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Storm

DJI: Earning Season or Stormy Season ?DJIA Again with the keeping it simple Strategy. 1. See the price action around the Support lines and Trend Lines. 2. Price got rejected at 20 MA twice on a Daily Close. 3. Frequent Testing of Previous Support Levels 4. Earning Seasons - Meh, Storms Brewing In the marked Area !! 5. Clouds in this area needs to dissipate Quickly , meaning Run upwards !! 6. More Inclined to think a Violent break of the Support Zone and a Sudden Run to 22800 ( TGT-2) as predicted earlier. Be prepared for this. Dont be Uptight , see the Previous posts on Dow Jones and hit the play button. Then Post a LIKE :) *** Bullish Scenario : Strategy to go long- will update if it manages to close above 20 MA.
DJ:DJI
by arnyie
Gearing up for another $STORM$STORM appears to have reached a bottom support. On the uptrend we still need to push through the golden pocket but I believe $STORM will have the momentum. This coin went parabolic in a bear market after its listing on UpBit (Korean) as a KRW pair. We are continuing to hit higher lows at the support and the 1 day Stoch RSI is uptrending from from bottom. We've seen this coin go vertical on the first leg of its elliott wave, followed by a monster 3rd. It happens with little warning. I'm packing bags, see you on Mars.
SShort
by TeamNeverWorkAgain
2
Storm - A second try at analysis using trend linesI believe we may see storm go under into the 300's unless there is a breakout. I drew a descending triangle using trend lines (bullish formation) to explain the last breakout. I now believe we are in a downwards channel, and the sideways trading will push us up against the top of it. While I wish we would break through, volume is much lower this time around, so my call is down. I also drew a horizontal support line, though it may be hard to see. We appear to be resting on it currently. Don't mistake it for the bottom just yet! "Every morning I wake up and pray to the bitcoin gods" - Anonymous ***Not trading advise, trend analysis only***
S
by darth_bitcoin
Calm before the .... STORM /BTC ? Bullish descending triangle Hello all. I am back again. Hopefully bringing some good karma along the way. We have here a giant descending triangle formation brewing with Storm/btc that has developed over the course of the past 4 days. There was a solid %60+ percent drop from the initial run up, and it appears the market has found a (hopefully) temporary floor at around the 46x level. The market attempted to make a push earlier this morning after leaving the triangle but was rejected by the 100ema. However, it appears it has found a temporary consolidation range between 46x-48x, and all the ema's are slowly starting to converge (very bullish). RSI and MACD provide tons of room for growth, and I'm cautiously anticipating a sudden spike coming sometime soon. Tentative target is 869. Giant support at 435, if you are wanting to set a stop loss. As always, pay close attention to BTC as it will likely dictate where the rest of the market goes. Take profits when you can. Happy trading!
SLong
by ninjacookies
2