We have the fake breakdown/stop-loss hunt last week for DATABTC.
Today, we can see a strong recovery.
The stop-loss hunt is the final drop before the bullish jump.
Expect higher prices and this and many other Altcoins.
Namaste.
Hi dear friends, hope you are well and welcome to the new trade setup of Streamr (DATA).
Previously we had a nice trade of DATA:
Now on a weekly time frame chart, DATA has formed bullish Garltey move.
DATA is one of the good tokens to swing with it and take short-time profits but now there is dense on the chart, so it seems mid-term is going to make all the holders happy. I will hold some. December could be a great month for this undervalued project.
My targets:
- 1st: $0.24
- 2nd: $0.33
- 3rd: new ATH around $0.5
The price is currently sitting in the area of big support, actually the biggest support confluence since the beginning of this year. Could this mean the next push towards the area of major resistance will actually break it? Very possible, we'll see what happens.
You can check out related ideas to see macro view.
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About DATA:
Streamr...
- Streamr - DATA - Rank #424 - Token
- DATA is currently breaking out of the symmetrical triangle.
- After that, explosive move will folow.
- Bullish volume is higher and RSI is prepared.
- Profit target is 1.618 FIB extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please...
After a huge pump a few weeks ago (congratulations if you got in- see related ideas), the price is now back at pre-breakout levels. This could be an opportunity to buy back for those who took profits during the pump, or for those who have been waiting to get in.
Here's macro view of BINANCE:DATAUSDT
-- No comment needed I guess --
>> See my previous publication for local view
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Streamr DATAcoin is an off-chain network focused on data monetization and exchange. As an off-chain component, Streamr’s system will work alongside blockchains–at this point, it’s built on and for Ethereum. It...
but at suport line about 0.00000196-200
.i think as soon as data pump at suport line to resistance line. 500% profit in short time . if data break suport line move to 0.00000119 then put sl at 0.00000180
This is almost a perfect textbook example of Elliot Waves inside of a symmetrical triangle/bullish pennant (whatever you want to call it, I don't know)
The price is getting squeezed inside of the formation and is going to be forced to make a move either up or down.
Given the previous uptrend which had its peak on 7th of April 2021, this is considered to be a...
Streamr (aka: DATA) has been on my radar a lot recently. Shorter timeframes have been showing greater than usual activity suggesting a lot of accumulation going on, zooming out to the daily chart it's easy to see why that may be. Although not a project that pops up in news feeds too often, Streamr is active and currently in the process of a token migration which...
- DATA is currently consolidating in the symmetrical triangle.
- After that, explosive move will folow.
- Bullish volume is higher and RSI is prepared.
- Profit target is 1.618 FIB extension.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want...
DATA is poised to surge towards the end of August to the $0.19 and $0.26 zones or even higher in September. But if it loses the $0.13 zone, the $0.11 zone is still very reliable to buy in
📈BUY
🔴Buy : 0.127-0.133$. SL if B
📉SELL
🔴Sell : 0.186-0.194$. SL if A
🔴Sell : 0.254-0.266$. SL if A
♻️BACK-UP
🔵Buy : 0.107-0.113$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red...
Fundamentals:
Streamr is a distributed open-source project, crowdfunded in 2017. The project's goal is to build the decentralized infrastructure for real-time data, replacing centralized message brokers with a global peer-to-peer network. By relying on cryptography instead of trust, the open-source network aims to enable data sharing and monetization in IoT and...
Streamr is an open source, crowdfunded, decentralized platform for real-time data. At its heart is the Streamr Network, which transports streams of messages from data publishers to subscribers, appearing to the user as a global publish/subscribe messaging service.
It is similar in functionality to message queues, enterprise messaging systems, MQTT brokers, Apache...
I will be adding to my longs (see related idea) if STREAMR drops back down to BUY LIMIT level. Triangle broken up already, and the BUY LIMIT lvl should act as strong support. If that's the case I think there is chance for run to 0.232.
SL is local low.
Target is height of the triangle projected from midpoint of the local range (BUY LIMIT - SL).
RRR 3
...
This nice curve gives Streamr DATAcoin power. Made this analysis few days ago, didn't published, just shared on chat, now publishing, as this curve has been retested and seems legit. Also sharing my targets...
DATA (streamr) looking to break to the upside, need to close above 207 on the daily.
High RSI: momentum is gaining, moonshot in the near future looks good. 323 sats looks good for high target, upper trendline is better.
So far strong uptrend even with BTC dominance. Low btc volatility should grant liftoff.
