Hi guys, last day we had a rebound in storm that gave us a 6% profit approximately. We were expecting that rebound at the 140 satoshi level, and it happen at 141.
As the correction continues, the price is moving inside a falling wedge. Volume is decreasing so I am expecting an explosion in Storm during the nexts days. Also the fib levels we are at is a likely zone for a breakout. I would make a buy in the range from 140 to 134 levels, just in case a candle touches that low area.
Tell me guys what you think and, of course, do your own analysis before investing ;)
Keep an eye on Storm, if the coin rallies up you'll regret missing it.
Sounds good to me. Bought at 140. May be a bit too early. It went down to 132 and went back up again.
Dotrader
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@nginx, 140 it's fine.
The neckline of the head and shoulder that was formed since august was at that price. Anywhere between 140 and 134 is good. At the end, the objectives we're looking for are big % profits so doesn't matter if you limp in a bit early. Better that than missing the explosion.
Let's see if during today's evening and specially tomorrow the movement starts.
Cheers