StormX
Long

STMX ready for reversal

18
STMX is oversold with bullish divergence and pattern similar to XRP before it pumped to ATH. I expect strong bounce from STMX to break local diagonal resistance line and open path to major diagonal resistance line. Move can be violent and break in one go also major diagonal resistance line (like XRP did). DCA profits slowly on the way up - targets of interest are fibb 0.786 pivot, April 2021 pivot at fibb 1.0 and fibb 1.272 extension.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.