Storj building a mad moveStorj loves to make a big run, has the look of a coin priming itself for a mega move.
STORJUSDT
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 Technical AnalysisThe price of STORJ is in a downtrend and has been trading within a descending channel since March 2024, with the price consistently making lower highs. This downtrend is defined by a descending channel upper trendline that has acted as resistance multiple times and a lower trendline acted as support. Recently, the price has started to push upward, and this upper boundary of the descending channel is being tested again, suggesting a potential test of the downtrend resistance.
Several key support and resistance levels are visible on the chart. The most immediate resistance lies in the descending channel upper boundary, $0.3937 level, with a resistance zone (Green) at $0.4299 - $0.4420 just above. If the price manages to break through here, it could target higher resistance levels, such as $0.4947 the major resistance zone (Pink) at $0.5830 - $0.6110, and so on, all the levels are marked in the chart. These levels have historically seen strong selling pressure.
On the downside, strong support (Purple) at $0.3420 - $0.3501, where the price recently found support and began its current upward movement. Further support zone (Yellow) at $0.3003 - $0.3099 and the ultimate low at $0.2584, which acted as a base for a previous bounce. If the price fails to break resistance, it could retrace to these lower levels.
Overall, STORJ/USDT is at a critical juncture. A break above the downtrend and key resistance zones would indicate a potential shift in momentum to the upside. However, failure to break these levels could result in a continuation of the downtrend, with price retesting key support zones. The next few days will be crucial in determining the future direction of the pair.
Everything is on the chart
Storj BINANCE:STORJUSDT
"Currently, Storj is showing signs of consolidation. If it holds above the resistance level of 0.5734, we could see it move toward the next resistance levels at 0.6587 and 0.7500. However, if it doesn't hold and drops below 0.4977 or 0.4565, those could act as support levels.
Remember, this isn't financial advice—always do your own research and assess the risks!"
That way, you’re providing useful insights while reminding everyone to be cautious!
STORJUSDT (Storj) Updated till 19-10-24STORJUSDT (Storj) Daily timeframe range. pushing hard from its local low. not far away from its mid 0.8518 resistance. there are not much of holdup if volume dont drops it can continue. recent support at 0.5962.
Storj / Usdt BINANCE:STORJUSDT
🚀 Storj Update! 🚀
Currently, Storj is priced at $0.5995 and has successfully broken through its resistance level, which has now turned into a support area at $0.5734. If the price holds above this support, we could see the next resistance at $0.7000.
However, if the price fails to maintain the current level, the next support zones to watch will be $0.4920 and $0.4400.
As always, remember: this is not financial advice! Stay informed and trade wisely!
STORJ near important levelSTORJ / USDT
Price is very close to the uptrend line (since 4 years)
This level was producing pump every time price touched it in past
Monitoring price action here for potential upside scenario
Best of wishes
#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/USDT Breakout Alert: Ready for a Major Move!Hey everyone!
If you're enjoying this analysis, don’t forget to give it a thumbs up and follow for more!
STORJ is looking strong here! It has just broken out of a descending triangle on the 2-day time frame and is showing great potential for an ATH (All-Time High). This could be the perfect opportunity to buy and accumulate on dips for big gains.
Entry range: CMP and accumulate up to $0.42
Targets: 150% - 200% upside 📈
Stop Loss (SL): $0.33
What do you think of STORJ's current price action? Are you seeing a bullish setup? Share your thoughts and analysis in the comments below!
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 USDT Spot Trade 15% potentialSTORJ/USDT is showing signs of a potential breakout with a 15% pump expected. The current price action is approaching a key resistance level, and if broken with strong volume, it could trigger a short-term rally. Keep an eye on technical indicators like RSI and moving averages for confirmation of the momentum shift. 📈 #STORJ #Crypto #Breakout
STORJUSDTSTORJ ~ 1W
SEED_DONKEYDAN_MARKET_CAP:STORJ Moving in a descending pattern. You can make purchases after successfully breaking through the resistance line of this descending pattern.
STORJ is ready to returnnnnn. Follow me!!!Be sure to keep an eye on STORJ, after the break of its ascending channel and the pullback can have an upward movement as long as its flagpole.
Tank you for subscribe and like me.
Follow me my friend !!!
Short position on STORJUSDT / Trading SetupBINANCE:STORJUSDT
COINBASE:STORJUSD
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
⚡️TP:
0.3906
0.3870
0.3840
0.3805
0.3710
0.36
0.356
0.35
0.3445(In Optimistic Scenario)
➡️SL:
0.429
0.45
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
STORJUSDT(Storj) Daily tf Range Updated till 06-08-24STORJUSDT(Storj) Daily timeframe range. the entire market is having trouble now. it tried to break its local low 0.2905 but retraced back.
close to its recent resistance 0.4303. 0.2905 was a good entry made some profit their. but visiting again their will add more risk.
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 USDTSTORJ Daily Time Frame
Storj is trading in a descending channel for approximately 228 days indicating a downtrend. The price has encountered significant resistance zones, currently trading near a key support zone (Yellow) between $0.3100 and $0.3269.
Observing the candlesticks, there are significant drops followed by consolidation phases. The recent candles show a sharp decline into the support zone (Yellow), suggesting a bearish momentum. This could potentially lead to either a stabilization and sideways movement within the support zone or further decline if the support fails.
If this support holds, there might be potential for a price to bounce back; however, a break below could signal further declines. The resistance zone (Green), positioned at $0.5750-$0.6082 and the next resistance zone (Blue) at$0.9072-$0.9494, are critical levels where the price could face sell-offs.
Traders should be vigilant, considering positions based on the support's reaction and entering a buy if it holds, targeting the nearest resistance zone. Always consider risk management strategies, especially with the current market volatility, and set stop-loss orders to protect against unforeseen price movements
STORJUSDT Is This the Start of a Major Bullish Reversal?Yello, Paradisers! Are you ready to dive into the latest #STORJUSDT analysis? Let's uncover if STORJ is about to make a massive move!
💎#STORJ has successfully broken out of a falling wedge formation, signaling a bullish momentum shift. The price has already retested the support, indicating a high probability of continuing upward towards our first target at the strong resistance area, which also aligns with the Fair Value Gap (FVG) zone.
💎Upon reaching the first target, STORJ may face a hard rejection, leading to a test of the nearby support. A breakout above this strong resistance will be crucial, potentially pushing the price significantly higher as the trend switches back to bullish momentum, aiming for our final target at the Bearish Order Block (OB).
💎If STORJ fails to rebound while testing the support trendline, the price could revisit the strong demand area. This revisit could trigger another significant bullish momentum, possibly leading to a substantial price reversal.
💎STORJ has shown resilience in the strong demand zone, rebounding upward the last time it hit this area. A bounce here upon revisit is crucial. If the bullish invalidation occurs, the highest probability is for the price to continue downward and dip further.
Stay disciplined, stay focused, and let’s navigate these exciting market movements together!
MyCryptoParadise
iFeel the success🌴
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.
STORJUSDT(Storj) Daily tf Range Updated till 28-07-24STORJUSDT(Storj) Daily timeframe range. its trying to have a move here despite decent volume. valid close above LH which give it chance to visit 0.5871. thats possible if the volume keeps up and 0.4025 needs to keep intact.
