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DATAUSDT

DATAUSDT AnalysisAt this moment, there is BULL signal present and risk-reward ratio is higher than 2. Also, the candles are above my down trend line. If you are holding DATA, do not hurry to sell. You can sell when there are sell signals present or you can take profit at the resistance level (0.058) Also, if you haven't bought DATA , since there are BULL signal present & the risk-reward ratio is higher than 2, you can buy right now. If you buy, please watch out for EngineeringRobo's sell signals.
by EngineeringRobo
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 `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
8
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