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STORM time to decide buy or sell

STORM is one of my favorite alt coins I invested in the past on this coin and I made a good profit.
Now is in the strongest support around 200 satoshis
Storm is oversold now with the RSI around 25
Storm formed a falling wedge that is a bull signal.
The problem I see with STORM is if the 200 satoshis support is broken we will see new lows because STORM does not have any news until December.
I you want to buy I think is a good timing to buy but you should put a stop loss below 200 satoshis just in case STORM can not break out the falling wedge.
Now is in the strongest support around 200 satoshis
Storm is oversold now with the RSI around 25
Storm formed a falling wedge that is a bull signal.
The problem I see with STORM is if the 200 satoshis support is broken we will see new lows because STORM does not have any news until December.
I you want to buy I think is a good timing to buy but you should put a stop loss below 200 satoshis just in case STORM can not break out the falling wedge.
Trade attivo
The strongest support of STORM has been broken around 200 satoshis, like I said before be ready to see a new lows.With the dominance of BTC around 48.25% I am expecting to see weak altcoins like this coin falling until the next alt season.
My advice is buying the dips with small amount of btc and wait to see a reversal.
But honestly I don't see clearly when this reversal could happen.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.