DATA: The Current Landscape and Future PerspectivesIn this analysis, we focus on the cryptocurrency DATA. We are examining a chart with a one-hour timeframe, where the 0 level of the Fibonacci retracement tool indicates 0.02732, the half level shows 0.02448, and the first level reports at 0.02164.
At this point, the Relative Strength Index (RSI) stands at 60, indicating that the coin is nearing overbought territory. The Volume Oscillator is at -16, suggesting that there is a bearish divergence in volume. The Stochastic Oscillator reads 39, reflecting potential for an upward price movement. Meanwhile, the Moving Average Convergence Divergence (MACD) indicates 0.00067, a positive value that might suggest upward momentum.
The current market price of DATA stands at 0.02326. In the last 24 hours, the coin has seen a change of approximately 10 to 11%. Examining the chart, we see that the lowest price, reached around June 15th, was 0.02079, while the highest price, attained just a few hours ago, stood at 0.02732. This suggests a high level of volatility.
The Exponential Moving Average (EMA) with a length of 50 is currently at 0.02259. This, being below the current market price, suggests a recent upward price movement.
The price of DATA has been fluctuating rapidly, reaching high points that hint at potential resistance levels and low points that could become significant support levels. For now, it appears that the coin might be gearing up for a potential upward movement, though one must always be prepared for the unexpected turns that are common in the crypto market. Keep an eye on the technical indicators and the market news to make informed trading decisions.
DATAUSDT trade ideas
Data 1w is bullish if...Data looks amazing honestly and there is a huge potential in this coin, but the most important thing is to be in the yellow area or close above it for one or two days.
Your SL is closing below the yellow area for 1d and setting up some alarms for the buying areas in the blue color.
If it breaks the orange area upwards, then hopefully we will reach the green goals.
Good luck insha Allah!
DAT USDT TODAYPLZ DO NOT SELL MY SIGNALS
1-Apply your own risk management.
2-Daily and Weekly Targets
3-Hunt the profits at any level you see convenient for you.
4-Green Zone for entry, I'll Put 03 Entries 0.0444/0.0419/0.0385
5-Red Level Exit by OCO
6-Yellow levels are targets.
have a good day guys.
BTC SHORT This is the Daily time, btc is over bought both on stochastic and rsi. We can see the 8 and 21 EMA touch the 200EMA. We can also see bearish patterns. All these confluences is making me go short on a 10x leverage.
Entry: 20369
Stop loss: 21601
Profit 1: 19607
Profit 2: 18990
Profit 3: 18374
Let’s see how this goes, do your own research. Like and follow for more analysis. #Diplomats
Streamr broke wedge, now perhaps falling to strong suport.DATA/USDT broke its months falling wedge and is now falling to its strong support at around 0.022.
Depending on the global crypto market (mostly BTC and ETH) it may reach this support. However, the RSI states DATA is heavily oversold at the moment. So, we might see a potential rise to reach the wedge again if other large caps stay stable. After DATA has stabilized, the next challenge is the 0.07 strong support.
More on the practical use cases of this coin can be found on the streamr.network website.
I believe that Streamr is still a gem waiting to be discovered by most people. The technology is sufficient in complexity and serves numerous use cases. With the new head of marketing Streamr may become one of the larger top-100 crypto's in the next bull-run.
As biased as I am, because I love new innovative tech, this is my idea of the direction of the DATA coin.
$DATA/USDT #Streamr $DATA #Streamr Looks strong on support, even shaking of last FOMC 🔥
Still holding strong 💪
If Bitcoin stil holding strong at this support, i think $DATA will pumping hard soon. Should be break $0.45 first and than 🚀
$DATA is a #Web3 and also low cap that listing on Binance ‼️
NFA and always #DYOR
DATAUSDT | PARALLEL CHANNELDATAUSDT is trading within a parallel channel . The price is currently trading near the lower boundary of the channel.
The bulls need to break above the channel and to hold the lower boundary of channel. While bears are active below the upper boundary of the channel.
Trade your levels accordingly.
DATAUSDTWhat I see in this. Done due to a request so if you going to take a trade manage it closely. For a buy you must wait till this drop to 0.03100 - 0.02301 Level. After that I expect it to go up. Good Luck. Trading is serious business and it carries a high level of risk and may not be suitable for all investors. Do your own due diligence before putting your funds to work on anything; you should make yourself an expert. There will be up to date ideas. So be kind enough to follow me on Trading view & Twitter for more updates. Feel free to direct message if you need further clarification.
DTATA/USDT (Requested chart)Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
DATA/USDT TA Update:-
TimeFrame :-D
$DATA is currently trading at $0.067 levels.
Price is consolidating in a DECANDONG Triangle Pattern.
Both sides trade opportunities available once it gives a breakout on either side of the Pattern.
LONG
ENTRY: CMP
Target:- 30% or much higher Targets can be achieved.
Stop loss:- $0.06
2 ) If Price gives a Trend line breakout downside.
ENTRY; BREAK AND RETEST THE DOWNER CHANNEL ($0.062
Targets:- 47%TO$0.064)
Stop loss :- $0.07
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you