Long

ALL SYSTEMS ARE A GO

Updated

**Accumulation phase is coming to an end - Bull run imminent**

-Cup and handle break is inevitable (J-curve OP)
-Flag is now at the apex (decision time BABY)
-RSI diverging bearish (acceptable given volume is supposed to be bone dry on the F wave)
-News timing is superb - iOS app launch date is some time this month
*Expect some sort of movement today/tomorrow (personal projections into to 8-10x region this year)

*THIS IS JUST FOOD FOR THOUGHT - DO NOT BUY OR SELL BASED ON THIS ANALYSIS*

Trade active

Low volume and failure to break resistance @726sat suggests a retest of the 680 region before diamonds and lambos arrive

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POSSIBLE STRATEGIES

Risk Averse Folks: Buy the break at 762sat and close at the 1k psych. resistance

Risky Folks (<3): Pay between 680-720 and HODL

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Weak MACD cross, retest in progress - Next push should be the break if current market conditions hold

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-Currently testing Cup and Handle Resistance (showing strong resistance)
-No bulls showed up to the party (LAME)

*Retest of lower region (680-700) still in the cards as volume is not as aggressive as it should be*

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This thing is so ready to blowup it's sickening - Should be any time today/tomorrow (GLTA)

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Retesting the flag's upper edge as support after finding resistance at the cup and handle resistance (Fuschia and Cyan).

Since a majority of trading activity on STORM takes place in Korea, we will likely require their volume input to breach the Cup and J (~4am tomorrow)

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This small break is only winding up the coil - Seems we have strong appetite around the 658sat region. I still expect a move up in the coming days.

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Picture perfect dip.

malevolent12

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