StorjStorj, pronounced as “storage,” is an open-source cloud storage platform in which people with hard drive space and good internet connectivity can participate in the network to become a node in the network, and be rewarded by Storj tokens. Anyway, STORJ chart is a little stochastic and noisy, but there are clear upward and downward trends. After storj broke the major downtrend line, it started oscillating in an inverted wedge pattern. Now it seems storj has started an upward impulse wave and trying to break this inverted wedge. Let's see what happens.
Storj
Trade Alerts - Sold 50% Arb - Long StorjJust as I wished for yesterday, Santa came through and freed up a little extra cash for me by pumping ARB today. I was able to step 50% of my original entry out for around %18 gain. I have moved that SL up to $1.05 and will let the rest ride to final target or stop out. Either way, I will be all well in the profit on that trade.
Entry for Storj was .715 cents.
Targets are .98 and 1.37
SL is .585 with a rrr of 5/1!
Not fin advice.
STORJ/USDT Process to retesting phase on the the support area.💎 STORJ has been capturing significant attention in the market It is currently in a retesting phase at what used to be a resistance level, now serving as support.
💎 There is a Probability that if STORJ successfully breaks out of the supply area early, before fully entering the retesting phase, it might continue its upward journey without needing to retest at the support level.
💎 The retesting phase will be considered valid if STORJ manages a bounce from the support area and resumes its upward movement. Should this occur, there's a high chance that STORJ could reach our target in the strong resistance zone.
💎 However, if STORJ fails to rebound from the support area and instead breaks below it, the next critical level to watch would be the demand area.
💎 In the demand zone, a robust recovery is crucial for STORJ. It's necessary for STORJ to demonstrate a strong bounce to either reclaim the lost support or achieve a breakout of the resistance to continue its upward trajectory. If STORJ fails to show a positive response in this area and breaks down further, it could signal a shift back to a bearish trend. This would potentially lead to further downward movement towards a more significant support area.
Will Santa Deliver Storj Gainz for Christmas?On my wish list for Santa is a little extra cash here for Storj before it takes off! Look at this pattern I've spotted.
Bull Flag. Touch on RSI trendline. Explode! 2.5x Gainz to the top.
Bull Flag. Touch on RSI trendline. Explode! 2.7x Gainz to the top.
Bull Flag. Touch on RSI trendline ...Explode? 3x Gainz this time?
If the pattern repeats, we're looking at 3x gainz to the top at $2.17 which is also a level of resistance I have had drawn on the chart btw.
This would be a longer-term swing trade (like weeks/months). And to hold to the final target would be rather risky without tightening stops that could easily take you out before then. So, if you are not into that, ignore this opportunity.
As soon as I free up some cash from any of my other trades, I'm in.
Best,
Stewdamus
6 Altcoins that could POP as soon as this weekend!Traders,
Just wanted to cover my current trades/trade strategy as well as some potential winners. I have picked out a short list of coins that could pop as soon as this weekend or into next week.
If you don't want to watch the whole video the coins are: DOT, GODS, Powr, APE, Storj, and JASMY.
Best,
Stew
STORJUSDT.4HBased on the given market data, the STORJ/USDT pair is currently in a bullish trend, as indicated by the RSI (Relative Strength Index) values for 4h, 1d, and 7d which are above 50. This suggests that the currency is being heavily bought in the market.
The MACD (Moving Average Convergence Divergence) values for 4h, 1d, and 7d are positive, indicating upward momentum. The Bollinger Bands for 4h, 1d, and 7d are above the current price, suggesting that the price is in the lower range, which could indicate a potential upward movement in the future.
The price is currently above the support levels on all timeframes (4h, 1d, and 7d) and below the resistance levels, which means it has room to grow before encountering resistance.
However, it's important to consider that the RSI on the 7d is slightly high at 76.39, indicating that the currency might be overbought in the market and could face a price correction soon.
In conclusion, the STORJ/USDT pair seems to be bullish in the short term with a potential for a price correction due to the high RSI on the 7d timeframe. It's always important to consider other factors and market news before making any investment decisions.
STORJ will grow nearly 1500%It seems that the last correction wave is left from the big D wave. The D wave was a diametric one, and only the g wave remained from this wave. After completing this wave, we can expect storj to enter the big E wave. I specified the support area and targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STORJ-USDT NEW INCREASE LEVELThank you for reading this update. Please remember that this is not advice
Depending on our study we see that STORJ has a good chance of volume increase.
This update depends on the day trading, the price action can increase in the coming time, and the market will show which targets this coin can increase.
* This updates depending on day trade, and it's possible that we can see an increase, and after that a return since it's crypto.
STORJ/USDT Alert: Double Bearish Pattern! Exercise Caution. 🚀🐻📉 **Crypto Insights: Unveiling Storj/USDT's Double Bearish Pattern! 🐻📊**
Attention crypto enthusiasts! 🚨 A potential double bearish pattern has emerged on $STORJ/USDT. 📉 Before diving into the bearish waters, conduct your analysis for confirmation. Remember to implement risk management—set a stop loss at 0.95. Opt for low leverage and minimal risk to navigate this trade securely. 🚀✨ Enjoy this unique analysis with Bitxer, and may your trades be both wise and prosperous! 💹📈 #CryptoAnalysis #TradeWise
STORJ/USDT Short with Bitxer: Crafting Success in Bearish Waters🔥 Bitxer's Free Trading Signal 🔥
Symbol: STORJ/USDT
Position: Short
💰 Wallet Allocation: (30-40%)
🎯 Targets:
1. 0.6732
2. 0.6441
3. 0.5672
4. 0.4917
🛡️ Stoploss: 0.7832
📈 Disclaimer: I am not a financial advisor. This analysis is for informational purposes only. Enjoy these free signals and trade responsibly.
Happy trading and good luck, Bitxer! 🚀📊🤞
STORJ/USDT upward momentum? 👀 🚀 STORJ Today analysis💎 Paradisers, brace yourselves as STORJUSDT showcases intriguing dynamics, operating within a demand zone and hinting at the potential to challenge overhead resistance levels.
💎 A recent observation reveals its successful breakout from a descending channel, setting its course upwards. The initial expectation is for the asset to approach the supply zone at 0.4991. Should it surpass this level, the odds significantly favor a push towards the resistance at 0.6053.
💎 On the flip side, if the asset struggles to maintain its current momentum, there's a likelihood of a bullish resurgence from the .3848 level. However, a breach below this marker might steer the trajectory downwards.
The key is whether it can rise above 0.4878 and receive supportHello traders!
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(STRJUSDT chart)
If it receives support in the 0.4292-0.4878 range and rises, it is expected that a full-fledged upward trend will begin.
(1W chart)
However, a rapid upward trend is expected to begin when the box range of 0.6939-3.1133 is shortened and a new box range is formed.
Therefore, it is expected that the price will rise above 0.4878 and shake up and down, creating a new HA-High indicator.
(1D chart)
If it rises above 0.4878 and becomes supported, the first support and resistance area is expected to be around 0.6571-0.7225.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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STORJ long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the STORJ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STORJ 1H Analysis with Influences from 1D Fibonacci LevelsIn the STORJ 1-hour chart, a clear bearish trend is evident. While the provided technical indicators from the 1H chart mainly signal bearish momentum, the 1D Fibonacci levels could play a pivotal role in potential bounce-backs or resistance areas.
Analysis:
Fibonacci Levels (from 1D):
The current price of STORJ in the 1H chart is approaching the 0.5 level at 0.3669. This could act as a significant support, and if the price respects this level, we could expect some buying pressure here.
Should the price continue its downward momentum, the next major support would be at the 0.618 level (0.3253).
On the upside, the 0.382 level at 0.4084 might act as resistance if the price were to rebound.
Stochastic Oscillator: Given its oversold position, this suggests a potential pullback or temporary reversal might be imminent, which aligns well with the approaching Fibonacci support at 0.3669.
Bollinger Bands and MACD: Both indicators continue to indicate bearishness in the short term.
Most Probable Scenario:
The STORJ price is likely to continue its bearish trend in the short term. However, the 1D Fibonacci level at 0.3669 could act as a strong support. If the price respects this level, we might see a bounce-back or consolidation around it. If it breaks through, the next target would be the 0.618 level at 0.3253. Conversely, if a rebound happens, the 0.382 level at 0.4084 will act as a key resistance.
Conclusion:
While the STORJ 1H chart indicates a bearish momentum, the 1D Fibonacci levels can provide key areas of interest for potential reversals or consolidation. It's essential for traders to monitor these levels closely for any signs of price reversal or continued momentum.
STORJ Double top neckline broken STORJ UPDATE: In my last update about STORJ rising wedge…. STORJ broke it down and headed for the support… As we can see that STORJ broke the 4hrs TF neckline support of the double top that was created and consolidating below it which is preparing for now downside movement to mitigate the strong support at 0.344
Good to take a short entry at CMP tor the follow Targets below 👇
0.3886
0.3689
0.3440
Manage your risk and don’t be greedy
Follow for more market update or chat me up
STORJ mirror candle shortWe can see the mirror structure of candles, this is confirmed by the volume holding the price, which indicates an increase to the previous high and a local rollback down, so we can open a short position at the top. The intersection of the MA 200 and MA 50 lines on the 4H timeframe and 2 touches of the bottom with candles, which hints at further growth ☝️
STORJ is close to dropStorj has been stuck in a resistance zone for a long time.
Now a trend line has been broken and the price hit it in the resistance zone and some new resistance zones that you can see on the chart with the names of mitigation OB and supply.
In my opinion, storj can move towards two announced targets from here.
I specified the invalidation level, closing 1 Daily candles above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You