Streamr (DATA) - Bullish divergence

2023年10月10日

On the above 5-day chart price action has corrected over 90% since April 2021. Now is a good opportunity to go long. Why?

1) Price action and RSI resistance breakouts.

2) Price action finds support on past resistance.

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period as was the previous.

4) The flagpole measures out at 800% to target.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe for long: now
Return: 800%

2023年10月10日

交易進行

GRM support was confirmed at publication.

2023年10月26日

註釋

resistance no more, sellers exhausted

2023年11月10日

註釋

Past resistance confirmed as support.

2023年11月30日

註釋

Act.

2023年12月19日

交易進行

2023年12月23日

註釋

Following the 200% move of this week (where profits should have been taken if you're a swing trader) the resistance breakout from 0.031 price action now must confirm support. That support test is still a 40% correction away.

2024年3月19日

交易進行

Past resistance becomes support. 300% so far.

Weak emotional hands, I salute you.

Everyone else, another 200% until resistance.

2024年11月2日

手動結束交易

50% drop is likely to print in the coming weeks for this token.