StormX Trend Analysis
StormX on the Daily Chart -
After a crazy weekend filled with anticipation of a breakout we were met with dreaded FUD across the Crypto Universe... The shockwaves rippled across and STMX was caught in the wake.
I am still bullish long term for various real world use case reasons...But I think now is a time to maybe re-evaluate the current Bag and reconsider the coloration with Bitcoin...as all cryptos due...well except VeChain!!! Ha ha.
But honestly the daily looks great. We are till on the right trend paths as of the time this is published but watching where today's candle ends will be a strong indicator as to when we may see a breakout in terms of sooner or later.
I would consider entries at .0503, .0472, .0399
Watching the Light blue RSI Alert labeled LOOK - in backtesting this RSI indicator level has shown to bounce back Strongly.
Exits - .11, .14, .16, .25 15/15/25/25%
Good Luck! Just my opinions and not Financial Advice!
This is FaceTheGuru Out!!
After a crazy weekend filled with anticipation of a breakout we were met with dreaded FUD across the Crypto Universe... The shockwaves rippled across and STMX was caught in the wake.
I am still bullish long term for various real world use case reasons...But I think now is a time to maybe re-evaluate the current Bag and reconsider the coloration with Bitcoin...as all cryptos due...well except VeChain!!! Ha ha.
But honestly the daily looks great. We are till on the right trend paths as of the time this is published but watching where today's candle ends will be a strong indicator as to when we may see a breakout in terms of sooner or later.
I would consider entries at .0503, .0472, .0399
Watching the Light blue RSI Alert labeled LOOK - in backtesting this RSI indicator level has shown to bounce back Strongly.
Exits - .11, .14, .16, .25 15/15/25/25%
Good Luck! Just my opinions and not Financial Advice!
This is FaceTheGuru Out!!
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