After a long period of consolidation, over 95 days, Storm (STORMBTC) is gaining bullish momentum now that EMA100 has been conquered. Here we map the next target on the chart, we are looking at 31 satoshis or EMA200.
STORMBTC Chart Signals & Indicators
STORMBTC is trading above EMA10, EMA50 and EMA100, giving it strong bullish potential.
Trading volume is green.
MACD and RSI are bullish and strong.
Remember that the market moves in cycles, up and down, big and small. So each time you see a strong move up a retrace always follows before the next move can take place.
Our previous chart for Storm is now at 78%+, you can see it here:
Nice analysis as usual.
Namaste