Storm seems to be going for wave 3 upwards. Target around 400.

Based on elliot wave theory and fibonacci we can see that the first wave was done around 335 satoshis. The second wave retraced back towards around 275 satoshis. According to the elliot wave theory wave 3 is the longest and will be at least 1:1 with wave one. Using fibonacci extensions around 275 satoshis this will bring us up to around 400 satoshis.

What do you think? Please leave any comments below and show others what you think.

Comment:

Storm is on fire! It smashed right through 400 satoshis and could be going for the 1.68 fib level which is around 460 satoshis. I have taken some profits now and am letting the rest ride it out. Profit taken is safe profit.

Comment:

The bounce to 950 was insane! Did any of you catch it? I sold all my storm right now and am watchting for a retrace...

Trade active:

Im thinking about buying laddered in between 520-580ish. We might go up more.

Comment:

Bought some at 588 satoshis.

Trade closed: target reached:

Looks like a descending triangle to me. Currently taking profits and closing this trade now. If you like storm you can always keep a small portion to let it ride.

Thank you all for following along with this chart and if you liked it.. give it a like please.

Comment:

After looking at the chart again this might also be a bull flag... depending on how you look at it. If it breaks above 650 I will look at it again. Stay tuned..