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DATA/BTC TA Update (Bullish Scenario?)
DATA/BTC
This is a bullish scenario for DATA where we can see a potential ascending triangle pattern.
A flat line of resistance is respected between 505 - 460 sat area and a new higher low at 320 sat.
If DATA pulls back at 400 sats and confirmed another higher low.
The chances of performing this pattern are increased and the way we trade this type of setup
is to wait for the break of resistance and enter a Long position.
Bearish side, if the trend-line support is broken than the pattern is invalidated.
This is a bullish scenario for DATA where we can see a potential ascending triangle pattern.
A flat line of resistance is respected between 505 - 460 sat area and a new higher low at 320 sat.
If DATA pulls back at 400 sats and confirmed another higher low.
The chances of performing this pattern are increased and the way we trade this type of setup
is to wait for the break of resistance and enter a Long position.
Bearish side, if the trend-line support is broken than the pattern is invalidated.
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