STORJ - UNDERVALUED AF ! BIG MOVES !"End-to-end encrypted, distributed object storage, where only you have access to your data. Powered by blockchain payments."
"So how does Storj work? The application takes the files you'd like to store on someone else's hardware and encrypts them -- that is, it scrambles them using cryptographic techniques so that only someone in possession of a specific key can render them readable again. It then shards the files, meaning that it splits (and occasionally combines) them into fragments of uniform size. These are divvied up among different nodes for storage, so that a given file might be stored across a few continents."
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Storj
STORJ Strategy TestThis is more for me to track, I have been testing a new strategy, so far only on 15 coins.
31 trades brought in result of win 65% lose 35%, so high risk, however the average gains of the win's was over 100% and the losses were only -17%.
I will keep testing this strategy, if it continues to have success I may share it.
As always do not copy my trades, I'm not an expert, do your own research.
STORJ - The Next BIG Gainer?Storj Coin has been trading at the price of $0.5 for quite some time, but after the rally started back in October price has reached an all-time high, hitting $3. The corrective wave followed where Storj lost back to the USD over 80%, while the correction was stopped by 88.6% Fibonacci retracement level which was rejected cleanly.
The price of Storj remains undervalued, considering the facts that the current price is only $1 while the total supply is only 500,000,000 SJCX, and the price has been trading on lows for an extended period of time.
However, there are very strong resistance levels, that have to be broken in order for Strong to starting producing heavy gains. First resistance is at $1.56, and second $1.78. Break above the second resistance should confirm a very bullish scenario for the Stong and could push price x10-20 in the midterm.
On a downside. break and close below the $0.6 support could invalidate bullish outlook.
Storj/Bitcoin Long Setup This coin has a lot of bullish potential, as you can see from the chart the price has painted a huge triangle which can indicate a breakout and profit opportunity. You can set buy orders in the green box between 8,000 - 10,000 satoshies and set a target of 20,000+ satoshi. I would also like to mention bullish MACD cross upcoming if the price in fact would breakout, I have included two scenarios because a potential lower low is possible which being aware of multiple possibilities can give you confidence in your trading. :D
STORJ/BTC - 2/13/2018After reacting well to a double top pattern, STORJ/BTC began its decline like every other coin currently. Since January it has been forming consolidation in the form of a descending triangle. Although the prices match the pattern in the forms of higher lower highs and relatively the same lows, this is not a great sign for holders of the coin. In the long-term, because the descending triangle is a continuation pattern, this means the price is expected to continue in this downtrend for the length of the breakout of this triangle IF it is broken (and accurate). Inside the triangle though, lies some hope. There is an ascending triangle formation that is forming inside of the larger scale triangle. If this ascending triangle is broken correctly, the price may be able to escape its current drought and prevent the price from entering a major decline if the descending triangle is broken. Although, the RSI (debatably) shows a triple top that may indicate a reversal, in this case, continuing to form the descending triangle and perhaps break.
Important Resistance Levels: 12110, 14361, 16336
Important Support Levels: 9918, 8059
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
Another Triangle For StorjHi guys,
As you can clearly see there is a triangle that we are in. We can trade till second quarter of February after then we will decide what to do.
I hope February will be the month of Storj.
Have a great day.
(P.S. : I'm a beginner trader, trading for about 1 months. This is my opinion, do not invest your money based on what i drew or i said.)
#STORJ CUP AND HANDLE possible bullish breakoutCUP WITH HANDLE spotted on $STORJ #STORJ chart. After the parabolic move you can clearly see the descending wave which could throw the bearish trend into reversal.
I am hoping in breaks the 0.0018 ETH resistance mark and I would say it will because it has been consolidating for a while and soon to reach a breakout point.
I'd say it is a good time to get into STORJ if you're looking to make some profit. I recently just got into this coin so begin day trading. I bought in at 0.0015704 ETH and am down 11.5%, but since I am expecting a breakout I am short-term bullish on this coin.
Let me know your thoughts on my analysis since this is my first proper one. Any tips and constructive criticism is appreciated. Much love to you all in the crypto space.
STORJ/BTC is Showing Strong Safe Bull Signs 30% - 300% ROI Pot.Hello, Trading Followers,
Here is my first post. I can tell by all the rules that I have be learning about for the past month. This follows all of them and it shows positive signs in every category. Once it leaves the bottom support line it will continue rising until it finds a new market price average. When that happens it will go sideways. So it is best to jump on at the support line in a bull market.
You can hold this coin for several weeks because the new market average has not been discovered yet. So be sure to keep an eye on it. When it goes sideways for 2-4 days I would sell it for a profit during that time depending upon hourly trading signals to get the highest ROI during that specific day.
Thanks,
StopLoss123