Nom_de_Guerre

Data Increasing Cycles

Nom_de_Guerre Updated   
BITFINEX:DATUSD   None
There is a lot of money being quietly pushed into this coin, each cycle larger than the previous - Easy coin to swing trade and a great coin to hodl from the whispers i'm hearing ;)
Comment:
Looking good - You can see the arc restraining the candles but Data seems to be working through it whilst holding support on the 50% fib and 2x1 fib ray - On the previous cycle the price continued sideways after exiting the {red] 3rd arc pair - We have to wait and see what happens this time - The volume looks healthy, we may get an early spike on leaving the arc
Comment:
Breaking out the arc - Could be good to go but to confirm the breakout the next candle has to open fully outside of the arc
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