Long on storm at 480 satoshis
On the hourly, it is currently pushing up against the lower end of the Bollinger Band.
The RSI is 24, which indicates that is is oversold.
Might want to set a tight SL around 470, I personally am not due to the volatility I have observed with this coin.
Conservative traders should take some profits near the center of the Bollinger Band.
Let's hope for a breakout baby!
:)
On the hourly, it is currently pushing up against the lower end of the Bollinger Band.
The RSI is 24, which indicates that is is oversold.
Might want to set a tight SL around 470, I personally am not due to the volatility I have observed with this coin.
Conservative traders should take some profits near the center of the Bollinger Band.
Let's hope for a breakout baby!
:)
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Trade Closed
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Will re-buy at first sign of reversal. Otherwise, looking to re-buy around 424 sats. I got this number from fibonacci extensions
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Storm now pushing 450, at the center of bollinger band. Keep watch, short-term reversal is possible
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Touched top of band at 474. I took profits around 470, my previous recommended SL
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If you're aggressive you can try to rebuy at 450, near center of band. This is why it's nice to take partial profits when price moves up quickly. My policy is 25% TP1 25% TP2 and 50% HODL until final target or SL