TradingView
AlanSantana
Jan 11, 2020 2:50 PM

Storm Will Not Be This Low For Too Long | Falling Wedge 

Description

Storm broke its 14 satoshis support to hit a new low and is now facing resistance when trying to move up.

I believe that STORMBTC won't stay at these low levels for much longer... On the chart, you can see a falling wedge, as soon as this pattern completes we will see a strong move take place.

If the 12 satoshis support gets taken out, which isn't likely at the moment because prices retraced below 1 Fib. and trading volume is really low, the red arrow will be followed. But if instead, STORMBTC manages to break and close above 14 satoshis, the bullish action can start sooner.

STORMBTC is likely to go up soon.

Namaste.
Comments
sidhabdn
Thanks Master
AlanSantana
@sidhabdn, My pleasure.
Twenty-Twenty_Crypto
@alanmasters
Are you still feeling good about this one? I'm still riding it.
AlanSantana
@DocShock1964, Yes, still good.
Twenty-Twenty_Crypto
@alanmasters,
Thank you, Sir.
BMLemon
tell that to NPXS ha
AlanSantana
@BMLemon, That one is an exception :P
BMLemon
@alanmasters, They're all exceptions, except this one, no doubt.
More