#STORJ/USDT Analysis Description --------------------------------------------------------------- + As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level. + Consequently, the price retreated to its support zone and is currently attempting to rebound from this support. + I anticipate the continuation of the reversal, with a potential break above the previously rejected resistance and advancement towards the next resistance level. + The placement of our stop loss is further than usual to mitigate the risk of any false wicks. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.7159 Stop Loss: 0.6484 ------------------------------ Targets 1: 0.7348 Targets 2: 0.7513 Targets 3: 0.7894 Targets 4: 0.8448 ------------------------------ Timeframe: 4H Trade Type: Long Trade Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas.
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