STORJ/BTC (Strong 200D MA Dynamic Support)STORJ/BTC
-Bounces off strong at 200D MA dynamic support
-Since it manages to get above the 1500 area
-New Key support is now established at around 1587-1600 range
-This new level of support must hold in the short term
-To potentially continue higher and break the downward resistance line
-I'm expecting a few weeks of consolidation
-If the descending trendline will stand as a strong barrier
-And if you are a breakout trader style
-You want to enter only after the trendline break
-Trade wisely and always follow your Plan
STORJBTC trade ideas
STORJ/BTC (200D MA Support Hold?)STORJ/BTC
-The price is currently testing the key daily Moving Average
-It bounces off a little from the 200D MA but did not show strength
-If the next daily candle is red it will be bad for STORJ
-Most likely the 200MA will break and send the price down to 1400-1300 range
-The 1300 region is where the key strong area located
-And Buyers are only interested in High demand zone
-Because it gives a high probability of a short term reversal
-I don't recommend buying at price market
-Wait for this coin to show my reversal signs/strength in the few days
STORJBTC Opportunity for 42% Potential profitSTORJBTC Looks super bullish at this point
STORJBTC has broken strong large resistance trendline as well as a smaller one as shown on the diagram.
20, 50, 100, 200 EMAs also looks very bullish, with a golden cross in place and 20 & 100 EMAs acting as dynamic supports.
So overall, STORJBTC looks promising.
Entry: Current Price
T1: 2254 sat (22% profit)
T2: 2418 sat (30% profit)
T3: 2635 sat (42% profit)
T4: Moon
Stop Loss: You can place a stop loss below the trendline retested.
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The Sleeping Beast has awaken...STORJ has showing us bullish signs in the latest days, and the potencial is huge.
I am not going to mention targets, but this one has the potencial to go to the Moon....I see an old school chart here.
Placing your position is not easy as there is not much available to sell, as investors are holding.
Good Luck
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
STORJBTC D1: Accumulation 200/300% gains / BUY/HOLD(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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-24/7 uptime so constant updates
STORJBTC D1: Accumulation 200/300% gains / BUY/HOLD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: STORJBTC daily chart review and outlook
::: long-term accumulation in progress
::: bottom is set already most likely
::: recommended strategy: accumulate /BUY/HO>D
::: 200-300% gains possible later this year
::: setup for patient traders only
::: do not expect miracle/overnight gains
::: STORJ getting traction in crypto community
::: recently listed on Kraken
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS
Storj Conquers MA200, Big Swings ChartStorj (STORJBTC) tends to move wildly each time it breaks down or breaks up.
Yesterday, 21st of May, we saw many altcoins printing big green candles, just like STORJBTC which moved above EMA50, EMA100, and MA200 in one single jump.
In one week, we have 55%+ of growth, with potential for so much more.
Trading above MA200 is considered really bullish for the altcoins, based on my experience reading charts... This means that now this pair is open for sudden strong bursts of growth.
Prices can still drop, but we remain bullish as long as prices remain above the last low.
This is not financial advice.
Thanks a lot for your support.
Namaste.
V.I.P member post X1A2Z3 321124Hello,
PRIVATE MEMBERS ONLY
if you recieved acces to this idea, here is call and what I´m expecting to happend in the market in the near future.
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
+ 34% GAIN for STORJ within the next few days?If we take a look at the 4H chart we see a GAIN pattern each two days.
In the past days/week STORJ broke through the KUMO CLOUD and has found a couple supportive ''areas''.
Its only an idea of what STORJ can do in the future. But these positive movements caught my attention.
So I thought I should share it. This is my point of view, what is yours?