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.
Storjusdtanaliz
[ALTCOIN]STORJUSDT TREND LINE ANALYSISHello, everyone
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Chart Analysis Content -
It broke through the downward trend of the red thick upward trend, which has always been observed.
And it's hitting the downward trend that it's created and now it's going up Check the bottom again and climb on the red thick upward trend.
The angle of the candle's rise was always outspoken.
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STORJ/USDT is making the ascending triangle pattern.
Entry: CMP and more add above $1.06
Targets: $1.1 - $1.165 - $1.224 - $1.3
LEVERAGE: 5X TO 10X
Stop Loss: $1.03
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