NovaBlocks

Is the retrace over?

Long
NovaBlocks Updated   
BINANCE:DATABTC   Streamr DATAcoin / Bitcoin
In the same schematic, DATA is a coin that has been pumping earlier this year and yet still recovering. The mid term trend is bearish, however the price is forming a Falling Wedge. This pattern is famous to be a bullish reversal pattern.
Our goal as swing trader will be to trade the waves inside the falling wedge. We will also monitor the breakout of the resistance trendline to buy a position on the long term.
Comment:
First swing achieved
+37% profits


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