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Storjcoin

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 Next Move Coming ? looks Great ! quick 50%StorJ touched high of 0.00023108 not a while ago and seems to backed out to the 0.00016500-0.00017500 to find support with 24 hours low of 0.00016361 seems to be in bullish channel ! Buy In : 0.00016500 - 0.00017500 Sell : for the ones that like to hold longer around 0.00032250 (about 50%) and for short term 0.00021450 - 0.00023000 (20%-35%) i dont like to use stop loss but if you have to i will go for 0.00013500 Good Luck Remember Patience is the KEY !
Long
by adar_e
3
[TRADE IDEA - FORECAST] STORJBTCIt's a brand new coin and there's not much intel so we can make a better-educated guess so let's see what we have. First, let's keep with the basics: Look at this last rally up, we all know: everything that goes up too fast tends to readjust, so waiting could be your friend to avoid a massive dump. Second it's very close to the "oldest" resistance level which is reinforced by the fibonacci level at 0.000108, so the downside is huge. Even though the volume is increasing, this is expected in such a new coin, so I would not count this as such a positive indicator. The rest of indicators show a very overbought position plus sellers are passing buyers, so it's very likely to a readjustment. A safe approach would be waiting a couple hours and see if it will readjust close to the up trend support(green arrow) so a good buy level with a smaller down side would be around: .000095-.0001 and watch close to the .000108 resistance level. Or in case of breakout which is possible despite the indicators(it's a "new coin" so usually TA is not very reliable in this case) a safe abroach would be buying above the highest candle that closes COMPLETELY above the .000108 resistance level. I like to measure with 1h candles to be safe, you can use smaller time frames if you feel comfortable - the longer the safer. In case of breakout sell target would be around: .00014, if it fails to get there get out quickly profitable, better a small smile than a big tear. Good trading,
by spectertrading
3
$storj - Storj Support Buy In OpportunityStorj, Sia, MaidSafe and Filecoin are all built with a native storage marketplace where users and hosts can buy and sell storage space. I believe Storj's partnership with FileZilla is huge, and such a strong and bold partnership this early I feel like Storj is being slept on. Not only that but we have already called support trades on Storj before yielding 25-50%+. I think the core thing Storj has going for them is being ahead for the most part, constant updates to their platform and a growing community. Storj still has several exchanges it could hit that would grow the coin even more and I think this coin has a bright future. If we manage to hit the previous all-time high from this area it's a 6X Return on your investment, selling on the way up will obviously also give us strong returns. We can look at the fibonacci lines as potential retracement zones, or momentum breaks on the way up to this 6x. If we break the current support, I would accumulate more Storj on the second support line drawn beneath it as well
Long
by mumbojam