Datausdt has been bullish since the bounce from the key support level and it has also been following an ascending channel as analysed on chart. This chart is extracted from the full chart of my previous analysis on data forming a descending triangle. The next move is directed towards the descending trendline of the triangle. A breakout will verify an uptrend to the peak of the pattern. Entry price is btw $0.123 - $0.13 Price targets - $0.154 - $0.171 - $0.183 - $0.198 Stop loss - $0.12. Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates
it looks like it will fall below the middle band in the 4h chart. there is a clear negative divergence as well. are the targets still valid if we fall below 0.12?
Pearl-A
⋅
@kriptolaneti yes, data dropped to the middle band as predicted and illustrated in the uptrend channel. Right now, price is probable to bounce from the support zone to the specified target. And yeah data is still valid despite the fall below $0.12 in as much it closed above the support zone at $0.12.
Pearl-A
⋅
@kriptolaneti Plus be wary of btc too, it'd play a vital role in all alts tonight.
kriptolaneti
⋅
@Pearl-A, thanks. i'm waiting for the pump at the moment. i will probably sell it at around 0.16 dollars if it pumps.