Not an expert. I'm taking a stab at this for the following reasons:
Before the token swap, STORM had a huuuuuge run up. I'm hoping that the algos and buyers step in here. Has formed a bottom on the 1 hour chart with a bullish divergence on the RSI; trading as USDT as BTC is acting up. I think we're overall safe for the weekend as there was just a big drop, but who really knows. If BTC is stable I think this will take off.
Not a long term trade, so don't get trapped! This is a 48-96 hour trade for me. Your risk is your own! Safest entry is at the trend line, stop loss ? since there's no price history.
Before the token swap, STORM had a huuuuuge run up. I'm hoping that the algos and buyers step in here. Has formed a bottom on the 1 hour chart with a bullish divergence on the RSI; trading as USDT as BTC is acting up. I think we're overall safe for the weekend as there was just a big drop, but who really knows. If BTC is stable I think this will take off.
Not a long term trade, so don't get trapped! This is a 48-96 hour trade for me. Your risk is your own! Safest entry is at the trend line, stop loss ? since there's no price history.
Comment:
I'm not sure how to post a chart as a comment, but it's still looking good to me! bottom trendline is intact. Overall market has alts pumping left and right at the moment.
Trade active:
Bopping along the the trend line. If it breaks I will cut.
Trade closed manually:
Oof.