#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
STORJUSDT
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 - Breakout -> Retrace -> Enter -> Pump -> Profits 🫰#STORJ/USDT Analysis
Description
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+ As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level.
+ Consequently, the price retreated to its support zone and is currently attempting to rebound from this support.
+ I anticipate the continuation of the reversal, with a potential break above the previously rejected resistance and advancement towards the next resistance level.
+ The placement of our stop loss is further than usual to mitigate the risk of any false wicks.
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VectorAlgo Trade Details
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Entry Price: 0.7159
Stop Loss: 0.6484
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Targets 1: 0.7348
Targets 2: 0.7513
Targets 3: 0.7894
Targets 4: 0.8448
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Timeframe: 4H
Trade Type: Long Trade
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
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
STORJ/USDT Keep an eye on the Cup and Handle. Breakout or Fail ?💎 STORJ has recently displayed notable market dynamics, currently in the process of moving upwards toward the resistance trendline of the Cup and Handle pattern.
💎 This pattern typically indicates a reversal to bullish movement, and if STORJ successfully breaks out above the pattern, Probability we may witness a significant upward movement toward our target area.
💎 However, if STORJ fails to break out and experiences a strong rejection at the resistance trendline, there is potential for the price to retreat downwards towards the support level, which was previously a key resistance zone.
💎 At the support level, it is crucial for STORJ to bounce, as this area represents the last line of defense for the bullish trend. A failure to bounce at this level could signal a shift in market sentiment towards bearishness, potentially leading to further downward movement.
STORJUSDT Pursuit of a 136% SurgeSTORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure.
The subsequent solid price surge propelled STORJUSDT to new heights, only to gracefully correct and find support near the once-elusive $0.5 mark. What was a supply zone has now metamorphosed into a demand area, accentuated by a bounce off the simple uptrend trendline, effectively validating the prevailing uptrend.
With confidence, we can assert a high probability that STORJ is likely to continue moving north. A noteworthy expectation is the formation of a double top near the $1.2 resistance zone, aligning harmoniously with the 38.2% Fibonacci retracement levels. When/if this milestone is reached, investors and bullish traders stand to reap the rewards—a substantial 136% gain.
STORJ/USDT resilience and strategic positioning offer a compelling narrative, making the $1.2 resistance zone a focal point of potential profit in the journey ahead.
CKBUSDT IDEAUPDATE
Ckb has Breaking Descending Triangle in Weekly TF.
Successful Breakout can lead 85-90% Bullish move !!!
COIN DETAILS
The live price of Nervos Network is $ 0.004111 per (CKB / USD) with a current market cap of $ 178.57M USD. 24-hour trading volume is $ 71.02M USD. CKB to USD price is updated in real-time. Nervos Network is +24.78% in the last 24 hours with a circulating supply of 43.44B. CKB Price History USD.
Stor je vue UPDATE 22jan24WELL boiz, its time to update.
look at the chart, raise your eyebrows, wrinkle your forehead, puff out your cheeks, blink hard and repeat 10 times. The facial exercises are over.
NOW
realize the idea: Wave A is finished and will look like a plane. divergence is needed to go up into the final correction B before falling into the wave C. the reversal zone is marked with mustard, 2 strokes
stay safe and loved ;)
STORJ is giving another chance to ride the 2nd wave UP!STORJ surprised every one with a sudden pump to 0.60 with volume surging 2455%. That parabolic move -- as usual warranted a much needed correction to 78.6 FIB LEVEL at 0.35 price range.
It is now bouncing off this 78.6 fib level with precision -- with price being attractive again.
This newly created higher-low price range is a good base level for a new ascend.
Currently sitting at a major order block support, this level is a good area to seed for the 2nd wave up. I'm anticipating initial accumulation at the current price range.
Expect some significant price bounce from here on.
Spotted at 0.350
RR ratio on this one is too attractive factoring the weight of the correction.
TAYOR.
Safeguard capital always.
STORJ lond idea hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
STORJ will have another bullish jumpThe structure is still bullish, we only had one bearish CH which indicated that we might reach the important OBs below. The price movement has slowed down and the presence of buyers can be felt a little
storj is approaching a strong support area. We are looking for buy/long positions in the green area.
We marked the targets on the picture
.The stop should be placed somewhere under the green box.
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
StorjStorj, pronounced as “storage,” is an open-source cloud storage platform in which people with hard drive space and good internet connectivity can participate in the network to become a node in the network, and be rewarded by Storj tokens. Anyway, STORJ chart is a little stochastic and noisy, but there are clear upward and downward trends. After storj broke the major downtrend line, it started oscillating in an inverted wedge pattern. Now it seems storj has started an upward impulse wave and trying to break this inverted wedge. Let's see what happens.
STORJ ANALYSIS🔮#STORJ Analysis : Pattern Formation 💰💰
📈📈 #STORJ is making perfect rounding bottom pattern and also there is a breakout of neckline. We can see a good pump in #STORJ. If #STORJ sustains this breakout then we will see a bullish move and can reach our first resistance easily🚀🚀
📊 Current Price: $0.9419
⏳ Target Price: $1.5000
⁉️ What to do?
- We can trade according to the chart and make some profits in #STORJ. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#STORJ #Cryptocurrency #Pump #DYOR #Breakout
Trade Alerts - Sold 50% Arb - Long StorjJust as I wished for yesterday, Santa came through and freed up a little extra cash for me by pumping ARB today. I was able to step 50% of my original entry out for around %18 gain. I have moved that SL up to $1.05 and will let the rest ride to final target or stop out. Either way, I will be all well in the profit on that trade.
Entry for Storj was .715 cents.
Targets are .98 and 1.37
SL is .585 with a rrr of 5/1!
Not fin advice.
STORJ/USDT Process to retesting phase on the the support area.💎 STORJ has been capturing significant attention in the market It is currently in a retesting phase at what used to be a resistance level, now serving as support.
💎 There is a Probability that if STORJ successfully breaks out of the supply area early, before fully entering the retesting phase, it might continue its upward journey without needing to retest at the support level.
💎 The retesting phase will be considered valid if STORJ manages a bounce from the support area and resumes its upward movement. Should this occur, there's a high chance that STORJ could reach our target in the strong resistance zone.
💎 However, if STORJ fails to rebound from the support area and instead breaks below it, the next critical level to watch would be the demand area.
💎 In the demand zone, a robust recovery is crucial for STORJ. It's necessary for STORJ to demonstrate a strong bounce to either reclaim the lost support or achieve a breakout of the resistance to continue its upward trajectory. If STORJ fails to show a positive response in this area and breaks down further, it could signal a shift back to a bearish trend. This would potentially lead to further downward movement towards a more significant support area.
Will Santa Deliver Storj Gainz for Christmas?On my wish list for Santa is a little extra cash here for Storj before it takes off! Look at this pattern I've spotted.
Bull Flag. Touch on RSI trendline. Explode! 2.5x Gainz to the top.
Bull Flag. Touch on RSI trendline. Explode! 2.7x Gainz to the top.
Bull Flag. Touch on RSI trendline ...Explode? 3x Gainz this time?
If the pattern repeats, we're looking at 3x gainz to the top at $2.17 which is also a level of resistance I have had drawn on the chart btw.
This would be a longer-term swing trade (like weeks/months). And to hold to the final target would be rather risky without tightening stops that could easily take you out before then. So, if you are not into that, ignore this opportunity.
As soon as I free up some cash from any of my other trades, I'm in.
Best,
Stewdamus
STORJUSDT.4HBased on the given market data, the STORJ/USDT pair is currently in a bullish trend, as indicated by the RSI (Relative Strength Index) values for 4h, 1d, and 7d which are above 50. This suggests that the currency is being heavily bought in the market.
The MACD (Moving Average Convergence Divergence) values for 4h, 1d, and 7d are positive, indicating upward momentum. The Bollinger Bands for 4h, 1d, and 7d are above the current price, suggesting that the price is in the lower range, which could indicate a potential upward movement in the future.
The price is currently above the support levels on all timeframes (4h, 1d, and 7d) and below the resistance levels, which means it has room to grow before encountering resistance.
However, it's important to consider that the RSI on the 7d is slightly high at 76.39, indicating that the currency might be overbought in the market and could face a price correction soon.
In conclusion, the STORJ/USDT pair seems to be bullish in the short term with a potential for a price correction due to the high RSI on the 7d timeframe. It's always important to consider other factors and market news before making any investment decisions.