STORJ

1. Price above cloud is BULLISH
2. Cloud itself is BULLISH
3. TK Cross is BULLISH
4. Upwards Chikou cross through
price above cloud confirms BULLISH
5. STOCH RSI at middle. Let drop before buy

Note

STORJ - Storj

= Cloud storage platform that cannot be censored, monitored, or experience downtime
= First decentralized end-to-end encrypted cloud storage that uses blockchain technology and cryptogrophy to secure files.
+ Cost advantage makes them good competition to Amazon
+ Storage used is largest of it's market (5PB as of 12/23/2017)
+ Node count largest of it's market (50,000 as of 12/23/2017)
+ Accepts various payment methods, very easy for users and corporations to use
+ Fixed prices (Pay as you go)
Better for farmers who rent out free space
+ Faster network than SIA
+ First-in-market advantage
- Storage and downloading cost significantly more than SIA
- No storage marketplace for competitive pricing
- Has centralized bridge
Arguably less decentralized
Problematic for scalablitiy

Founder no track record before STORJ. However, STORJ, having been "on the ground" since 2014, talks to the point that "you can't build something until you start building it" so they know their market well.

Trade active

Buy in: .00014400 - .00017100
Stop: .00011520

Targets:
(1) .00022866
(2) .00030229
(3) .00038012
(4) .00045794
(5) .00056874

Trade closed: stop reached

wreathx

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.

wreathx