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DATA reached previous accoumlation zoneDATA / BTC Price was in downtrend channel and dropped to the previous accoumlation zone (157-105 sats) Last time From this area we had massive bullish rally to 1100+ sats !!! Now we wait Bullish signs here first before a buy descision specially if BTC dominance start to decrease will be a good signs for alts like DATA But best safe buy area is : if price also managed to break trendline resistance and flip the next resistance in my chart into support ..if that happened it will open more targets for bulls to achieve Good luck and happy trading 🌹
Long
by Babenski
2
Data/btc descending channelData/btc currently in descending channel pattern And recently got rejected from upper trendline of the channel I expect it to drop to key support level 316-280 sat from here we can see bullish movement to trendline resistance again If the key support broken downward It will drop to accumulation zone again and we can expect strong buyers will come if it dropped to that level *Special condition : If data managed to break the descending channel trendline and close above that will be a good buy and I will update if that happens to next targets
by Babenski
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
The Crazy Volatility Coin: Data. Preparing For Another Pump?DATA. Always pumping, sometimes dumping. We've seen such crazy volatility on this coin since it's listing. The price settled for a while, increased by 500% by the end of March and now seems to prepare for another pump. Don't try to go for 500% returns, and follow the example here for a casual 16% for instance :). Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
6
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