Datausd
DATA/BTC ready to POP. Will she break Res in Nov?Moonboy - Never Broke Again {-aka-} TheRealJackDaniels {-aka-} Rainy Ryan
October 31, 2018
StreamR DATAcoin: Crypto - Trade, Technical, Fundamental Analysis
Trade Score: Solid (7.5/10)
Looking Promising! If DATA can break this resistance then boy oh boy, get your pots and pans, we may have SAUCE TO SPARE.
DATA should get a nice little POP like all of his other Altcoin buddies within a few weeks - charts showing very similar patterns.
- *(granted BTC/USD/Stocks don't do anything too drastic).
Indicators: Great (8/10)
-MACD: Consistently creating (Higher-Lows) since mid-August, Bullish
-STOCH RSI: Looking very Oversold
-Volume: Recent Spike - plenty of Green, with little Red response, (evidence of good mood/comfort level)
-Trend/Mood: . Balls Back - Heatin Up... Altcoin Season, get your tags. Low/Mid cappers popping off daily.
Fundamentals: Good (7/10)
-Rank and Market Cap: Mid 100s + Low Millions (Low/Mid-Cap)
-Hype Level: Low Marketing + Low Trading Volume (3MilUSD)
-Concept: Dope IoT/data-focused project. Creates/catalyzes high speed economies between devices, data, users, and companies. Example: You car can instantly buy road/traffic condition data from other smart cars, while selling its own data back.
Sector Dissection: "overshadowed" by IOTA, IOTX and others, but can actually complement their products quite nicely.
- Current State of Being -
Rising - Spiking - Retracing HARD - Battling for new "Neck Support" - Winning/Stabilizing - REPEAT
Strategy:
*Not Financial Advice - Not a Financial Advisor - New to Technical/Trading Analysis*
May be a good idea to buy in once this Neckline retraces/reestablishes solid support and play the weekly trends/spikes.
The above evidence seems like enough foundation to reasonably assume a solid return of between 20% - 100% within the next 2 months, as long as nothing crazy happens with the overall BTC or stock market. (However, they both seem to be making pivotal moves on shaky ground right now so who the hell knows.)
Moonboy - Never Broke Again {aka} TheRealJackDaniels
Connect with me on Twitter: twitter.com
Comments/Corrections are welcome.
--- P.S. check out my mixtapes ssSKRRRRTtt ---
THAT FRIEND ALBUM: www.youtube.com
KID CAN'T RAP: www.youtube.com
DATUSD - STREAMR DATA COIN - Bouncing of 0.786Many people were skeptically convinced STREAMR will drop until now to All Time Low levels and below - well, it didn't happened yet, in my opinion it won't happen. Stremr is now bouncing off 0.786 Fibonacci where it found it's support. Due to huge dependency on price of Bitcoin and the fact that BTC has now break out of downtrend channel we can assume (as it's analysis) that down trend will soon reverse. I am believer of profits obtained over long periods of time and since this coin has been dropping for the last few weeks - I can only see opportunity which probably will lead to profits in long run. IoT - not so well understood by masses yet is at its feet and we're just learning that what happens is a revolution (I know - big word). As much as i LOVE IOTA, I also think that this project might have bright future (to me it's like Linux vs Windows type of thing). Obviously in word full of sh1te coins it isnt easy to find those which are here to stay... investments are investments cause of the risk involved, therefore profits are taken when those who didn't believe, finally believed and now are just crazy to miss out... than we sell, wait and re-buy believing in Fibonacci. Volumes are low, fear is dominating - and you know what they say... I'm not a financial adviser... but I live comfy lifestyle ;)
Smile more often peeps !
Regards,
c4rt0.
StreamR DATA vs. IOTA I have been watching Crypto for quite some time now, and I'd like to predict that 2018 is going to be the year of coins supporting IOT (IOTA & DATA & ETC) and privacy coins (Monero, ZCash, PIVX etc.).
And although Data does not have much a momentum yet, I believe that there is a huge potential, and the peak at 0.34 showed us not that it can rise high but actually that it does not fall very deep. Currently it is stuck in the BTC struggle, although it is an ETH Token. Actually not just for DATA but for all Alt-Coins it will be interesting to see if they can lose their connection to BTC chart during the year, maybe if ETH become 1st in Market Cap?
Disclaimer: I am a DATA HODLER.
This could be diamond pattern, fingers crossed?!As you can see data could be forming diamond pattern . If the bottom black trend line holds the trend we could see bullish breakout soon.
But BTC is in free falling stage now so be careful. (Probably going to touch ~8400$)
Watch the situation closely, because data also formed head and shoulders which are struggling to get confirmed. If it gets confirmed we could drop back to 0.12$ :(
DATAUSD (2h): Maybe buying opportunity 0.25 > 0.30 > 0.50 USDDATAcoin is based on the Finnish company Streamr. www.streamr.com . Their target: Connect machines and people via a decentralised P2P network. The coin has been tradable on Bitifnex since the beginning of November. I've been watching since then. A listing on Bitfinex could be a good sign of great potential. Now we have completed the second round of consolidation. Fibo is at 38. The TA could look good. I grabbed a few.
Targets:
0.25 > 0.30 > 0.50 USD
Let's see what happens. Happy trading. :-)
Data forming possible CYPHER patterAs you can see there is high possibility that DATA is forming CYPHER pattern, so the targeted price could be 0.2$. Let's wait and see. Data for sure is and great long term coin with great potential and forming of a cypher pattern would only confirm that.
DATA / USD // Bitfinex - LONGDATA has been showing great potential and in my opinion we are looking for an great oportunity for profit.
DATA has broke an descending channel and is now possibly running towards its all time high value.
In the chart you can see the values for the entry position, profit position and stop position
DATUSD BIG BULL RUN AWAITEDStreamr, also referred to as IOTA's little brother has gained huge awareness over the past few weeks. After having completed a solid impulsive wave, we saw a five wave corrective structure - which now has been broken to the upside. MUCH confluence for the $0.50 area as a target. I am a day/swingtrader, so that's the price level I'll most probably close my position. After this I'll be looking for a re entry after another corrective structure. For Q1 I am expecting a very similar price behaviour we saw in the month of November and December with IOTA and Santiment. Might be not that fast and impulsive, but $4-5 should be not to unrealistic for Q1 2018. Definitely a great time to buy for both, swingtraders and investors.
Another Data Breakout?RSI is still bullish! I'm thinking it will consolidate for a little bit, and visit a few support levels first, then breakout. If it breaks down expect the trend line.
Here's what it looks like against BTC:
Cheers and GLWT!
-Erik