STMX UPDATE; NEW FOUND SUPPORTTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
STMX has found support on the 205 EMA right around .04. which I am personally pleased with after being at .01 months ago. The first level of resistance is .062 and next is .072. If we can break these levels we will retest the top resistance at .087. I think STMX has no problem breaking through all these levels in the next several weeks. By bouncing off the 205 ema we have established a known support amongst traders and momentum is finally building to the upside again.
FUNDAMENTALLY
STORMX is a hidden gem token. They already have a fully operable application with Marketplace for buying consumer goods and retail items from big corporate stores, as well as smaller ran companies. Users get a % of their purchases back in crypto. Stormx prepaid card is also being released very soon. Users will get to spend STMX anywhere that accepts a VISA card. Upon swiping the prepaid card it will automatically facilitate the sale of STMX into USD for the user.
Now the best part of Stormx app for me is the ability to stake and receive passive income on STMX and also become a tiered member where you'll get a higher percentage back from shopping at their partnered stores. Currently Stormx is offering users who stake 12.5% returns a year in STMX token. Since the price of STMX is so small, this can be highly lucrative in the long run. Once STMX is trading above .05-.10 the dividends will be looking like pay checks for some. There is now 50 million USD staked on stormx/ 1 billion tokens/ 10% of the total supply, and the numbers are increasing daily. This is a good sign that not only are we early in the stormx game, but that there is a heavy level of attention and publicity coming.
PAST CHARTED IDEA
Stmx
STMX next targetsSTMX most likely move up at the end of the month, on the daily bollinger bands we can see it is starting to get smaller before the next leg up. Unsure if STMX will do a full repeat of it last top, but if it does my strategy is to sell my investment at first target, if it goes up I and move down before touching the top channel try to sell before it goes down too hard with a trailing stoploss, if it goes down, I buy back at 0.081 for the target 2.
STMXUSDTthis alt was in a perfect descending channel before and recently it has been broken, although in the higher time frames you can see its reactions like trapped in a sideway but there are bulls in system which can be tracked in the lower time frames
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Stmxusdt 🚀Stmx Usdt after descending channel broken it formed symmetrical triangle when that broken we saw a huge pump now making ascending double bottom if we maintains the support and broke the descending line we can see he price till the next resistance
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STMX . A Storm is coming for .30 centsthe .5 fib on a shtcoin is a powerful thing
STMX to $0.30 cents
StormX STMX ready for next leg upStorm has reached the buyzone from the previous idea.. it should be ready to rip up the next leg any day now.. it had a healthy correction and we can see bullish divergence on the RSI.. its ATH is around the 900 sats
TP 1 200
TP 2 333
TP 3 600
TP 4 900
i will update once we get to the 3-400 sats area
STMX to 29cent!Huge potential growth channel STMX is in right now from current time at 0.05 we can see a big 480% growth in a short time as it have touched down on the bottom of the growth channel, the next leg up is gonna be huge to 0.29 in a relative short time which it have done before, having a huge pump to the top of the growth channel and slowly come down to the bottom of the channel.
STMXUSDT What Next StormX???Recently StormX jumped to ATH . Then it corrected couple days. Recovered in the last days from $0.044
Now we see a nice Symmetrical Triangle . What is gonna be the outcome. Upward or Downward ?
The bulls and bears are jamming up for real battle.
A move to 0.059 will confirm Bull control. But a move towards $0.053 will confirm Bears control .
Good support at $0.049 .
I am neutral on this one, watching it closely.
Buy the dip if it goes downward, a good utility project IMO .
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STMX Follow Up, 800% in 27 DaysWow what a fricken ride, 800% profit at it's high. On top of that, 15% staking rewards..... now thats a moon shot🤑. I'm done doing TA on this coin since it is simply a long term bag at this point. Don't forget this coin actually has use case! I just got $95 cash back for paying for an online blockchain degree program 😜
STMX - The storm is coming?!From the ascending triangle pattern STMX looks to be re-testing the rising lower trendline support. If it can maintain this key area of support and continue validating the pattern through consolidation within the triangle, then a breakout would be more likely to the upside. In this case, I would expect this breakout to occur in late April/early May as long as BTC and ETH remain stable.
Swing Trade Plan
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Entry: $0.060 - 0.065
Stop Loss: $0.055
Price Target #1 if rejection of breakout: $0.080
Price Target #2 if confirmation of breakout: $0.10
Disclaimer:
This is based on my opinion. I am not a financial advisor and this is not financial advice. Only trade with what you are willing to lose. Trading is not the same as investing.
🌧️ STMX In Bullish ChannelSTMX was hit hard after Walmart announced that they were withdrawing from them. However, their business model remains stellar and STMX is still trading with high volume. Assuming the bullish channel holds, we can expect an upwards movement to the top of the bullish channel for a nice 70-80% gain. Expecting STMX to stay within this channel for a while until we near May and June.
StormX (STMX) formed bullish Gartley for upto 43% rallyHi dear friends, hope you are well and welcome to the new update on StormX (STMX) token with Bitcoin pair.
On the daily time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also very good support of daily 25 simple moving average below the buying zone.
STMX / USDTUpdate to the STMX situation.
STMX / USDT might have found the local bottom around 0.6 support area.
Again, just something to keep an eye on as Bitcoin is still a bit indecisive (in the short term obviously) and market is influenced by its trend as usual.
However, ideally, we would see break out through the downtrend line and confirmation, before going to try the previous all time high at 0.99.
It's also a psychological barrier, so might not break it right away.
Some positive news or momentum would be great :)
STMX is a great project itself, and also fairly small market cap. Always good volume in trading. Love it.
Not a financial advice, just my thoughts, as always...
Happy trading to everyone!