Storm Consolidation Box + Bullish Divergence (Where To Next?)

16 Sep 2019

Storm (STORMBTC) has been consolidating for over 40 days now... Trading volume and price are trading at new lows.

RSI:

• Here we can see the RSI hitting oversold/weak and then moving higher.
  
• The RSI is moving higher printing bullish divergence (Storms price is flat).
  

MACD:

• The MACD has been moving up strong since June 2019.
  

STORMBTC can move positively soon.

The new all-time low at 13 satoshis can be used as a stop-loss. If prices move lower and close below 13 satoshis, we look for a new support.

Feel free to leave a comment if you have any questions.

This is not a piece of trade advice.

Thanks a lot for reading.

Namaste.