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...
Note
1st TP hit, price then pulled back close to the launchpad. Already re-entered at this level, but will add more in the buy zone 0.135-0.130.
Note
As the last dip into the launchpad has been deeper (and price stayed there longer) than usually, it could "backfire" up stronger than usually. Let's see...
Note
I think the STREAMR still has enough steam to hit the TP. Broke up the falling wedge (orange) few hours ago. I just revised the drawings (launchpad, SL, TP, added trendlines), and I will be taking profit bit lower (than originally planned) as I see a lot of sellers in the recent high area. Just don't want to see the drop below 0.134, thus SL adjusted accordingly.
Note
After consolidation, DATAcoin broke important level and is going up again. I think it could pullback to test the previous resistance (white horizontal line) which could flip into support so I will trade that level. Stay tuned for new trade idea.
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.