DATABTC trade ideas
What Will Streamr DATAcoin Go Next?Here is another altcoin that has a unique chart, Streamr DATAcoin (DATABTC).
First we saw the massive bullish action on the 25-Nov '19, maybe a whale or group buying, surely a signal of a new change of trend.
After a long and strong correction, DATABTC started to move again in March 2020, a new uptrend has formed.
Last April we saw the last peak and since then the strength of the chart still exists.
Streamr DATAcoin Signals List
Prices remain trading above EMA10.
The classic retrace has been solid and strong (prices remain above EMA10/EMA50).
And we have a continuation pattern.
Bullish MACD and RSI.
Here the bulls can have the upper hand.
The main support is sitting at EMA50 (0.00000699).
This is an important level if prices drop.
Below this level we turn bearish short-term.
Above this level we remain strongly bullish.
This is not financial advice.
This is not a trade, you should do your own research and have your plan/strategy if you decide to trade.
Namaste.
DATA - time to revisit accumulation rangeDATA had an epic run due to recent binance trading competition announcement. Congrats to those who used this opportunity to make money ;)
Now that competition is over, I would expect a very strong retracement (maybe even back into accumulation levels). On TA side it's supported by bearish RSI divergenve on all major timeframes.
Data New TriangleYo pienso según mi analisis que Data formó un nuevo triangulo, que de romperlo debería llegar por lo menos hasta su próxima resistencia cerca de los 1300 satoshis.
I think in my analisis that data formed a new triangle, if it brakes, should reach at least almost 1300 satoshis where it has a resistance area.
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 :).
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
DATA/BTC (Failed Breakout? Back to Key Support?)DATA/BTC
-failed to hold immediate support at 815s
-the price is will look down at next key support
-stong support is based before breakout at 670s
-if the DATA hits key areas, we could expect some bounce
-the market review is blow off the top on the 4H chart