Took a long time at consolidation but seems to be finally going for the break above ~67 sats...
Volume has been quite low across the entire move so let see how it goes..
If starts trending up aim for the grey areas as potential resistance/supports
Storm has reached the buyzone from the previous idea.. it should be ready to rip up the next leg any day now.. it had a healthy correction and we can see bullish divergence on the RSI.. its ATH is around the 900 sats
TP 1 200
TP 2 333
TP 3 600
TP 4 900
i will update once we get to the 3-400 sats area
Hi dear friends, hope you are well and welcome to the new update on StormX (STMX) token with Bitcoin pair.
On the daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also very good support of daily 25 simple moving average below the buying zone.
My first idea ever, so be gentle. :)
STMX is looking bullish from my side.
1) Nice consolidation after a pump forming bullish pennant.
2) We have tested 0.618 fib level 2 times and established it as support.
3) RSI looks stable.
I will be putting some of my profits from previous STMX pump into long position.
This is not financial advise.
After breaking out the top of the ascending triangle, it is ready to PUMP well, and this can be achieved by confirming the positive divergence in MACD.
Be sure to save a profit in the specified goals and I hope you will make a good profit.
If this idea came in handy, please support it and share it with your friends, Thank you :)
- As appear in my screener, today, STMXBTC has shown a bullish trend. By using 3commas, I put some idea setup for smart trade.
- Set Trailing to 0.2, TTP +5%, TSL -3%. Min entry 8 STX.
- Target duration not less than 4-hour
the price is testing daily resistance inside a descending channel. If the price will have a clear breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
StromX is a marketplace that enables the user to shop and earn rewards. STMX is the native token of StromX that is used for rewards and other benefits in the StromX marketplace. STMX is in the accumulation zone and preparing for the next big rally. The team is continually working on the developments and partnerships of the project.
All low sats coins are...
THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
STMXBTC broke out last week from 10 sats to 50 sats. We are currently consolidating after that run last week at around 20 sats. 20 sats is the same support STMX had back in November for 5 weeks straight. This tells me this is strong...