STORJUSDT
STORJ/USDT Short with Bitxer: Crafting Success in Bearish Waters🔥 Bitxer's Free Trading Signal 🔥
Symbol: STORJ/USDT
Position: Short
💰 Wallet Allocation: (30-40%)
🎯 Targets:
1. 0.6732
2. 0.6441
3. 0.5672
4. 0.4917
🛡️ Stoploss: 0.7832
📈 Disclaimer: I am not a financial advisor. This analysis is for informational purposes only. Enjoy these free signals and trade responsibly.
Happy trading and good luck, Bitxer! 🚀📊🤞
STORJ/USDT upward momentum? 👀 🚀 STORJ Today analysis💎 Paradisers, brace yourselves as STORJUSDT showcases intriguing dynamics, operating within a demand zone and hinting at the potential to challenge overhead resistance levels.
💎 A recent observation reveals its successful breakout from a descending channel, setting its course upwards. The initial expectation is for the asset to approach the supply zone at 0.4991. Should it surpass this level, the odds significantly favor a push towards the resistance at 0.6053.
💎 On the flip side, if the asset struggles to maintain its current momentum, there's a likelihood of a bullish resurgence from the .3848 level. However, a breach below this marker might steer the trajectory downwards.
#STORJ/USDT 12h (ByBit) Small rising wedge near breakdownStorj is about to print an evening star, could lead to a leg down to 200MA support.
⚡️⚡️ #STORJ/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.8X)
Amount: 5.0%
Current Price:
0.4425
Entry Targets:
1) 0.4455
Take-Profit Targets:
1) 0.3515
Stop Targets:
1) 0.4925
Published By: @Zblaba
$STORJ BYBIT:STORJUSDT.P #Storage storj.io
Risk/Reward= 1:2.0
Expected Profit= +80.2%
Possible Loss= -40.1%
Estimated Gaintime= 1-2 weeks
The key is whether it can rise above 0.4878 and receive supportHello traders!
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(STRJUSDT chart)
If it receives support in the 0.4292-0.4878 range and rises, it is expected that a full-fledged upward trend will begin.
(1W chart)
However, a rapid upward trend is expected to begin when the box range of 0.6939-3.1133 is shortened and a new box range is formed.
Therefore, it is expected that the price will rise above 0.4878 and shake up and down, creating a new HA-High indicator.
(1D chart)
If it rises above 0.4878 and becomes supported, the first support and resistance area is expected to be around 0.6571-0.7225.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** 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.
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STORJ long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the STORJ symbol.
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 1H Analysis with Influences from 1D Fibonacci LevelsIn the STORJ 1-hour chart, a clear bearish trend is evident. While the provided technical indicators from the 1H chart mainly signal bearish momentum, the 1D Fibonacci levels could play a pivotal role in potential bounce-backs or resistance areas.
Analysis:
Fibonacci Levels (from 1D):
The current price of STORJ in the 1H chart is approaching the 0.5 level at 0.3669. This could act as a significant support, and if the price respects this level, we could expect some buying pressure here.
Should the price continue its downward momentum, the next major support would be at the 0.618 level (0.3253).
On the upside, the 0.382 level at 0.4084 might act as resistance if the price were to rebound.
Stochastic Oscillator: Given its oversold position, this suggests a potential pullback or temporary reversal might be imminent, which aligns well with the approaching Fibonacci support at 0.3669.
Bollinger Bands and MACD: Both indicators continue to indicate bearishness in the short term.
Most Probable Scenario:
The STORJ price is likely to continue its bearish trend in the short term. However, the 1D Fibonacci level at 0.3669 could act as a strong support. If the price respects this level, we might see a bounce-back or consolidation around it. If it breaks through, the next target would be the 0.618 level at 0.3253. Conversely, if a rebound happens, the 0.382 level at 0.4084 will act as a key resistance.
Conclusion:
While the STORJ 1H chart indicates a bearish momentum, the 1D Fibonacci levels can provide key areas of interest for potential reversals or consolidation. It's essential for traders to monitor these levels closely for any signs of price reversal or continued momentum.
STORJ Double top neckline broken STORJ UPDATE: In my last update about STORJ rising wedge…. STORJ broke it down and headed for the support… As we can see that STORJ broke the 4hrs TF neckline support of the double top that was created and consolidating below it which is preparing for now downside movement to mitigate the strong support at 0.344
Good to take a short entry at CMP tor the follow Targets below 👇
0.3886
0.3689
0.3440
Manage your risk and don’t be greedy
Follow for more market update or chat me up
STORJ is close to dropStorj has been stuck in a resistance zone for a long time.
Now a trend line has been broken and the price hit it in the resistance zone and some new resistance zones that you can see on the chart with the names of mitigation OB and supply.
In my opinion, storj can move towards two announced targets from here.
I specified the invalidation level, closing 1 Daily candles above this 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
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.
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.
STORJUSDT STORJ LONG OPPORTUNITY OCT 08Signal: Yellow -> Lime
Context: Green * n
Structure Break out
Assumption: BTCUSDT holds 27100
Risk-Reward: 2
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
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.
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.
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
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.
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** 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.
---------------------------------
STORJUSDTThis is a 1D frame analysis for STORJUSDT After bouncing off the long-term support zone, the price is currently being supported and is moving towards the first resistance line. We can see from the weekly timeframe that a strong Marabuzo candle was formed last week, which we can take into consideration that the next candles could be an upward price move to the first resistance zone with potential for growth.