STORJ - Good timing to long with these TP/SLBINANCE:STORJUSDT
12H trend chart
-
STORJ jsut met the condition of Vegas on 12H chart (Blue arrow)
And there is a downtrend line keeps resisting price.
So we can take entry here and add position after breaking out the trend line.
Both have good reward/risk ratio and trading strategy as below.
-
Profit Targets:
a) 2.1856----Fib(1)
b) 2.4145~2.5071--------Fib(1.272~1.382)
c) 2.7058----Fib(1.618)
d) 3.0273----Fib(2)
Stop losses:
a) 1.6630-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
