SUMMARY
STORM is a new coin but it doesn't mean it can't have a bullish run! Since its debut, STORM wasted little time in putting in its five wave impulse. Wave 5 was not extended. This could explain the elevated rounded price formation when it usually is much lower in price with an extended 5th situation. Thus far, this pattern has completed the left wall and is about to exit the basin phase. That leaves the right wall to be climbed and placed by an impulse wave set.
The wxyxz (red) labels well to the rounded pattern thus far; z could already be done but its been placed to the right in case price declines to a minor correction and a slightly lower low. Regardless, an impulse is well expected to drive prices to higher highs (blue).
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