Lzr

STORM Clear rejection, buy target found!

Short
Storm saw a very bullish runup and is in correction phase right now. In the chart you see a clear ABC corrective wave, after which a new impulse wave failed, describing the whole as a double elliot combo wave. After that it failed another impulse, now regarding the structure as a triple elliot combo. For a buy i would wait for the retracement to the 0.236 fibbonacci (424 satoshi), See if that holds. Long term targets could be seen by zooming out.
I wouldnt recommend a buy right now!
be safe and have good fun and profits!

this is no advice.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.