What Will Streamr DATAcoin Go Next?

25 May 2020

Here is another altcoin that has a unique chart, Streamr DATAcoin (DATABTC).

First we saw the massive bullish action on the 25-Nov '19, maybe a whale or group buying, surely a signal of a new change of trend.

After a long and strong correction, DATABTC started to move again in March 2020, a new uptrend has formed.

Last April we saw the last peak and since then the strength of the chart still exists.

Streamr DATAcoin Signals List

• Prices remain trading above EMA10.
  
• The classic retrace has been solid and strong (prices remain above EMA10/EMA50).
  
• And we have a continuation pattern.
  
• Bullish MACD and RSI.
  

Here the bulls can have the upper hand.

The main support is sitting at EMA50 (0.00000699).
This is an important level if prices drop.

• Below this level we turn bearish short-term.
  
• Above this level we remain strongly bullish.
  

This is not financial advice.
This is not a trade, you should do your own research and have your plan/strategy if you decide to trade.

Namaste.