*UPDATE* STORMBTCSetup: *UPDATE* 5/11/18
- We got some capitulation action and broke thru lower trend line due to BTC taking a dump
- Since it's basically bottomed out, could be a great point of entry for most traders/investors
(2x from most recent bull run)
- looking to see if we can retest/break thru lower trend line
- RSI reversing on 1D, 4H time frames and looking to break out of white trendline where the retrace began
Pump Catalyst:
- June 7 (Airdrop for Unsold Tokens to Encourage Wider Mass Adoption)
Buy: <500 sat
- expecting a nice rise leading up to the June 7 airdrop and potential bull run of the overall crypto market
- selling the news
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Storm
STORM - NEW PATTERN EMERGES WITH 30% PROFIT IN SHORT TERMEnjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
STORM: REBRANDING AND MARKET RECOVERY = 23.00% PROFIT!!!Our " Crypto Bottom" Trade Signal has correctly identified a b uy in point on the 11th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 23.00% PROFIT!!!
The increase in price may also be explained by positive developments including:
Full Year 2017: Number of users who have installed Storm PLAY reaching 1 million users.
11 March: Binance lists Storm token.
23 March: Upbit lists Storm token.
21 April: Imminent release of STORM GIGS, an application that is designed to replace Upwork, Fiver and Freelancer. As fees as minimal this will potentially increase adoption.
30 April: Storm notes that it's StormX application is available in 187 countries, has had over 249 BTC rewarded and has had 1.5 million downloads to date.
30 April: Storm is available for trading on the Kyber Network.
3 May: Storm announces it's new office in Seattle.
6 May: Oceans Capital announces that STORM is one of the top 5 cryptocurrencies in its report.
13 May : STORM announces rebranding.
Analysis reveals that the increase in the price of TRON is driven by
Storm VS Bitcoin Uptrend ContinuesStrom has been showing great performance recently and has already gained 90% over bitcoin since it found the bottom at 384 satoshis. Clearly STORM/BTC trend is up as price continues to produce higher highs and higher lows.
The resistance at 580 satoshis has been broken and recently has been acted as the support which has been rejected. The next potential upside target could be the double top, near 900 satoshis area.
On a downside, price could correct down to test the 580 support once again, but only break and close below the 460 satoshis could invalidate bullish outlook.
STORM SHORT TERM BOUNCE INCOMING - 10% - 40% PROFIT RECOVERYWe had a very solid bounce from our demand zone indicated by purple rectangle. I see this coin gaining more momentum in coming days as we attempt to recover after mass sell.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
GVT bull run incoming?RSI is severely oversold on the 4HR. Last time it was this oversold, it bounced from 22k sats to 29k. Currently hovering on the bottom band of the bollinger. RSI is pointing UP! I expect to see a bounce REAL soon and hopefully, we see a reversal here. It's also seemingly respecting the past falling wedge trendline.
THIS IS NOT FINANCIAL ADVICE. DYOR!
STORMBTC MAYSetup:
- Full retrace to 0.618 afer massive run
- Stoch RSI resetting on most time frames
- RSI nearly oversold on 1H, 4H
- bottom of bollinger on most time frames
Pump Catalyst:
- June 7 (Airdrop for Unsold Tokens to Encourage Wider Mass Adoption)
Buy: 500-550 sat
Target 1: 779 sat (42%)
Target 2: 930 sat(72%)
Stop loss: 469 sat
TIme in trade: ~1 month
- Storm has a had a huge retrace back to the 0.618 fib level after a massive run and looks like a great buy right now
- Buy box is between the 0.618 fib and the lower white trend line
- 930 sat target comes from previous all time highs which also coincides with the 1.618 fib from the most recent retrace
- expecting a nice rise leading up to the June 7 airdrop
- selling the news
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Must read: Old resistances are turning in support levelsGive this idea a thumb up, to see more of this. I'll post quick trading ideas and education only my Twitter account.
I was looking for some good trades today and I just found this obvious trade. During I was analysing this coin, I decided to post this in "education", because I spotted that this is a classical example of:
- How resistances can turn into support levels and vice versa
- To buy when it breaks out
- To sell when it finds resistance
My advice: if you are are a beginner trader, keep watching to this chart for +/- 20 minutes and try to explain every buy or sell moment to yourself.
If you fully understand this, you are able to relate every buy or sell moment to a moment in the past, which is in this chart
Don't hesistate to ask me questions, but it can take a while before I answer it.
Storm: Accumulate before a major run. (100%+ profits expected)Storm is one of the decent projects out there and was unable to breakout last time (BTC messed up and we broke the support.)
The bullish news is coming in and the volume too coming back in.
Targets: 600-680-750++ (Short term)
Use stoploss if BTC decides to play more but risk in entering this coin is low. Accumulate more at this point.
STORM going to breakoutBINANCE:STORMBTC is currently oversold, in a descending wedge on a support that is also the 61.8% retracement.
Bearish momentum is slowing down and didn't have any upward correction in a long time so I'm expecting an upward breakout out of the descending wedge.
Volume also dropped down a lot so it should change direction soon.
Theres a STORM brewing...Just taking a quick look into STORMs major support, we see it bounced many times before it's last big push. After a few weeks of corrections, we're back at it again, and even if it ends up being a B wave, there should be plenty of rain to water your portfolio.
If it breaks the top end of the major trendline it could flood your roll with BTC value to irrigate your crops for altcoin summer.
Not financial advice,
SETTING UP FOR THE PERFECT STORMSTORM setting up to move into the lower buy in areas looking to add more to longs
STORMBTC MAYSetup:
- Full retrace to 0.618 afer massive run
- Stoch RSI resetting on most time frames
- RSI nearly oversold on 1H, 4H
- bottom of bollinger on most time frames
Pump Catalyst:
- June 7 (Airdrop for Unsold Tokens to Encourage Wider Mass Adoption)
Buy: 500-550 sats 0.35%
Target 1: 779 sats 0.35% (42%)
Target 2: 930 sats 0.35% (72%)
Stop loss: 469 sats 0.35%
TIme in trade: ~1 month
- Storm has a had a huge retrace back to the 0.618 fib level after a massive run and looks like a great buy right now
- Buy box is between the 0.618 fib and the lower white trend line
- 930 sat target comes from previous all time highs which also coincides with the 1.618 fib from the most recent retrace
- expecting a nice rise leading up to the June 7 airdrop
- selling the news
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Re-Buying Storm HereI am using WaveTrend, as you see on 4HR chart we are at the lowest point since 1st of April, I am seeing a reversal here we just need more volume, I guess most of the volume went to Pundi :)
please use Stop-Loss.
$TRX TRON Update: Steady on support, Entry optionI'm not sure when this market will get itself back on track, but this is a great entry opportunity if you want in for the next round. We're looking very strong (despite the downturn) and some of our bullish indicators have returned. I moved in between 860-880, looking for 20-30% gains in the near-term.
The Storm is ApproachingSTORM has a great setup. Touching the uptrend line, while finishing wave ii of (III) with 50% fib extension. Should blast like a storm from here. You might want to wait before the pink line is breached upwards before buying. I already bought because I like the setup. R/R is also great. TP1 = 629, TP2 = 685, TP3 = 777; SL = 530. should hit MUCH higher than this IF my count is correct. We shall see. Please note that this chart is 12h and the trade could take a longer time to develop. Good luck,
Catch the dip on STORMLooking at a yuuuuuuuuuuge cup and handle on STORM. might be forming the handle around here.
broke the consolidation level - no biggy.
we bounced twice on an important level, namely the 0.618 fib - this usually indicates a continuation of the rally.
we might be looking at a hidden bull div (need more candles to confirm)
todays candle might be a doji and that would be favourable cuz the last candle was quite bearish. pinbars are also appearing which is a good sign
Shotty cup and handle?Huge cup formed on STORM's daily. consolidation afterwards could be considered a handle. A breakout of the top line may see significant upside. All criticism and feedback is welcome.
STORMBTC LongRSI dipped below 36.1 (green line) and 33 ( purple line) on one hour indicating strongly oversold. RSI is very reliable for STORM The quick dip below the support and bounce back indicate strong buying pressure at 675-700. LONG!
