STORJ Likely to Find Support HereOn the 4 hour time scale you can see that STORJ is very perfectly bouncing off of the support lines that have been established by previous trends. I believe that this is a great buying opportunity at it is 15% off and looks like it's ready to begin recovery and markup in the coming days and weeks. This is not investment advice and please trade at your own risk, only trading what you can literally afford to lose. (That being said, if you HODL top 20 cryptos for a few years it's hard to lose).
STORJBTC
Storj is ready for new ath ?Hello there we are in
1- bullish market
2 - Macd ready
3 - retrace are done
4 - we have broke descending channel
5 - above all important moving average
Targets are mapped in the chart
This will work for
Storj/btc
Storj/usdt
Support : 0.08585
stop : close daily below with strong candle : 0.08585
STORJ - Neutral for now!STORJ is the second hottest coin on Binance right now with more than 9% price change.
Support: As shown on chart
Resistance: After the closure of the first 4H candle you can open your long positions and aim for that TP area I've shown on the chart.
Use this setup to open your positions and please be careful.
Current Market Price: $0.8454
Good Luck
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STORJBTCHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. The price has been able to break its resistance and move upwards. We intend to be able to move towards the targets after the pullback.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
STORJUSDT | Accumulation Before The Massive Growth!Hello, traders!
Today we have a very interesting altcoin - STORJ, which is on the accumulation cycle now. This is usually the sign of the potential huge growth in the future.
STORJUSDT ANALYSIS
The price was in the parabolic stage of an uptrend and now it has a nice correction. Now the price is testing the weekly R1 level. The is a high probability that it can reach the weekly R2 because the MFI shows the bearish hidden divergence (downtrend continuation). The weekly R2 ($1.89) looks like a very strong support. In addition the 50-day ema is going to reach this level and support the price.
STORJBTC ANALYSIS
Here we can see almost the similar situation, but the price have already broken down the weekly R1 and is going to reach the R2 level. Taking in account that STORJUSDT and STORJBTC markets are related with each other we can conclude that there is a high probability that the price will touch the 50-day EMA before the growth continuation.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
STORJ/USDT Technical Analysis Update in LTF#STORJ/USDT TA Update:-
$STORJ currently trading at $2.66 and also trading above support level.
So good time to accumulate here.
Entry:- $2.60-$2.80
Targets:- $3.2/$3.56/$4.0
Stop Loss:- If any 4 hours candle close below $2.5
Support:- $2.5
Resistance:- $3.2/$3.56/$4.0
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#STORJ broke out and is ready to go to $4+. 40% RALLY Expected!STORJ broke out after almost 5 days of accumulation under the ascending triangle.
Looking at the pattern I am expecting an almost 40% rally from here.
The best Entry range is :
$2.97 to $3.3 (Lucky you are if you get the first entry on retest)
Targets :
$3.69
$3.92
$4.18
Stop Loss :- $2.83
If you like my setups do hit the like button and share your views in the comment section.
#PEACE
STORJ: new ATH coming soon! (+23%)STORJ has broken out of its triangle after a period of consolidation and is on its way to a new ATH.
STORJ provides cloud storgae through the blockchain similar to FIL (Filecoin) and has a lot more upside to reach fair valuation and reach the top 100.
The coin is listed on all big exchanges including Coinbase Pro and with its current confirmed breakout I see a lot of traders adding this coin to their portfolio.
Against BTC STORJ is very bullish and can surge up to 20-40%! Target price is between: 4,20 - 4,50$.
TOKEN ECONOMICS:
STORJ Price: $3.41
Storj ROI: 581.5%
Market Cap: $459,740,809
Market Cap Dominance: 0.02%
Circulating Supply: 143,787,438 / 424,999,998
Trading Volume: $872,950,937
Volume / Market Cap: 1.4918
24h Low / 24h High: $2.71 / $3.37
7d Low / 7d High: $1.41 / $3.23
Market Cap Rank: #143
STORJ USDT
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STORJ has shown very clear sign of a bullish pennant. This means potential spike up for a short term trade for the breakout. The time frame, volume on main pole (as highlighted in red circle) followed by light volume building the flag has met pretty good structure to trade on. The upwards pole is to the high of ~140%, which expected to be the same coeff of the expansion of next pole unless there is changes in volume (decreasing).
Otherwise, with alt season coming in April 2021 as the macro perspective, we might see a 10x coin here but thats will be my longer term target for 2 months. Alt coin seems like going to last a lot longer compare to 2017. It is just the beginning.
This is my journal, not financial advise.
STORJ BTC explaination of my previous analysis and resistances Hello everyone on my update of STORJ BTC analysis.
After my last analysis of this pair I have received a lot of PM that my analysis didn't work out. As i don't want to explain this to each one of PM I decided that I will write it here so that everyone can educate themselves.
1. Yes price went over my resistance but no one mentioned that price at end of the day closed below the levels that I pointed out and as a matter of facts this mean that resistance worked out ! there was a test of breaking this resistance but was unsuccessful and that matters. I know that this breakout was huge but it was driven by momentum and hype, normally breakout of this kind of strong resistances don't have that big moves but anomalies happen.
2. Why it is important to keep in mind resistances? Because often price does a bigger correction at certain points, nothing goes UP forever.
3. Why is it important to take some profits at resistance levels? Because you have to keep in mind that some resistances might work as trend reversals and you may never get the same price or you will have to wait for a long time.
I hope this 3 information will clarify my previous analysis.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."