Buy DATA at 0.085 stop 0.07, Target 0.092/0.11/0.123 Short term.
Bullish breakout on the near term resistance with next breakout expected on the inverse head and shoulders pattern.
BINANCE: DATABTC
-Streamr DATAcoin is testing the major support area during its downtrend
-The support zone at 369 sat is previously resistance twice
-This is a good chance to flip this area into new support
-If you are a support buyer, this zone is a perfect entry with tight stop loss
-But if you want a conservative entry position
-I suggest waiting for the mid...
DATA/BTC
-Streamr DATAcoin got rejected by the trendline resistance
-The price is likely to go back down to retest the previous Low support
-The 400 sat area is a previous resistance turned support
-If the price hits that level, the chances of another bounce up reaction are high
-But I will always recommend opening a Buy order only if there are Bullish...
DATA/BTC
-the trendline resistance has been broken to the upside
-but the price has retraced and potentially will reset the new support
-the highlighted green area if the immediately level needs to hold
-to continue its uptrend short term bias
-for now, there is no major red flag yet
-we will have to observe the situation in the coming 3-5 days
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
#DATA/BTC Bear Flag Update:
Current price of DATA/BTC is 678 Satoshi.
#DATA Now Looking Bearish but Now we can see one Spike upward side before downside.
So keep in mind bellow point-
Support: 601 Sat
Target: 785 Sat
SL: 650 Sat ( if open Long)
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DATA/BTC
This is a bullish scenario for DATA where we can see a potential ascending triangle pattern.
A flat line of resistance is respected between 505 - 460 sat area and a new higher low at 320 sat.
If DATA pulls back at 400 sats and confirmed another higher low.
The chances of performing this pattern are increased and the way we trade this type of setup
is...
Pair: DATA/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Signal Strength: Medium
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