Storj
STORJ - Good timing to long with these TP/SLBINANCE:STORJUSDT
12H trend chart
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STORJ jsut met the condition of Vegas on 12H chart (Blue arrow)
And there is a downtrend line keeps resisting price.
So we can take entry here and add position after breaking out the trend line.
Both have good reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 2.1856----Fib(1)
b) 2.4145~2.5071--------Fib(1.272~1.382)
c) 2.7058----Fib(1.618)
d) 3.0273----Fib(2)
Stop losses:
a) 1.6630-----Red horizontal ray
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#STORJ/USDT — Hold it for mid-term. Patience will pay off.ENTRY POINT:
1.75 (2% of your deposit)
ADDITIONAL ENTRY POINTS:
1: 1.5583 (3% of your deposit)
2: 1.2833 (4% of your deposit)
3: 1.0083 (6% of your deposit)
MID-TERM TARGET: 2.0166 📈
After reaching 2.0166, you can set the stop market at 1.9359 and let it run.
LONG-TERM TARGET: 2.3833
LEVERAGE: 3-10x cross
MARKET: Spot or Futures (more risky)
STORJ/USDT TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this STORJ/USDT trade setup. STORJ looks good here. After the breakout, it is currently retesting. Buy some now and add more in dips.
Entry range:- $1.8-$1.86
Target1:- $1.98
Target2:- $2.14
Taregt3:- $2.32
Target4:- $2.50
SL:- $1.66
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
Binance: Storj buy / long H4Binance: Storj buy / long H4
Entry: 2.7
SL: h4 close below 2.5
TP: 3.3
Storj aims to "build a cloud storage infrastructure" on the Ethereum blockchain with end-to-end encryption and multiple service providers.
Each file uploaded to the Storj system will be encrypted and split into multiple parts, which are subsequently stored by multiple storage service providers.
These storage services providers, or Node Operators, are rewarded as they contribute to the overall network capacity by providing unused storage space and bandwidth to the network.
STORJ tokens are ERC-20 tokens and used for paying storage services on the Storj network.
Decentralized Storage for #NFTs and More - $STORJ, $FIL, $XCHHave you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain.
STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs.
Filecoin ($FIL) has yet to make a move but in my opinion that's because they're targeting enterprise and institutional money
Chia ($XCH) is an interesting system that uses Proof-of-Space algorithms to verify transactions, similar to Bitcoin's Proof-of-Work. It's a very obscure project but it could potentially have big upsides once the ecosystem matures since it's a way for miner-types to make a few extra bucks with the HD space that they have sitting around.
Either way, decentralized storage systems being a thing in the future seems like a sure thing at this point. Hedge your bets accordingly. 👍
Decentralized Storage for NFTs and More - STORJ, Filecoin, CHIAHave you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain.
STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs.
Filecoin ($FIL) has yet to make a move but in my opinion that's because they're targeting enterprise and institutional money
Chia ($XCH) is an interesting system that uses Proof-of-Space algorithms to verify transactions, similar to Bitcoin's Proof-of-Work. It's a very obscure project but it could potentially have big upsides once the ecosystem matures since it's a way for miner-types to make a few extra bucks with the HD space that they have sitting around.
Either way, decentralized storage systems being a thing in the future seems like a sure thing at this point. Hedge your bets accordingly. 👍
STORJ Story continues- Ascending traingle
- Bullish structure
- 9EMA curling away from 21EMA
Ascending triangles could break either way as buyers are eager to buy up the token in order to break resistance. However, it is definitely not a given that resistance will break.
Target will be the same height as the pole of the triangle. Which coincides with the daily resistance zone.
Stop loss set just below the 4H support level/
STORJ – quick pump ahead!Hello, everyone!
I found the quick scalping trade on STORJ. As we can see it has very nice consolidation after a huge pump next to the support area and the 0.78 Fibonacci retracement for the last impulse. Moreover the MACD histogram formed the true divergence, when the price made lower lows and the histogram made higher lows with the crossover the zero line to the upside and after that to the downside. This is very strong signal. I am going to take profit next to the supply zone.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.