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STORJUSDT

Analyzing STORJ: Spotting Prominent Levels and Planning BreakoutIn this analysis, we will delve into the price action of the cryptocurrency Storj (STORJ) utilizing 1-hour and 5-minute time frame charts. On the 1-hour chart, we've identified several notable levels, with a specific focus on the level 0.4077. This level was chosen due to its significance, having been tested twice, making it a key point for analysis. We plan to enter a position upon a downside breakout of the 0.4070 level as it approaches. It's essential to note that the approach to this level should be gradual, and it's preferable to observe trading activity in this area before making a trading decision. A similar approach is applied on the 5-minute chart, where the mentioned levels are also visible. Analyzing on a shorter time frame provides additional clarity for more precise trade planning.
Short
by Anikeev_Pavel
STORJ/USDT Ready for Potential Correction? STORJ Analysis Today💎Paradisers, focus on STORJUSDT! It's currently moving within an ascending channel, hinting at a possible correction due to the overhead supply zone. 💎In recent times, Storj has been consistently following this ascending trajectory. However, a correction seems imminent. It's worth noting that STORJ will firmly anchor to a significant support level at 0.4282. 💎Below this, there's a clear demand zone accompanied by a Bullish OB. If STORJ dips below the support, it's likely to approach the demand zone highlighted on the chart. 💎Sharpen your trading strategies for STORJ with ParadiseFamilyVIP. Delve into our expert analyses on Storj and other potential tokens, streamlining your crypto journey.
Short
by MyCryptoParadise_Simon
STORJ/USDT Crucial Zone, Break the strong resistance or Down ??💎 STORJ has certainly caught our attention. Despite its repeated attempts to breach the formidable resistance zone, STORJ has often faced setbacks, plunging sharply. However, the current chart formation appears promising, with a bullish trend evident on the hourly timeframe. This suggests that STORJ might soon overcome this persistent resistance. 💎 Yet, if STORJ faces another rejection upon encountering the robust resistance, it might retreat to its local support to gather momentum for another upward push. It's crucial for STORJ to rebound swiftly from this support. 💎 Prolonged sideways movement at this level might sap its momentum, risking a dip below the support. Should this occur, STORJ could gravitate towards the demand zone between $0.315 and $0.336, a region with substantial strength to support the asset. 💎 However, if even this demand zone fails to hold back the sellers, STORJ might plummet to a more robust support level or even further.
by MyCryptoParadise_Nathan
5
STORJUSDT idea, A resurgence at the end of the marketHi traders.... "A resurgence at the end of the market" means that the market is experiencing a renewed period of growth or activity, towards the end of the trading day. This can be caused by a number of factors, such as: The release of positive economic data Major news events that are seen as being bullish for the market Short covering, where traders who have bet on the market falling are forced to buy back shares to close out their positions A resurgence at the end of the market can be a good opportunity for traders to make profits, but it is important to be aware of the risks. For example, if the market is experiencing a short-term spike in prices, there is a chance that the rally will fade quickly. Here are some tips for trading during a resurgence at the end of the market: 1.Be prepared :Have a plan in place for how you will trade if the market starts to move higher. This includes identifying the assets you want to trade and the entry and exit points for your trades. 2.Be disciplined: Don't let emotions get the best of you. Stick to your trading plan and don't chase the market. 3.Use risk management: Don't risk more money on any one trade than you can afford to lose. If you are not sure whether or not to trade during a resurgence at the end of the market, it is always best to err on the side of caution and wait until the next trading day. ⚠️ Please note: This is just my personal opinion on the market, based on published information and historical data. Some of these opinions are based on my real trades, but others are not. I am not a financial advisor, and I am not responsible for your trading decisions. ✅ If you have any questions or suggestions, please feel free to ask. I am also happy to review and analyze any currency pair or index that you are interested in.
Long
by Arash-RK
Will STORJ remain bullish?STORJ has been bullish for several days. It has hit an important node, which is the origin of the downward movement. It has a high chance of downward rejection. I am looking for SELL/SHORT positions in the lower red box. A daily candle close above 0.4444 will violate this 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
by behdark
The key is whether it can be supported above 0.3799Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (STORJUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 0.4292. (1W chart) The key is whether it can receive support around 0.3457 and rise. When rising 1st: 0.4420 2nd: 0.8409 We need to check whether we can receive support around the first and second rounds above and continue the upward trend. (1D chart) The 0.3799 point is an important volume profile section. Therefore, the key is whether the price can be maintained by rising above 0.3799. To do this, we need to make sure that the price can be maintained above the HA-High indicator. Currently, the HA-High indicator is formed at 0.3301 and is showing signs of forming at 0.3382. Accordingly, it is necessary to maintain the price around 0.3301-0.3382 or higher and then check if it rises above 0.3799. Since there are no strong support or resistance points above 0.3799, caution is required as rapid movements can occur in an instant. If you respond by selling in short installments, you are expected to get good results. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
Storj price pumping. What next ?Over the past two weeks, the price of STORJUSDT has increased by +180%. Why they decided to pump this particular coin is a mystery to us, it's just an old, unremarkable project. But if you know something more, please write about it in the comments. But there is one regularity: a year ago, in mid-June, there was a similar STORJ pump, followed by a long price drop with a new low. We believe that this year's STORJ price will not update its low more. However, the chance to participate in the pumping and make money on it has already been missed, as the price has been pushed too high without a thorough good correction. The probability that STORJUSDT may face a protracted and exhausting correction with a final target of $0.275-0.32 is quite high, this is -40%. And then everyone decides for themselves what to do with the information we have shared) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14
STORJUSDTHello friends. I hope you all made a profit from this scary Bitcoin candle. In this post, we will review the BINANCE:STORJUSDT . The conditions of this currency are as follows: We had a big sharp move that led to a 185% increase in price. But since then, the price has been falling without a retracement to this day. This is a sensitive and important point for this currency. Why? Because in this range we have a strong weekly support area with high density, and this point is also the location of the 0.786 Fibonacci line, which can really be a good support. I myself bought at 0.295 and consider the Fibonacci upper lines as my target. Good luck and profit! ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Long
by Madoir
STORJUSDTHello Crypto Lovers, This is a 1D frame analysis for STORJUSDT After breaking the white resistance line, the price was able to experience a good rise. Currently, the price is in a resistance area and a supply area, and there is a possibility of price correction to our first support area and then bouncing back to its own breakdown point. If the daily candle cannot establish above the resistance line, the possibility of price correction towards our support line will be stronger. However, if it can establish above the resistance line, it can touch higher numbers. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
4