#STORJ

Updated

The Storj currency has moved a full upward cycle, which is currently in the correction cycle of wave 2. This cycle can appear as a three-wave and prepare for an upward movement in the form of wave 3 or C in the specified range after the end of leg C. Therefore, for those who want to enter this currency in the weekly time, the correction of this currency has not been completed yet. Therefore, the possible movement of this currency can be according to the figure that I will update this post in the future after completing the corrective leg.

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In the range of the green box according to the analysis moving towards PRZ
But Long's position was the limit of loss. For now, my opinion is bullish up to the specified range, which I will update in the range if necessary.

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According to the analysis, moving upwards towards the target.

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According to the analysis, it seems that after dealing with the supply zone with the withdrawal, which was the collection of liquidity, the corrective wave C has ended in the liquidity zone and we should wait for the failure of the supply zone for the next supply zone.

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After the failure of the supply zone, wave C extended to the buy zone. Currently, with the failure of the supply zone, it can enter an upward cycle. Otherwise, it can retest the area again.

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According to the movement path, it is currently in the supply zone at the bottom of the Buyer Zone channel after the formation of the reversal pattern. Therefore, by defeating it, it can touch the next goals.

alikze

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#STORJ

by alikze

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