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DATAUSDT

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