A Storm is brewin' - And I think we're all sick of winter storms
I've read some commenters who feel we are in a channel and they've been profiting on it. I say kudos to you as this "channel" is most decidedly a converging triangle.
BTC making some moves this week, where they lead to nobody knows yet, BUT, we will likely determine the lifeline of STORM in the next couple of weeks (maybe sooner)
The two scenarios played out come to a head no later than February 27th for option one, and March 7th for option 2. You can see these dates by hovering over the chart and finding the very tip of the triangle.
Follow the squeeze! Up or down? Death or rebirth? Drop me a like and a line!
BTC making some moves this week, where they lead to nobody knows yet, BUT, we will likely determine the lifeline of STORM in the next couple of weeks (maybe sooner)
The two scenarios played out come to a head no later than February 27th for option one, and March 7th for option 2. You can see these dates by hovering over the chart and finding the very tip of the triangle.
Follow the squeeze! Up or down? Death or rebirth? Drop me a like and a line!
Trade active:
Is it a wick...or is it dead? Volume is next to nothing at the moment...
Comment:
Pierced the bottom trend line and yet again stopped cold on the top. We'll keep an eye out for a closed candle above either trend line as that has yet to happen.
Trade active:
Pierced the downtrend for the first time since November 14.