STORJUSDT
STORJUSDT D1: +300% GAINS BEST Level to BUY/HOLD BULLS TP (SL/TPWhy get subbed to to me on Tradingview?
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STORJUSDT D1: +300% GAINS BEST Level to BUY/HOLD BULLS TP (SL/TP/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.
read entire idea before executing the trade.
🔸 Summary and potential trade setup
::: STORJUSDT one day/candle chart review/outlook
::: updated/revised outlook
::: CORRECTION MODE next 4-8 weeks
::: expecting pullback/correction
::: A/B/C/D swing before
::: we get new re-accumulation sequence
::: same sequence in Q4 2020 / Q1 2021
::: THIS IS NORMAL pullback / re-accumulate
::: before new PUMP
::: Expecting correction to complete
::: in June/July 2021
::: recommended strategy: BUY/HOLD 1.25-1.50 USD
::: TP1 BULLS is +150% gains TP2 BULLS +300% gains
::: BUY/HOLD setup do not expect fast gains
::: BUY/HOLD / do not expect miracle gains
::: expecting recovery after we hit 1.25-1.50USD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/+300% gains
::: Sentiment outlook short-term: BEARS
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
STORJ About to explode! Here's a quick look at STORJ 4 hr chart. As we can see, the price has been in a falling channel for some time now, and we might see a bigger move soon! The volume is very low and the price is very close to a breakout! Keep an eye on this!
The idea is: Buy the breakout from the falling channel and Take profits at the levels shown in the chart.
Targets:
1. 2.63$
2. 3$
3. 3.74$
Note: Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
STORJUSDT STORJUSDT (1H CHART) Technical Analysis Update
STORJ/USDT currently trading at $1.81
Buy-level: $1.71- $1.84
Stop loss: Below $1.58
Target 1: $2.00
Target 2: $2.13
Target 3: $2.43
Target 4: $2.56
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Opportunity to buy stepThere are good shopping opportunities that you can do step by step
You can do the first step at $1.87 and the next step if the blue line is reached, the targets are the green line.
Please enter proper management and low volume and be careful
Do not forget to like and follow to see more analysis
Possible break out of the Pennant Bullish FlagHi,
I hope this be the path of this coin to heat the pennant target, which also is 1.618 of Fibo extension of the latest bullish wave. You can find my suggestion on the chart. I am doing a step by step entries to the position. 2.43, 2.35,2.3 and 2.22. I would take my first entries out of position if the latest entry target got heated.
Regards,
M
There may be something in stor-j for us Possible targets for storj if we breakout meaning if we get enough buyers for this beast
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.
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