Streamr DATAcoin Continues Higher | Next Target +66.6%

Streamr DATAcoin Continues Higher | Next Target +66.6%
Streamr DATAcoin / Bitcoin BINANCEATABTC
alanmasters

Streamr DATAcoin (DATABTC) is another pair on Binance that is challenging resistance as I write this.

Several weeks back, we were always looking at EMA10 (green line) for signals regarding the potential of a pair, either bearish or bullish (below or above).

Now, most of the altcoins pairs are trading not only above EMA10 but also above EMA50 (magenta) and even EMA100 (blue).

When a pair is above EMA100, the next move that it makes can be a big one, because there isn't much resistance on the way up.

DATABTC is now challenging EMA100 (0.00000154) and trying to move above it. A close above this level and the next target activates, EMA200 or 0.00000236 btc . This is in between 1.618 and 2 Fib. projection for the next bullish wave... Over 50% of potential profits.

Chart signals:

• Increasing volume .
  
• Strong chart structure.
  
• Bullish indicators.

DATABTC is expected to continue with its growth.

Conditions for change
The low set on the 10-Aug . can be used as a stop-loss. If DATABTC moves below this level, the above signals are invalidated and a new analysis is needed. All trading above 87 satoshis and DATABTC remains bullish for long-term growth.

Previous chart | DATABTC (+44%)



Thanks a lot for reading.

Namaste.