DATABTC trade ideas
Streamr Datacoin Daily Analysis1 - At this moment, StreamR datacoin is downtrending.
2 - Strong resistance at 200 EMA, as we looked in Sep 10 and Oct 18 (445 sats, at this moment)
3 - Strong resistance at red downtrend line - 455 sats, at this moment.
4 - Strong resistance at red RSI line (55 level, at this moment)
5 – Resistance at 310 sats.
Entry opportunity:
1 - If daily candle close above to 450 sats.
2 - If daily RSI broke the resistance line (red line).
NOTE: I BELIEVE IN STREAMR DATACOIN IN LONG TERM. VERY GOOD PROJECT!
Cheers
DATABTC- Long - Potential 11.65% DATABTC- Long - Potential 11.65%
Trade Link:
Entry- 330
TP1- 349
TP2- 368
SL- 1108
Triggers;
- Sitting on Support
- Bullish RSI Divergence
- Bullish Future Pivot
- Untested Weekly Pivot
- Volume Coming In
Notes;
See BTC Daily Idea
Trailing buy, stop & TP's recommended
Data/btc descending channelData/btc currently in descending channel pattern
And recently got rejected from upper trendline of the channel
I expect it to drop to key support level 316-280 sat from here we can see bullish movement to trendline resistance again
If the key support broken downward
It will drop to accumulation zone again and we can expect strong buyers will come if it dropped to that level
*Special condition :
If data managed to break the descending channel trendline and close above that will be a good buy and I will update if that happens to next targets
DATACOIN 1DThe interval between the pumps is decreasing, I estimate that within 13 days there will be either a very aggressive wave going up or down where we could move again for 30 days. I'll see what the whales prepare for us.'
It is based exactly on the date when the unions 2.0 announces data, either it's a coincidence or the whales are hiding something from us.
TARGET 1 - 900
TARGET 2 - 1100
TARGET 3 - 1750 sat
DATA downtrend continue?Trade in profit! Push up Like button if you like my reviews and help you understand the current market situation! Subscribe to the channel and stay tuned for trading ideas that are not trading recommendations.
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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
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Not Financial Advice
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