$STORM Analysis
$STORM is a favorite from fundamentals. I have no bags, there's always a reason to put money elsewhere. This time isn't much different, Overall almost a huge symmetric triangle. I discount it because its more the "Binance Spike" followed my general decline which is different from the symmetric waves you expect for a symmetric triangle. We do see that its found a uptrend with a clear resistance and support. In addition its an ascending triangle which is a bullish indicator. They are airdropping unsold STORM tokens on June 7th but that's a century away in crypto. The negative here is that the volume is non-existant which is expected for a low cap coin with nothing going on.
$STORM will have its time but I don't really see any compelling reason for this to be its time.
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$STORM will have its time but I don't really see any compelling reason for this to be its time.
This is part of our Free and Friendly Discord. Hit up my profile for the link.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.