Storj Bounces From Support | Will It Go Up Now?
STORJBTC (Storj) just moved below MA200 and bounced, printing a long-wick, when it hit support... What will happen next?
We have prices trading in between MA200 (0.00001510) and support (0.00001124).
The trading volume is really low when MA200 broke and also on the bounce. There is no strength on the bears drop and the indicators are starting to turn.
It is likely that STORJBTC will do little consolidation and then resume moving higher.
This is not financial advice.
Thanks a lot for reading.
Namaste.
We have prices trading in between MA200 (0.00001510) and support (0.00001124).
- If prices can remain above support and break MA200, then we will see STORJBTC move up with strength (green arrows).
- But if instead STORJBTC moves lower and fails to hold on support, we will see more low (red arrows).
The trading volume is really low when MA200 broke and also on the bounce. There is no strength on the bears drop and the indicators are starting to turn.
It is likely that STORJBTC will do little consolidation and then resume moving higher.
This is not financial advice.
- Remember to have a stop-loss and build a clear plan/strategy before you decide to trade.
- Take your time before taking any action, if one opportunity goes, another one will come and take its place.
Thanks a lot for reading.
Namaste.
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Related publications
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.