- This is a high breakout above EMA10, which was sitting at 82 satoshis. STORMBTC is now sitting at 88 satoshis at the time of this writing. Weekly candle closes in less than two hours, this is signal is as good as confirmed.
- The is trending up strong and the histogram favors the bulls.
- We were looking at the weekly chart for the , let's take a look at the now.
Let's look at the which is the main chart above.
- Here we have a really strong breakout above EMA50 which is the magenta line. Each time this level was rested in the past it resulted in a rejection. Now it has finally been broken giving out a strong signal.
- Over 990% profits potential to STORMBTC all-time high.
If you would like to see a full trade for STORMBTC , make sure to hit like. If enough people hit like I will share a very safe and profitable trade with over 50% profits potential.
Thanks a lot for the continued support.
BUY: 80 – 89
NEXT SUPPORT: 69
STOP: Close daily below 64.
One question : we are seeing a lot of high volume trading on several altcoins, how would you interpret that ?
According to a potential bottom context for many of those altcoins, is it a signal strong enough in itself to announce a bull trend (and a breakout) ? Is that whales accumulating ? Can it be a bull trap also ? and hence how would you manage risk ?
This can potentially mean that the bottom is in and there will be a change of trend market wise.
Instead of slow and long term down, bear market, we can have slow and long term up, bull market.
Only time will confirm this.