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Storj

STORJ.USDT (Y20.P4.E2.v2).Macro.Inverse HS Hi All, *** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable *** Link supplied below: MY THOUGHTS: ==================================================== Keeping this one short as the previous post explained the observations and business case. Basically an inverse Head and Shoulders structure in my opinion, a reversal structure. The target is based on this which equates to a double top, strong resistance. In the shorter time frame, we have a pullback to potential 2 levels, as per chart. What are your thoughts, bullish on LINK? Please give me a tick or like for this post. Regards, S.SAri My targets for the pullback.z.chart. I placed a range because its difficult to decipher between the 0.5 and 0.618 fib micro level.
by ssari
Still looking bullish after today's market dumpThe current situation: 1. Price action had previously broken out of the bigger falling wedge, with a measured target of about 0.76 USD. Currently, it is apparently still ranging in a symmetrical triangle pattern with a measured target of 0.6 USD, while not being affected by the bearish action in the market today. Please note that the measured target may or may not be reached. 2. The last high it made at about 0.76 USD has created a very high RSI reading on all major timeframes. So if the price action reaches another high of 0.76 or above, it can mark bearish divergence unless the RSI reading will be higher on these timeframes. And if the bearish divergences play out, that can signal a pullback. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
BINANCE:STORJUSDLong
by CryptoRush_
Bullish signs but pull back expected at THESE levelsThe current situation: 1. Price action previously broke out of the falling wedge pattern with a measured target of about 0.77 USD. Currently, it is apparently ranging in a symmetrical triangle pattern between the breakout point and the measured target while being above all moving averages on major timeframes, which is a bullish signal. 2. Possible bearish divergence can occur on the 4 and 6HR chart when price action reaches or beats the last high within the symmetrical triangle at about 0.52 USD without making a higher high on the RSI, which can signal a pullback. Possible bearish divergence can also occur on all major timeframes if price action reaches or beats the last high from the falling wedge at about 0.745 USD without making a higher high on the RSI, which can also signal a pullback. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
BINANCE:STORJUSDLong
by CryptoRush_
STORJ.USDT (Y20.P4.E2).Macro.Looking for an entry.Hi All, Keeping this short as its only the planning phase: Storj did a nice reversal which was a beautiful clear setup which I missed out on, did not review the chart (bottom pattern was a reversal especially at the right fib level.) Chart below. With a strong bounce with 4 impulses, one would think this is the top on this impulse so I'm looking for a pullback before taking the trade, as its likely to continue the uptrend in the micro level. As the chart suggests, we can possibly have an inverted Head and Shoulder formation in the making. Storj can still go higher so don't fomo in, look for that pullback. On the daily chart, phoeix showing downward pressure with a current undecided candle. After 1 day, the next candle will give us the clue. Observe the bottom formation: ================================================================ Please give me a like or tick for this post, Regards, S.SAri. (ref. D.charts) The other possibility, which I find more unlikely is a flat neckline for the inverse H & S PREVIOUS POST was with BTC pairing ================================================================
by ssari
4
Storj Strongly Bullish (330% To ATH + New ATH or More)Storj (STORJBTC) is looking strongly bullish right now and just broke above EMA100 for the first time ever on the weekly. This is a very strong bullish signal. After the 2018 ATH, STORJBTC went on a 2.5 years-long bear market... Just recently, in the past 3 weeks, we've been seeing some really strong bullish action, but this is only the beginning. As you can appreciate from this long-term chart, prices are still trading relatively low compared to the full picture. The trading volume is just starting to coming in and the MACD has room for plenty of more growth. Long-term, we can see the last ATH being broken plus so much more. We can see 10X, 20X, 30x, and even 50X+ in the years to come... The cryptocurrency market is wild... Just as we can hit new lows, we can also hit new highs on the next run. Thanks a lot for your support. Namaste.
Long
by AlanSantana
3
Storj Recovers After Testing MA200 As SupportLet me show you a quick one... Normally, after a strong resistance is taken out, this same level is later tested as support. Here we have the chart for STORJBTC... Put your attention on the light blue highlighted area. On the left, we see STORJBTC moving above MA200 (black line). This leads to bullish action. Then, the same level is tested as support, right side. After this level is tested as support, if it holds (meaning that prices bounce as it is happening now), we can expect additional bullish action (green arrow). STORJBTC is likely to resume its growth. If prices remain above MA200 (black line), we can say that STORJBTC tested MA200 as support and resulted in a higher low... This is a bullish development. Note: If the price breaks below MA200, the above signals are invalidated. Namaste.
by AlanSantana
4
Storj | Bullish In All WaysHere is one that brings back memories... STORJBTC is looking strong above EMA300. We have a steep ascending channel, marked with orange lines. Normally we would expect prices to move lower after the last drop but since STORJBTC managed to break back above EMA300 (0.00001787), it is possible to see additional growth right away. On this chart, I marked the next targets as Fib. levels as well as support. If prices drop (red arrow), we remain bullish after... Thanks a lot for reading. Namaste.
Long
by AlanSantana
5
Storj Conquers MA200, Big Swings ChartStorj (STORJBTC) tends to move wildly each time it breaks down or breaks up. Yesterday, 21st of May, we saw many altcoins printing big green candles, just like STORJBTC which moved above EMA50, EMA100, and MA200 in one single jump. In one week, we have 55%+ of growth, with potential for so much more. Trading above MA200 is considered really bullish for the altcoins, based on my experience reading charts... This means that now this pair is open for sudden strong bursts of growth. Prices can still drop, but we remain bullish as long as prices remain above the last low. This is not financial advice. Thanks a lot for your support. Namaste.
by AlanSantana
4