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Storj / TetherUS PERPETUAL CONTRACT

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STORJUSDT.P trade ideas

✴️ StorJ | Ready To Follow Bitcoin (Name Your Altcoin #44)StorJ is looking great on so many fronts as is the entire cryptocurrency market. Let's dive into another analysis of the Name Your Altcoin series, thanks again for your amazing support. The first signal that is about to develop is the bullish cross between EMA50 and EMA100. This is yet to fully develop but a strong bullish signal. The EMA50 line is crossing upwards, north, on the bull-side the EMA100 line. When you see this happening the market is surely heating up. The RSI super strong, it has been strong starting the first half of January, this is true for Bitcoin and most of the altcoins within the cryptocurrency market. The correction from 9 to 14 Feb ended perfectly at EMA50/EMA100, which coincides perfectly again with the 12-May 2022 low. We expect massive growth above these levels. First target is EMA300 at 0.5870, so easy that we will ignore it and jump right to the next one. 0.618 Fib. extension for 68%, easy as well... Next is a strong one for 250% at 1.4938. Finally, we can see an astonishing 430%+ at 2.2691 but this is on the long-term. I mapped these on the chart for your convenience. Thanks again and see you on the next one. Namaste.
Long
by AlanSantana
3
Long Entry at LT Support and Falling Wedge Breakout for STORJGreetings, Snipers! The crypto market had a lovely rally yesterday, which opened doors for some delicious breakout sniping! My eyes are on STORJ: The price earlier hunted for stops at $0.24 and bounced to complete the falling wedge pattern STORJ has now broken out of a long-term falling wedge STORJ is re-testing a strong long-term support (since 2020) at $0.26 In the past, STORJ has the tendency for quick, strong rebounds In the shorter time frame, we can trade this channel: We can take a long-entry now, at $0.26 - $0.29, and sell at $0.447 for a Risk-Reward ratio around 5x (SL at $0.234). Other resistance levels are marked on the chart. Please be mindful that Bitcoin is testing a strong resistance at $17,500 - $18,000, so manage your risks well as most cryptos move with Bitcoin! Happy Sniping!
Long
by KryptoSnipers
STORJUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for STORJUSDT There is R1 that used to be a support area. S1 used to be a resistance line and S2 is our support line at the bottom of the chart in which the support of price is clear. Hence, we have the price fluctuating below R1 area and we believe it will continue its decline to reach S1 and then by giving us some confirmation candles to rise, an increase for the price is expected there to reach R1. Bear in mind that in case the price is not able to be supported at S1, it will fall below the mentioned line. Please activate your stop-loss areas in order to have less risky trades. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
STORJ pumped 17%. What's next?Hello, dear TradingView members. This is a STORJ idea. STORJ moved 17% up and got rejected by solid resistance, and now it's back to 6%. The Bollinger Bands are getting smaller, and the price has crossed the middle band, which means we can see more current declines. Scenario One: The price will consolidate on the local support for a while and then moves back up for a retest. Scenario Two: The local support level won't hold the price and will fall on lower support levels. RSI is Neutral, and the price has more room to go up or down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
4