DATAUSDT trade ideas
DTATA/USDT (Requested chart)Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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DATA/USDT TA Update:-
TimeFrame :-D
$DATA is currently trading at $0.067 levels.
Price is consolidating in a DECANDONG Triangle Pattern.
Both sides trade opportunities available once it gives a breakout on either side of the Pattern.
LONG
ENTRY: CMP
Target:- 30% or much higher Targets can be achieved.
Stop loss:- $0.06
2 ) If Price gives a Trend line breakout downside.
ENTRY; BREAK AND RETEST THE DOWNER CHANNEL ($0.062
Targets:- 47%TO$0.064)
Stop loss :- $0.07
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
DATA/USDT#DATA/USDT::
it's Accumulating Around Demand Zone, Nicely Holding Support Area. Expecting A Short Term Rally From Here, Good To Buy Some Here.
lets make some money aaand i am watching its behavior since over 1 year. its really a crazy one when it go up! now our chance to make easy M0NEy :D I love /\|\0Ny but love u more much :D!
BUY ORDER < 0.75
SELL ORDER >= 0.78
Targets:
T1: 0.078
T2: 0.082
T3: 0.085
T4: 0.092
T5: the MO0oN
HAVE FUN!
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HAPPPY TRADING!!!
DATA only for risk takers - red area buy, green to sellPrice looks like there is a bottom...now it should slowly curving up as April is coming - i think we will see some green color in April. Data has nice PA. Usualy this pattern with price under 20 MAs are buys. Lets see and good luck.
NOT A FINANCIAL ADVICE
POSTING THIS JUST FOR EDUCATIONAL PURPOSES
🉑DATA- 2022 New perspective feat. double bottom divergencesThe price reached strong support, left is previous trend forming a potential double bottom there (confirmation after breaking above >0.10$) Multiple bullish divergences can be spotted on various indicators => (RSI,MFI,OBV) The divergence on OBV is insane.
- The chart with longer price history from Bitfinex BITFINEX:DATUSD (different ticker) looks ok (the price is at last point of dynamic support)
- BINANCE:DATABTC pair is at support in a rising channel
The whole 2021-2022 price action could be treated as one big accumulation <= this remains valid as long as the price hold above 0.07$ (red area) Also the good thing is that even if I'm wrong, stop loss can be placed very close(less than 10%) which means that risk:reward ratio here is extremally attractive.
Will post updates whenever I feel like it's needed.
DATAUSDT price action trend volumewelcome all,I came today to share with you my thoughts on DATAUSDT,As you can see, the trend line was broken by a strong candle, which means that the direction of the price movement will reverse.
I'm just waiting for the trend line to be retested Because I think the price will start to rise soon after retesting the trend line.
After breaking the resistance area B1 ,you can consolidate your trade.