Updated
Data Increasing Cycles
There is a lot of money being quietly pushed into this coin, each cycle larger than the previous - Easy coin to swing trade and a great coin to hodl from the whispers i'm hearing ;)
Note
Looking good - You can see the arc restraining the candles but Data seems to be working through it whilst holding support on the 50% fib and 2x1 fib ray - On the previous cycle the price continued sideways after exiting the {red] 3rd arc pair - We have to wait and see what happens this time - The volume looks healthy, we may get an early spike on leaving the arcNote
Breaking out the arc - Could be good to go but to confirm the breakout the next candle has to open fully outside of the arc
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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.