STORJ: new ATH coming soon! (+23%)STORJ has broken out of its triangle after a period of consolidation and is on its way to a new ATH.
STORJ provides cloud storgae through the blockchain similar to FIL (Filecoin) and has a lot more upside to reach fair valuation and reach the top 100.
The coin is listed on all big exchanges including Coinbase Pro and with its current confirmed breakout I see a lot of traders adding this coin to their portfolio.
Against BTC STORJ is very bullish and can surge up to 20-40%! Target price is between: 4,20 - 4,50$.
TOKEN ECONOMICS:
STORJ Price: $3.41
Storj ROI: 581.5%
Market Cap: $459,740,809
Market Cap Dominance: 0.02%
Circulating Supply: 143,787,438 / 424,999,998
Trading Volume: $872,950,937
Volume / Market Cap: 1.4918
24h Low / 24h High: $2.71 / $3.37
7d Low / 7d High: $1.41 / $3.23
Market Cap Rank: #143
STORJUSDT.P trade ideas
$STORJUSD - Symmetrical triangleHello everyone!
I believe, Storj has not completed the correction yet and there should be another leg down before the jump.
And that leg down will be a great buy opportunity, that is the first scenario.
Another scenario is when STORJ closes above the upper edge of the triangle, it continues the uptrend towards $4
STORJ USDT
www.tradingview.com
STORJ has shown very clear sign of a bullish pennant. This means potential spike up for a short term trade for the breakout. The time frame, volume on main pole (as highlighted in red circle) followed by light volume building the flag has met pretty good structure to trade on. The upwards pole is to the high of ~140%, which expected to be the same coeff of the expansion of next pole unless there is changes in volume (decreasing).
Otherwise, with alt season coming in April 2021 as the macro perspective, we might see a 10x coin here but thats will be my longer term target for 2 months. Alt coin seems like going to last a lot longer compare to 2017. It is just the beginning.
This is my journal, not financial advise.
STORJ 1D Global analysis, support and resistance levelsIn the digest Weekly section: Bitcoin weekend №13 , the most "+" collected analysis of the pair Storjusdt
Storj is a coin that hyped and participated in pumps before it process became mainstream in 2017.
At the beginning of 2018, an absolute maximum of $3.13 was recorded
And yesterday this maximum was updated to the level of $3.83 and even at super large volumes. However, at the moment, on daily candles, it looks like a false breakout.
In principle, over the past month, the price of the Storjusd pair has grown quite well, and from a technical point of view and analysis, a correction begins to suggest itself.
The correction to $2 or even to $1.40 would be very tasty to re-buy long.
Please write in the comments why , in terms of news and fundamentals, Storj should continue to grow?
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Storj short swing monthy and weekly reversionWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
storj weekly pivot reversion short swingThat is a deep weekly pivot forming. And those usually always get tested and pull price action right back to them once they are. It could still rise in this last day of price action before the weekly close. However it will just mean retrace from a bit higher. You could manage such a trade with averaging short entry up in increase quantities until the reversion starts. or you can simply use this as indication to be patient and do not fomo into this at the current time.