I believe we may see storm go under into the 300's unless there is a breakout. I drew a descending triangle using trend lines (bullish formation) to explain the last breakout. I now believe we are in a downwards channel, and the sideways trading will push us up against the top of it. While I wish we would break through, volume is much lower this time around, so...
Someone's mad bc the based a trade on my last post on storm what an idiot. The majority of my charts are titled goldfish noob and such. I dont know what I'm doing, I just chart in hopes one day I will. I do know that if one were to follow my storm cup and handle chart, I would not be freaking out being all fud bc the pattern is still forming.... :)
Long on storm at 480 satoshis On the hourly, it is currently pushing up against the lower end of the Bollinger Band. The RSI is 24, which indicates that is is oversold. Might want to set a tight SL around 470, I personally am not due to the volatility I have observed with this coin. Conservative traders should take some profits near the center of the Bollinger...
Signals Storm forming a cup and handle pattern, very good place to get in short term What you should do Look at selling at 548 for quick & safe profit Alternative: Sell at 583 at 0.618 retrace
A very nice cup and handle . If this pattern manifests into a breakout, I will sell and increase my position. Basically doing this with ncash and tron too.... just increasing positions until btc bounces back and we get rewarded for waiting this impending doom out
Hello all. I am back again. Hopefully bringing some good karma along the way. We have here a giant descending triangle formation brewing with Storm/btc that has developed over the course of the past 4 days. There was a solid %60+ percent drop from the initial run up, and it appears the market has found a (hopefully) temporary floor at around the 46x...
Similar chart to ADA, with be sweeping lines, getting a 2.618 extention on wave 3 is quite impressive. I would imagine a 1:1 on previous level is possible. If this were an impulse wave than a 1.618 would be more realistic. I put a little in at the .5 retracement (.00000596) looking to sell 75% at .00000750
Looking at the four hour chart and STORM is ready for another skyrocket flight.
I spent the day scalping the STORM BTC chart (my new favorite thing). This inverted cup pattern immediately popped out at me. It's the same as Ethererum! (and lots of other coins with charts that look like Bitcoin) The attached picture below shows the detail on the Storm chart. Interesting part: - The Ethereum chart shows 4 hour candles, and it drew this pattern...
All indicators are greenlit. This is the perfect STORM. Uptrend now official! - MACD approaching zero, a very good sign. Will be excellent when MACD goes above zero. - MAs 20, 50 and 100 are broken. Price is currently trading above these Moving Averages. - My favorite public indicator is showing bulls strength. This is basing on 2H chart.
Based on elliot wave theory and fibonacci we can see that the first wave was done around 335 satoshis. The second wave retraced back towards around 275 satoshis. According to the elliot wave theory wave 3 is the longest and will be at least 1:1 with wave one. Using fibonacci extensions around 275 satoshis this will bring us up to around 400 satoshis. What do you...
Bearish Shark Pattern D leg around 280 sats - 295 sats All indicators positive
Not financial advice, I am just an idiot trying to do TA.
Here we have a new coin new chart new opportunity. Storm is the coin, charts looks good and slowly developing into what we want to see to make us some cash! We have a bullish divergence but we are not ready to enter this coin yes due to the below, but we will prepare ourselves now..... Ok so the chart tells us that we look to break high but we face resistance...