DATA is moving sideway in a parallel channel (not clear one but still) and is about to form a nice uptrend. The only thing I am not sure about is if it will land onto 640-645 before actually growing or if it has already bounced (it can be seen on 15-30 minutes timeframe).
In any case major support is left below, so the trend is going up and I consider that coin safe enough for swing trading. Possible targets are 680-690-700 and 730.
Note
8% profit taken. Now the price will go lower so if you haven't sold yet it makes sense to do it now and buy back at 629-630.Note
Diped a little deeper than I thought, below support. Now all depends if it will get over it or not.
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FREE telegram channels:
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Crypto reviews - t.me/WiseAnalyze
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Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.