DATABTC trade ideas
DATA entered in PRZ areaThe price action is likely to form a harmonic and entered in buying zone.
The 200 and 50 MAs are below the buying zone and expected to make golden cross.
The targets are:
Buy between: 0.00000582 to 0.00000514
Sell between: 0.00000635 to 0.00000791
Regards,
Atif Akbar (moon333)
DATABTC another buying opportunityThe DATA has completed the formation of last leg of gartley and entered in potential reversal zone.
The price action can hit the sell targets at any time insha Allah.
The targets are:
Buy between: 0.00000582 to 0.00000515
Sell between: 0.00000634 to 0.00000760
Regards,
Atif Akbar (moon333)
Streamr (DATA) | +113% Potential Profits | FREE TRADING SIGNALPair: DATA/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Signal Strength: Medium
Introduction
The community behind the award-winning platform Streamr, is building the open source infrastructure that will power the world’s data economy. They believe that creating a decentralized Network and the world’s leading Marketplace to trade the world’s real-time information will benefit everyone. People will regain control of the data they produce. Companies will be able to better build and market their products in the Internet of Things (IoT). And society as a whole will be better off when the value in data is not concentrated in the hands of a few giant companies.
Real-time data from vehicles, personal devices, IoT gadgets, financial markets, weather stations, and the factory floor, will move through our decentralized peer-to-peer Network. That scalable, low-latency transport Network layer will be supported by nodes around the globe who earn our native token DATA in exchange for the bandwidth and validation they provide.
See the attached chart for Technical Analysis notes
Our Entry Zone
0.00000483 - 0.00000533
Our Targets
1: 0.00000596
2: 0.00000700
3: 0.00001031+
Our Stop Loss: 0.00000463
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Axsonex Team
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DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page. Sources used: binanceinfo
DATA-BTC Long Trade PlanCommodity : STREAMR DATACOIN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 5.9% to 15.4%
Prospective Loss : 3.5%
RRR : SL to TP1 is 1.65, SL to TP2 is 2.71, SL to TP3 is 3.47 and SL to TP4 is 4.29
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
DATA parallel channelOK. So far BTC situation isn't clear at all. It means it can go up or down any moment. Up will take it to 3700 at least and down to 3500. Alts will follow. So this is bullish scenario with tight SL as a must.
DATA moving within parallel channel accumulating for future move. Support zone in the middle is at 485-495. Final resistance before breakout is at ~530-540. Once broken price will move fast towards 595 (+10% profit from breakout zone), but I'll be targeting 650 which is over 20% profit. Stop loss below 480 with small timeout in case of sudden spikes.
Not a financial advise. Trade on your own risk.