Storm (STORM) aims to create a blockchain-based, gamified, micro-task marketplace (Storm Market) that enables users to earn by STORM ERC-20 tokens by completing different tasks.
Earn anywhere, anytime, from any device Built on the back of blockchain technology, Storm’s gamified microtask platform creates opportunities for people around the world to earn cryptocurrency rewards.
Storm (STORMBTC) Chart Analysis
We are going to start by looking at STORMBTC over the past month, this is a closed up chart:
Here we can see how STORMBTC has been consolidating, trading sideways with a low volume between 14-16 satoshis.
We can see the bullish divergence very clearly here as well, it shows up with the MACD and RSI. Prices are moving lower while the indicators are moving higher.
Here is how the long-term chart looks:
Here you can see the long-term targets.
When a top is hit, all the way to the left, notice that there is a first a huge decline in price with each drop becoming smaller... The price goes eventually flat until it breaks out and changes trend.
Below you can find our full trade with short-, mid-, and long-term targets.
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