Streamr vs Bitcoin (DATABTC), hit a new All-Time Low just recently and quickly entered a period of sideways action, the accumulation phase.
As DATABTC trades very low, we can appreciate a very strong RSI with a reading of 57 (bullish).
✔️ This is a great chart setup. Low risk with a high potential for reward.
➖ The risk is low because a stop-loss can be set near, at or below the ATL.
➖ The potential for reward is high because after a downtrend follows an uptrend, so this pair can grow long-term. In the worst case scenario, a bullish wave can produce several Xs of gains.
This is not financial advice. All the information shared in this channel is intended for learning and entertainment purposes only.
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