#STORJ/USDT#STORJ
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.3060.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.3090
First target: 0.3125
Second target: 0.3170
Third target: 0.3231
STORJUSD
#STORJ/USDT#STORJ
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.3630
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3653
First target 0.3786
Second target 0.3915
Third target 0.14043
STORJ buy/long setup (12H)It seems that STORJ is forming a Diametric pattern and is currently at the end of wave D.
Buy/long positions can be considered around the green zone.
The targets are marked on the chart. targets: 0.5995 and 0.6733
The analysis will be invalidated if a daily candle closes below the invalidation level.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
STORJ / USDT Set for a Bullish Breakout! Key Targets in Sight!STORJ/USDT Technical Analysis:
On the 1-hour timeframe, STORJ has confirmed a long trade entry at 0.4484. The bullish momentum is backed by the Risological Dotted Trendline , which signals a strong upward trend. This setup shows potential for a series of target achievements as the price inches closer to critical profit levels.
Trade Summary:
Entry Level: 0.4484
Target Levels:
TP1: 0.4800
TP2: 0.5310
TP3: 0.5820
TP4: 0.6135
Stop Loss: 0.4229
With initial target levels approaching, STORJ’s momentum could bring gains as it heads toward the upper profit marks. Watch for further bullish action!
#STORJ/USDT#STORJ
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.3600
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3940
First target 0.4390
Second target 0.4720
Third target 0.5092
STORJ ANALYSIS (4H)Storj seems to have entered a diametric recently.
We now seem to be in wave F of this diametric.
We are looking for buy/long positions in the green range.
The targets are inserted on the image.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STORJ TO GO 2X FROM HERE!With the recent growth in the price of SEED_DONKEYDAN_MARKET_CAP:STORJ coin, and having bullish environment it could be predicted that price is really handsome for coming days, aiming 0.55 as the first target. And if the bullish momentum continues we will see price surging towards 0.72, 0.99 and 1.11 level in coming weeks.
However always be prepared foe small fluctuations in between.
STORJ analysis (12H)From where we put the red arrow on the chart, STORJ correction has started.
It looks like our pattern is a diametric.
The red area is where we look for sell/short positions.
The target can be the green box.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
STORJ: Resistance and Potential Bearish SignalsThe market sentiment for STORJ is currently showing signs of a potential pullback. Recent technical indicators suggest that while there has been a bullish move, caution is warranted due to potential bearish signals.
Key Factors Influencing STORJ Price
1. Technical Indicators and Their Implications:
The MACD is about to go bearish, indicating a potential shift in momentum from bullish to bearish.
With %K at 53.87 and %D at 62.55, the Stochastic Oscillator suggests a neutral stance but with a slight tendency towards overbought conditions.
The RSI is at 56.44, suggesting that while STORJ is not overbought, it is nearing higher levels, indicating potential for a reversal or consolidation.
2. Price Trends and Resistance Levels:
Found at $0.5289, this is a key level to watch for a potential breakout.
Dynamic Resistance: Provides additional resistance, currently aligned with the upper Bollinger Band at $0.5418.
Found at $0.4437, which could act as a strong support level in case of a pullback.
Lower support level at $0.3455, indicating strong buying interest if prices dip significantly.
Provides a general bullish support trend, suggesting that even if prices dip, there’s strong underlying support.
Potential Market Scenarios
Bullish Scenario:
A break above the local resistance at $0.5289 could lead to further upward movement, potentially targeting the dynamic resistance at $0.5418 and beyond.
Bearish Scenario:
If STORJ fails to break above the local resistance, it could retest the support levels at $0.4437 and $0.3455. A break below $0.4437 could signal further declines, with $0.3455 acting as a stronger support level.
Conclusion and Market Outlook
STORJ is currently positioned with significant support and resistance levels to watch. The MACD showing signs of a bearish crossover and overall market activity suggest caution. Monitoring the key resistance levels and potential pullback points is crucial for making informed trading decisions.
STORJ analysisSTORJ has a bearish structure.
STORJ is constantly creating bearish BOS after its bearish CH
It seems that the drop will continue until the demand range.
We will look for buy/long positions on the specified demand
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
STORJ ANALYSISThe STORJ correction has started from where I entered "start" on the chart.
It appears to be forming a triangle or more complex pattern.
Now it seems to be at the end of wave C.
The long shadow range (which I marked with LSH) is a support.
A reversal is expected from the LSH range to the red box and then move to the lower box.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#STORJ/USDT#STORJ
The price is moving in an upward channel on a 12-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 0.6200.
We have a trend to rise above the Moving Average 100 after breaking it down
The RSI indicator has a downtrend that is expected to be retested
Entry price is 0.6888
The first target is 0.7788
The second target is 0.8669
The third goal is 0.9858
stor je vue update 29jan24Hi folkz!
just a lil update coz local picture has changed (global - not) and I still try to figure out what structore STORJ is showin' us. Honestly - I dunno coz Wave (3) iz ugly.
NEVA DA LEZ
I think that Wave (B) iz complete (BUT we have no Divergence though and it can go up a lil more) and we are ready to dive.
PREPARE TO DIVE!! - do u know that movie (down periscope) - I recommend it to watch :)
SOO... be careful and safe. and loved
Long StorjI like Storj here at .80. Final target will be that BLUE trendline overhead. SL around .69 for a 3-to-1 rrr.
With good volume on the underside and that bullish candle on the daily, I think Storj is in good position to fly. Alts are popping one by one and I think Storj has another turn coming up. The only downside here is that RSI. But lately, it doesn't seem like anything is paying attention to that.
#STORJ/USDT#STORJ
It is moving in a bearish channel on a 1-hour frame, and the price committed to the green support area at the level of 0.7300.
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 0.7538
The first target is 0.7665
The second target is 0.7852
The third goal is 0.8090
Is STORJ getting ready for a pump? +55% profit from the trade.Hello everyone! I suggest considering buying the coin #STORJ.
Currently, the asset is in a global resistance and support zone to which the price is reacting very well.
In the local range, the breakout from this zone is at $0.7749. As seen on the chart recently, after breaking out of this range and consolidating above this level, a strong pump of the asset occurred.
It can be assumed that the situation will repeat itself.
Target - $1.20, +55% profit from the trade.
This is not financial advice, everything you do, you do at your own risk!
STORJ LOOKS BULLISHAccording to iCH and iBOS and the expansion of the Demand area, it seems that Storj can move towards the targets.
In terms of time, a good amount of time has passed since the drop.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You