STORMX.... The perfect stormSTORMX is a cryptocurrency that offers cashback on over 5,000 stores. They have recently released a debit card that offers cashback on any purchase. One example I will be using is Amazon's 8% cash back on all purchases. StormX is currently testing base support. The last two times it has tested this level it has bounced off and ran 100%+ each time. I strongly believe that if the market (ETH and BTC) recover, that in return STORMX will run as well based off Good Fundamentals and Technical Analysis. I am already in this play long term (holding through multiple market cycles because I believe in the companies future) but adding to my position for a quick flip.
Below I have linked my opinion about the current market, based off the ETH Chart and T.A.
All ideas are welcome and encouraged, even if you disagree with me :)
Also follow me on here and twitter: keenanmccann54
Take care y'all
-Keenan
Stormxio
STMX SHAKEOUT - BUYING OPPORTUNITY THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
STMXUSD did a philly fakeout from that ascending triangle. I am still very bullish on STORMX. It went down to the previous support that I had drawn from my last idea, so we are still looking positive. I bought more here =]
FUNDAMENTALLY
STORMX is a hidden gem token. They already have a fully operable application with Marketplace for buying consumer good and retail items from big corporate stores as well as smaller ran companies. Users get a % of their purchases back in crypto. Now the best part of Stormx app for me is the ability to stake and receive passive income on STMX. Currently Stormx is offering users who stake 17.5% returns a year in STMX token. Since the price of STMX is so small, this can be highly lucrative in the long run. Once STMX is trading above .05-.10 the dividends will be looking like pay checks for some. There is only 6.6 million USD staked on stormx currently and the number is increasing daily. This is a good sign that not only are we early in the stormx game, but that there is a heavy level of attention and publicity coming.
STMXUSD --> 1000% GAINER ON WAYTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
STMXUSD just broke out and now we are retesting ready for the real move up! I am soooooo BULLISH technically.
FUNDAMENTALLY
STORMX is a hidden gem token. They already have a fully operable application with Marketplace for buying consumer good and retail items from big corporate stores as well as smaller ran companies. Users get a % of their purchases back in crypto. Now the best part of Stormx app for me is the ability to stake and receive passive income on STMX. Currently Stormx is offering users who stake 20% returns a year in STMX token. Since the price of STMX is so small, this can be highly lucrative in the long run. Once STMX is trading above .05-.10 the dividends will be looking like pay checks for some. There is only 5 million USD staked on stormx currently and the number is increasing daily. This is a good sign that not only are we early in the stormx game, but that there is a heavy level of attention and publicity coming for this gem.
OTHER CHART IDEAS OF STORMX:
STMXETH
STMXBTC