DATA parallel channel

OK. So far BTC situation isn't clear at all. It means it can go up or down any moment. Up will take it to 3700 at least and down to 3500. Alts will follow. So this is bullish scenario with tight SL as a must.

DATA moving within parallel channel accumulating for future move. Support zone in the middle is at 485-495. Final resistance before breakout is at ~530-540. Once broken price will move fast towards 595 (+10% profit from breakout zone), but I'll be targeting 650 which is over 20% profit. Stop loss below 480 with small timeout in case of sudden spikes.

Not a financial advise. Trade on your own risk.

Comentário:

Touched my targets twice. Now it is time for another wave up.