[CLOSED-July] Stop-loss activated, trade closed in profits. New trade will be shared for this pair in the future.
Storm (STORM) Overview
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Storm (STORMBTC) Chart Analysis
Let’s take a look at STORMBTC on the weekly time frame and see what we have:
- Here we are looking at a volume breakout. We are looking at a growing bull volume after a bounce from a new all-time low.
- We can see bullish divergence on the MACD which has been there for months.
- The RSI hit its lowest yet at 31, basically oversold.
- With market sentiment changing, there is a high probability for the bottom to be set here, so let’s proceed with a trade.
Storm (STORMBTC) PREMIUM Trade
Next support: 30-33
(1) 55 -Reached 26-May (+37%)
Profits potential: 147% (short-term) and 760% (long-term)
(Buy-in calculated at 40 satoshis)
Stop-loss: Close weekly below 28.
Capital allocation: <10%.
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