BINANCE:STORMBTC is currently oversold, in a descending wedge on a support that is also the 61.8% retracement. Bearish momentum is slowing down and didn't have any upward correction in a long time so I'm expecting an upward breakout out of the descending wedge. Volume also dropped down a lot so it should change direction soon.
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300 MA on 4h chart and 50 MA on 1D chart shows support in the same area + Regular Bullish Divergence
@HoodSquirrrel, It seems so. A lot of alts calls have been broken by bitcoin recently. The move is overextended, storm is oversold, I can't sell now, I'll hold. The blockchain consensus is near, it might give the market a boost