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.
DATAUSDT
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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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 🌹