DATAUSDT trade ideas
Data I posted about this last week when someone requested. Now it is at the moment of truth as it finally reached the lower support here. Will def have to see how we react. If we hold this level and bounce or if we lose and fall there is a lot of cloud support holding us up here however one slip and close below as resiatnce will be a decent drop. Just needs to hold 16cents as support here
Data Looking at 1hr time frame looks to be in an ascending triangle. Lower support trending up so droning where it taps or if it loses 18cents support we could hit between 15-16cents and bounce back to 21ish cents. Could play this considlation if this doesn’t breakdown right away then we may sit in here a while. Once you find the support and resiatxne you could play the swings or wait for confirmed breakout one way or the other
DATA So I was requested to look into Data What I see a lot like Matic and other alts. It was in a falling wedge. When it broke out it hit the targeted move which was around 26cebts. I market some areas of support that need to hold for DATa as we can see the box we area in between .18 cents and 22cents the first step was to back test and hold 13cents area as support and it looks it has done so. Then next step is to confirm and hold 18cents as support and it’s working on that now however it’s in a pretty toppy territory. The main way for this to be able to contiue higher is finding support above 23centa. It loves to pop it but hasn’t ever held support up here. So if I was in this or looking for a postion I would be trying. To see if we can flag out or hold above 23cents !
The data is completely bullishAs you can see in the chart, after the breaking up the triangle and the pullback, "data" still continues its upward trend.
Targets 1 and 2 were beautifully touched.
The third target will be available soon. And of course, with a little more time, we get to the fourth.
lets see...
data! This can be a lifeline.As you can see, the price is enclosed in a triangle.
Targets and stoploss are marked on the chart.
Given the current market situation, this could be a risky position, but the risk-to-reward ratio is excellent.
It is better to enter the buying position after the upward breakout and pullback to the broken trend line.
lets see...
Data/UsdtData is creating a falling wedge on daily chart lets wait for the breakout and retest.
Spot recommended Short to mid term
entry 0.095 to 0.01
Tp 0.16
Tp 0.23
Tp 0.3
SL 0.075.
Buy DATAUSDBuy 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.
Just sit and watch this rally 😲Like XRP, in my previous ideas, it was unique in every way I looked at the chart: divergence, whether it was the moving average of the Bitcoin chart, the strength of support and resistance, or the market atmosphere during the rally, and...
With every technique and look I had, this rally should happen.
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Trendline specified in the chart is our target, stop-loss is below of that supportive trendline.
#DATA broke the resistance and ascending triangle DATAUSDT going to correction and pump more than 60%
