hello
a doji candle stick pattern has formed here on the #storm daily chart which i have marked as the first indicator for the trend reversal.
secondly, the slow stochastic oscillator shows #storm has been oversold with a crossover confirmation (k%/d%) indicating a pattern reversal; the second confirmation.
Let's see how this plays out given #btc however looking at the similar indicators of #btc at the point of posting, some uptrend movement expected after a few days of down movement.
GL
a doji candle stick pattern has formed here on the #storm daily chart which i have marked as the first indicator for the trend reversal.
secondly, the slow stochastic oscillator shows #storm has been oversold with a crossover confirmation (k%/d%) indicating a pattern reversal; the second confirmation.
Let's see how this plays out given #btc however looking at the similar indicators of #btc at the point of posting, some uptrend movement expected after a few days of down movement.
GL
Trade active:
target 1 (580) reached
target 2 (640) just missed
trade still active as the upside still looks strong to reach t2 and volume flowing. rsi just under 80 on 4h and macd just about to cross; also broken above ichimoku cloud.
target 2 (640) just missed
trade still active as the upside still looks strong to reach t2 and volume flowing. rsi just under 80 on 4h and macd just about to cross; also broken above ichimoku cloud.
Trade closed: target reached