Storm is ready to storm.Hello guys, welcome to this analysis on storm.
looking at the chart seems like Storm after a parabolic move has made a huge cup and handles, just like my post last week about Eos.
The volume signature supports my idea as well and all the indicators are showing bullish action.
Storm is ready to go for a hyperbolic mode and storm to the moon.
now we gonna analyze it step by step.
but before that, i have to say as far as it is a low cap and high supply coin i suggest to use very small position sizes to trade it. both because you this type of coins are risky to trade and also you have to have wider stop losses in swings so you won't get stopped out of the trade.
Stormcoin
#STORM Should Complete The AccumulationMy old analysis did work very well. Now the target is 900 SATS. Don't miss the chance.
STORMBTC Price StallComments and criticisms are welcome as I am new to trading.
Looking at the 4 hour chart on STORMBTC we can see wicks at the top of multiple candlesticks, implying the price has attempted to push past resistance at around 0.00000645 BTC but has been unsuccessful. If it continues to be unsuccessful there seems to be some support around the 0.00000600 level. To go long I would wait for a close above the high at 0.00000687, otherwise I would wait to see if it drops down to the support level to enter into a trade.
STORM: BULL RUN PROFIT = 39.10% !!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 18th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 39.10% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. Full Year 2017: Number of users who have installed Storm PLAY reaching 1 million users.
2. 11 March: Binance lists Storm token.
3. 23 March: Upbit lists Storm token.
1. 21 April: Immiment release of STORM GIGS, an applcation that is designed to replace Upwork, Fiver and Freelancer. As fees as minimal this will potentially increase adoption.
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
Idealistic Storm ForecastBased on the current trend could possibly expect the volume at these points to balance out into a new bull run during may. I don't expect any significant hikes within the next few weeks considering the bearish setbacks this week, but bringing in the new hands and those who've been eyeing it, and bots running the to buy in the negative zones of the moving averages during it's uptrend, I expect it to be no later than May that we just see a pump. I'm considering just setting a bot to sell at 80% and forgetting about it and one to sell at a big drop of 15% incase it pumps less than 80% and drops.
Cup and Handle Forming on Storm/BTC Chart?Looks like a possible Cup and Handle forming on the Storm to Bitcoin Chart.
Gearing up for another $STORM$STORM appears to have reached a bottom support. On the uptrend we still need to push through the golden pocket but I believe $STORM will have the momentum. This coin went parabolic in a bear market after its listing on UpBit (Korean) as a KRW pair. We are continuing to hit higher lows at the support and the 1 day Stoch RSI is uptrending from from bottom. We've seen this coin go vertical on the first leg of its elliott wave, followed by a monster 3rd. It happens with little warning. I'm packing bags, see you on Mars.
STORM Cup and HandleSignals
Storm forming a cup and handle pattern, very good place to get in short term
What you should do
Look at selling at 548 for quick & safe profit
Alternative: Sell at 583 at 0.618 retrace
A perfect STORMAll indicators are greenlit. This is the perfect STORM. Uptrend now official!
- MACD approaching zero, a very good sign. Will be excellent when MACD goes above zero.
- MAs 20, 50 and 100 are broken. Price is currently trading above these Moving Averages.
- My favorite public indicator is showing bulls strength.
This is basing on 2H chart.