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STORJBTC

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
Short
by EQBM
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
Long
by StopLoss123
3
STORJ ForecastSTORJ has done well compared to most of the coins against major sell of weekend. But still it has room for some more downfall. It has strong support on the down side which can keep the price in a certain range and stop it from free fall. It is making a possible Head and shoulder formation as well as an alternative pattern along side. This can be a quick swing trade as well so buying on any of the support levels can be profitable based on the current scenario. Bullish long term but remain cautious of buying above market price.
Long
by shaxrashid
STORJ is coming! Storj may have a fall back before going to its 3rd position. This year is a really great year for cryptos! Will have ups and downs but we should go with the flow. 3rd wave: $5-7 4th wave: may come back to retest the $2.50 range (I've done wrong in my Elliot wave) 'Sorry bout that' 5th wave may go further than $10. Remember to get few percentages of profits before it goes retesting and then as I said, go with the flow. We won't have to handle about emotions if we are trading based on TAs :)
SLong
by jcjosue2627