We are doing Analysis of STORMBTC on Daily Timeframe .
Right Its Look like that its holding Trend line support Area .
With the help of S&R We have find some targets and Stop loss Area
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, ...
Buying STORM, its ready for moon
Very oversold on daily, sitting on nice support. Looks like LOOM before its massive bounce.
Stop 325 (320 a bit more risk, but better support 4%)
For shorter term trades look at the red lines on the way up to take profits
eyes on BTC, do not sit without your stop in place. Take profits starting at ...
Airdrop on the 7th make sure to sell before
possible profit 8.29%
possible loss 1.8%
Risk reward 4.5
Keep your eyes on bitcoin could throw off the numbers, trail your stop if you'd like to protect gains
DO NOT HODL, we have not confirmed trend reversal on BTC yet, let your stop hit.
Play safe, hope this plays out
Storm making a beautiful Bull flag in 4H TF.
Sell 770-850-900+ ( All short term !)
For long term : Hold till may end for max profits
FA : Storm Drop: An Airdrop for Unsold Tokens to Encourage Wider Mass Adoption , Date : 7 June 2018.