STMX- STORM THE FRONT (to 4 cents)When I hear about new coins/tokens I always avoid the hype, wait for the correction, study the project and decide on a good entry point to join in
It took a few months of waiting before I got on Enjin in February for example before getting out and waiting again here . There is no doubt I still prefer Enjin to STORMX but let's take a look at STORMX Card website :
''Just sign up, shop, and start your Crypto Cashback journey! Who said crypto had to be hard.
''Unlike most platforms, your funds are held in crypto. We only convert your crypto to fiat at the time of purchase.''
and this Youtube video on '10 Reasons Why STMX Will Soar 🚀''
Now add a good old classic Alley-oop from the Portland Trailblazers and you probably get a nice Baseline dunk to the 40cents.
That's exactly where I will be getting out and getting cautious/re-examine the projects and it's developments.
Take a look at the chart the 3 proposed Take Profit levels.
ps. the fact that you guys asked me in 4 occasions to take a look at this got me interested. The fact that the price has been to the sky and back makes this project an 'in-and-out' trade for me.
Branding does not arouse me.
Technology and charts do,
the FXPROFESSOR
Stormxusd
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 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.
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!
STMX SHAKEOUT - BUYING OPPORTUNITY THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
STMXUSD did a philly fakeout from that ascending triangle. I am still very bullish on STORMX. It went down to the previous support that I had drawn from my last idea, so we are still looking positive. I bought more here =]
FUNDAMENTALLY
STORMX is a hidden gem token. They already have a fully operable application with Marketplace for buying consumer good and retail items from big corporate stores as well as smaller ran companies. Users get a % of their purchases back in crypto. Now the best part of Stormx app for me is the ability to stake and receive passive income on STMX. Currently Stormx is offering users who stake 17.5% 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 only 6.6 million USD staked on stormx currently and the number is 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.
STMXUSD --> 1000% GAINER ON WAYTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
STMXUSD just broke out and now we are retesting ready for the real move up! I am soooooo BULLISH technically.
FUNDAMENTALLY
STORMX is a hidden gem token. They already have a fully operable application with Marketplace for buying consumer good and retail items from big corporate stores as well as smaller ran companies. Users get a % of their purchases back in crypto. Now the best part of Stormx app for me is the ability to stake and receive passive income on STMX. Currently Stormx is offering users who stake 20% 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 only 5 million USD staked on stormx currently and the number is 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 for this gem.
OTHER CHART IDEAS OF STORMX:
STMXETH
STMXBTC
StormX: fasten your seatbeltStormX is about to rally based on the bullish pennant on the 4hr chart. Looks like its worth a shot.