Hello guys. This seems to be a coin that a lot of people are watching right now & want. One that i am personally accumulating on dips.
Before I get into it, I have to stress - like all other coins, it's next broader wave is dependant on either sideways action from BTC or more bullish action. This is the same with altcoins across the board I believe.
Debrief:
Storm is looking bullish. Crazy T.A aside, we can cleary see it's in a flag and we can also see that the support is very strong at these heights.
Price action is squeezing. I expect a movement within the next 48hrs.
Points of consideration:
-The longer we trail sideways up here, the higher the chance we will go up
-MA'S are getting very close
-Price action apexing
-MACD is forming a descending wedge
-RSI is forming a bearish divergnece (but if i was to be bias, i could say that often volume drops off before a monstrous run. Look at ontology recently for example)
Before I get into it, I have to stress - like all other coins, it's next broader wave is dependant on either sideways action from BTC or more bullish action. This is the same with altcoins across the board I believe.
Debrief:
Storm is looking bullish. Crazy T.A aside, we can cleary see it's in a flag and we can also see that the support is very strong at these heights.
Price action is squeezing. I expect a movement within the next 48hrs.
Points of consideration:
-The longer we trail sideways up here, the higher the chance we will go up
-MA'S are getting very close
-Price action apexing
-MACD is forming a descending wedge
-RSI is forming a bearish divergnece (but if i was to be bias, i could say that often volume drops off before a monstrous run. Look at ontology recently for example)