DATAUSDT DESCENDING TRIANGLEDatausdt has been bullish since the bounce from the key support level and it has also been following an ascending channel as analysed on chart. This chart is extracted from the full chart of my previous analysis on data forming a descending triangle. The next move is directed towards the descending trendline of the triangle. A breakout will verify an uptrend to the peak of the pattern.
Entry price is btw $0.123 - $0.13
Price targets - $0.154 - $0.171 - $0.183 - $0.198
Stop loss - $0.12.
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DATAUSDT
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.
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DATAUSDT TRENDDatausdt continues to trade below the broad rising channel in related posts. Data is having hard time to break inside the channel, the current support signifies a good entry zone and a break above with a retest would ratify an impulsive move to the upside.
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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.
DATAUSDT 2ND WAVEDatusdt made a downward impulsive move to its previous resistance which is now acting as support. It has successfully retested and it's in accumualtion phase to go to the moon. The new support zone is a perfect entry to long and you can check my previous post at the bottom of the page for full sketch of long position. Your likes and comments would be much appreciated, you can follow up for more helpful contents.
DATAUSDT DOUBLE BOTTOMDatausdt has been down for days due to the rejection at the higher high, it's now clearly showing a bullish sign with a double bottom pattern for another impulsive move. There is a dynamic resistance in red that'd confirm its bull run to a new higher high if broken, I'd take a long position after the confirmation. Your likes and comments would be much appreciated, you can follow up for more helpful contents.
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
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DATA - $0.7775DATA is currently trading above the support of $0.1616 and below the resistance of $0.2098. If the resistance of $0.2098 can be broken we could see a move towards $0.2430. Clearing $0.2430 and flipping it to support could lead to a move towards $0.2669, $0.3265, $0.4988 and $0.7775.
Failure to break the resistance at $0.2098 could lead to a drop towards $0.1616 and $0.1304.
Just sit and watch this rally 😲Like XRP, in my previous ideas, it was unique in every way I looked at the chart: divergence, whether it was the moving average of the Bitcoin chart, the strength of support and resistance, or the market atmosphere during the rally, and...
With every technique and look I had, this rally should happen.
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Trendline specified in the chart is our target, stop-loss is below of that supportive trendline.
DATA CRITICAL POINT !DATA is So far so good. We are now touching the support line which we hold since Jan 2021 If we see a bounce like the previous two touches. Then it could do 230% wave targetting 750 sats. BUT! Breaking the green is a F* bearish scenario and could dump to 140-160 sats or even worse. IMO.