
Buy Zone: 295-300
Target: 335-360-395-430-475-510-560-605-650-710-780-865-990
Data is about to explode .... +90% in days✅ Buy: 290 - 300 sat ✅
🎯TARGETS:
1- 340 (10.18%)
2- 370 (22.22%)
3- 430 (35.18%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 234 sat
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