Datausd
STREAMR is too close to trend reversalStreamr DATAcoin is fighting against resistance to break the EMA 200, since November 9 (70 days below EMA 200).
DATA touched 10 times EMA 200 since Nov 9.
But we are too close to see a trend reversal, breaking above EMA 200.
Ema 50 / EMA 200 cross will put DATA to bullish mode.
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 🌹
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
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
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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
DATA/BTC (Pullback, Retest New Support?)DATA/BTC
-the trendline resistance has been broken to the upside
-but the price has retraced and potentially will reset the new support
-the highlighted green area if the immediately level needs to hold
-to continue its uptrend short term bias
-for now, there is no major red flag yet
-we will have to observe the situation in the coming 3-5 days
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 :).
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DATA/BTC (Failed Breakout? Back to Key Support?)DATA/BTC
-failed to hold immediate support at 815s
-the price is will look down at next key support
-stong support is based before breakout at 670s
-if the DATA hits key areas, we could expect some bounce
-the market review is blow off the top on the 4H chart
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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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/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.