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Storjcoin

📤 STORJ breakout rejected? approaching key levelThe new daily candle appeared 5 hours ago at the time I'm posting this so don't get fooled by the wick, but it looks like the breakout was rejected and the price is heading towards the key level to test it as support. Entry: buy between key level (1.25) and lower trendline of the formation -- or buy after successful breakout if the price gets rejected from 1.76 and pulls back Long-term targets: TP1: 1.76 TP2: 2.02 TP3: 2.59 TP4: 2.73 TP5: 3.76 (~200%) TP6: OPEN++ ------------------------------- About STORJ: Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption. In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform. Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018. People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens. Source: coinmarketcap
Long
by V0VOLAN
2
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).
Long
by iHeartData
STORJUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
STORJ (Storj) Tokens Analysis 29/03/2021Fundamentals: Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption. In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform. Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018. People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens As a decentralized cloud storage network, Storj is unique in more ways than one. For one, unlike traditional cloud storage solutions that store data in huge data centers, Storj runs on a network of thousands of independent computers. Anyone with a few extra terabytes of space can become a node on the platform by installing Tardigrade. All that is required is a strong and consistent internet connection. The efficiency of the network means that hosts pay far less for the storage of their data than when employing Storj was founded by Shawn Wilkinson in May 2014. Wilkinson was a software developer based in Atlanta. He saw how blockchain technology could be leveraged to build a decentralized cloud storage network. Together with his co-founder, John Quinn, the first white paper was published late 2014. Since then, the concept and details have changed. The current version of Storj, V3, was launched in the middle of 2019. In addition to being a blockchain enthusiast, Quinn had extensive background in business development. Prior to founding his own projects (including Storj) he had been involved in the investment banking industry. The concept was finally incorporated as a company — Storj Labs Inc. in May 2015. At the company’s inception, Wilkinson served as CEO. Later, he stepped down for a more experienced hand to take the wheel, with Ben Golub currently serving as CEO. Wilkinson is now the chief strategy officer (CSO), while Quinn serves as the chief revenue officer (CSO) as well as a member of the company’s board. The platform was able to raise 910 bitcoin worth about $460,000 in 2014 in a public crowd-sale. They raised $3 million in a seed funding round three years later and then held a token sale, generating an additional $30 million that same year. Technical Analysis: the Price has touched the extension level 161.8% Fibonacci Projection and currently had retraced to the parallels leg of the same fib which the good sign of trend continuation to the 261.8% there are total of 3 Targets which is the 161.8% fib Projection and the Past ATH and the other is the 261.8%, 361.8% with some price correction in between
Long
by BitonGroup
11
STORJ 1D Global analysis, support and resistance levelsIn the digest Weekly section: Bitcoin weekend №13 , the most "+" collected analysis of the pair Storjusdt Storj is a coin that hyped and participated in pumps before it process became mainstream in 2017. At the beginning of 2018, an absolute maximum of $3.13 was recorded And yesterday this maximum was updated to the level of $3.83 and even at super large volumes. However, at the moment, on daily candles, it looks like a false breakout. In principle, over the past month, the price of the Storjusd pair has grown quite well, and from a technical point of view and analysis, a correction begins to suggest itself. The correction to $2 or even to $1.40 would be very tasty to re-buy long. Please write in the comments why , in terms of news and fundamentals, Storj should continue to grow? _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
30
STORJUSDT Strong BuyHello Traders! Below is the default MACD setting. you can see there is a big difference between macd lines and graph. Graph has already crossed the previous high but the MACD is very far from the top. In this case macd will not give a cross before breaking the MACD's previous high and now we gonna see some big bullish candles. Hit the like button for the trades and follow to stay connect. Enjoy the trades and be patient as this chart is in the D1 timeframe.
Long
by Aadil1000x
13
STORJUSDT: Possible Long (18.11.2020)On D1, the price has broken the downtrend line and reached the resistance at $ 0.4. On H4, the price has formed an upward impulse pattern, which may turn out to be part of a large zigzag pattern. At the current moment, the price is decreasing in the expected correction for the local upward impulse. RSI is slowly declining towards the oversold level. We recommend buying STORJ from the $ 0.3 level, as well as when the RSI reaches the oversold level on H4. The target level for profit-taking is $ 0.55.
Long
by QubitLife
Bullish signs but pull back expected at THESE levelsThe current situation: 1. Price action previously broke out of the falling wedge pattern with a measured target of about 0.77 USD. Currently, it is apparently ranging in a symmetrical triangle pattern between the breakout point and the measured target while being above all moving averages on major timeframes, which is a bullish signal. 2. Possible bearish divergence can occur on the 4 and 6HR chart when price action reaches or beats the last high within the symmetrical triangle at about 0.52 USD without making a higher high on the RSI, which can signal a pullback. Possible bearish divergence can also occur on all major timeframes if price action reaches or beats the last high from the falling wedge at about 0.745 USD without making a higher high on the RSI, which can also signal a pullback. *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
BINANCE:STORJUSDLong
by CryptoRush_
STORJ.USDT (Y20.P4.E2).Macro.Looking for an entry.Hi All, Keeping this short as its only the planning phase: Storj did a nice reversal which was a beautiful clear setup which I missed out on, did not review the chart (bottom pattern was a reversal especially at the right fib level.) Chart below. With a strong bounce with 4 impulses, one would think this is the top on this impulse so I'm looking for a pullback before taking the trade, as its likely to continue the uptrend in the micro level. As the chart suggests, we can possibly have an inverted Head and Shoulder formation in the making. Storj can still go higher so don't fomo in, look for that pullback. On the daily chart, phoeix showing downward pressure with a current undecided candle. After 1 day, the next candle will give us the clue. Observe the bottom formation: ================================================================ Please give me a like or tick for this post, Regards, S.SAri. (ref. D.charts) The other possibility, which I find more unlikely is a flat neckline for the inverse H & S PREVIOUS POST was with BTC pairing ================================================================
by ssari
4
STORJ hitting pennant support,forming shark upto 1253% profitThe priceline is moving within a pennant and hitting the pennant's support after Sep 2018. Here the price action is also hitting at pivot 1st support. In the meanwhile the price action is forming a bearish shark pattern and entered in potential reversal zone. Sooner or later the price action can take bullish divergence from here at any time insha Allah. But this is 2 month chart so this trade will need patience. The targets are: Buy between: 0.00002105 to 0.00000001 (But the price action is already hitting the pennant's support so it won't be possible for priceline to drop more) Secure sell target zone: 0.00008014 to 0.00016758 Aggrssive sell target zone (Upto the completion of shark's leg): 0.00019669 to 0.00024212 Regards, Atif Akbar (moon333)
Long
by moon333