LiuTrader

STORM Falling Wedge, the bulls are coming! Profits upto 100%

Long
LiuTrader Aggiornato   
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STORM seems to have found its bottom, on the daily chart it is possible to see a large bullish divergence (RSI + MACD + OBV) since November.

We can see in the chart that for several times the bears tried to push the price down, but failed, having a quick and strong response from the bulls who pushed up again. We can also observe that inside the falling wedge there are several candles with volume above the average and all of them were dominated by the bulls. The downward movements are happening with very low volume, which also confirms that we are close to a reversal.

On the 4H chart the price is about to break up on 200MA and should also break the falling wedge in the next days.

The ideal entry would be in breaking the falling wedge or on the pullback, but I believe that this movement could happen very quickly and as this trade has a great risk x return I do not want to be left out.

In the related ideas below you can see some of the latest trades I've sent here and in the telegram,have resulted in good profits in a few hours or days!
Trade attivo:
NEW STORM SIGNAL

#STORM #STORMBTC

Buy-Long: 76-77 (now) and at 72 (2 orders)

Target:
1st: 82
2nd: 90
3rd: 99
4th: 117
5th: 133
6th: 151

SL: 68
Trade chiuso: obiettivo raggiunto:
Target 1 reached!
Trade attivo
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