Finally Storj Getting Ready For 200% Bullish Wave Storj Again Showing Strength Here After Correction Of Months Last Time Storj Went 250%+ After Breakout Now Everything Is Same Falling Wedge Making Higher High Rsi Printed Massive Bullish Divergence Expecting 200% After Successful Breakout Longby Worldofchartsfx4
STORJ-USDT Technical AnalysisThe price of STORJ is in a downtrend and has been trading within a descending channel since March 2024, with the price consistently making lower highs. This downtrend is defined by a descending channel upper trendline that has acted as resistance multiple times and a lower trendline acted as support. Recently, the price has started to push upward, and this upper boundary of the descending channel is being tested again, suggesting a potential test of the downtrend resistance. Several key support and resistance levels are visible on the chart. The most immediate resistance lies in the descending channel upper boundary, $0.3937 level, with a resistance zone (Green) at $0.4299 - $0.4420 just above. If the price manages to break through here, it could target higher resistance levels, such as $0.4947 the major resistance zone (Pink) at $0.5830 - $0.6110, and so on, all the levels are marked in the chart. These levels have historically seen strong selling pressure. On the downside, strong support (Purple) at $0.3420 - $0.3501, where the price recently found support and began its current upward movement. Further support zone (Yellow) at $0.3003 - $0.3099 and the ultimate low at $0.2584, which acted as a base for a previous bounce. If the price fails to break resistance, it could retrace to these lower levels. Overall, STORJ/USDT is at a critical juncture. A break above the downtrend and key resistance zones would indicate a potential shift in momentum to the upside. However, failure to break these levels could result in a continuation of the downtrend, with price retesting key support zones. The next few days will be crucial in determining the future direction of the pair. Everything is on the chartby TheCryptoCity5
STORJUSDT.4HIn this technical analysis of the STORJ/USDT 4-hour chart, I observe a number of pivotal trends and indicators that will guide my trading strategy. Currently, STORJ is trading at around $0.3740, marking a 1.35% decline in the recent session. The price action on the chart has been trending downward over the past months, delineated by the red trend lines. This downward trend suggests a bearish market sentiment. The recent price action has formed a consolidation pattern, indicating a period of uncertainty among traders. Key support (S1) and resistance levels (R1, R2, R3) are identifiable and crucial to determining potential entry and exit points. The immediate support level (S1) at $0.2590 serves as a critical juncture; a break below this level could indicate a continuation of the bearish trend, potentially reaching new lows. Conversely, resistance levels at $0.4616 (R2) and $0.5913 (R3) serve as barriers to upward price movements. Notably, the price tested the resistance at R1 recently but was unable to sustain a breakout. This failure at R1 ($0.4416) highlights the selling pressure above this price point. The Moving Average Convergence Divergence (MACD) shows the MACD line is currently below the signal line but very close, indicating reduced momentum in the current trend. This might suggest a potential reversal or slowdown in the downward movement if the MACD line crosses above the signal line. The Relative Strength Index (RSI) is currently at 57.74, which is in the neutral zone but leaning towards the upper boundary. This suggests that there might be some buying interest at these levels, although it's not strong enough yet to indicate a bullish reversal. In conclusion, my analysis of the STORJ/USDT chart indicates that while the market sentiment remains bearish, there are signs of potential stabilization or a slowdown in the downward momentum. Traders should watch the RSI and MACD closely for more definitive signals of a trend reversal. As always, maintaining a close watch on key support and resistance levels will be crucial for timely decision-making.Longby MarsSignals1
STORJUSDTSTORJ ~ 1W SEED_DONKEYDAN_MARKET_CAP:STORJ Moving in a descending pattern. You can make purchases after successfully breaking through the resistance line of this descending pattern.Longby CryptoNuclear1
Storj Correction, EMAs & Higher LowWe are looking at the 2D timeframe... Storj is moving, that's the thing. We can see prices moving within a full green candle above EMA8/13/21. This is happening after a long-term higher low, more than a year ago. The previous wave was corrected by 79%. That is, prices dropped by 79% from its December 2023 peak. A very strong correction by all standards. Storj being a strong project, this can potentially be the end of the correction. If prices move lower; buy the dip. The entire correction lasted more than eight months which is also a long time. This favors a reversal. I am showing only short-term targets on this chart but there can be more. Remember, this charts are meant to show you the entry, "great entry timing," the opportunity; once you are in and green, the rest becomes easy. Good luck and good profits. 👉 Buy and hold. ➢ Buy everything in 2024. Hold until late 2025... It will be clear when the time to sell comes. In 2025, when everything starts hitting new all-time highs... That's the time to sell. When everything is hitting bottom, that's the time to buy. Namaste.Longby AlanSantana1121
STORJ near important levelSTORJ / USDT Price is very close to the uptrend line (since 4 years) This level was producing pump every time price touched it in past Monitoring price action here for potential upside scenario Best of wishes Longby Babenski3315
STORJUSDT.PSTORJUSDT.P is in ranging phase. If it will broke the down side then trend again will going to bearish. we wait and watch for the breakout of last LL. We will execute trade at breakout.Shortby Naqash910
STORJ breakout failed?Crypto trading is always a series possiblilties as we say that failed breakout printed a Sell after that opporutnistic Buy. It's as simple as that DYORby jonahmano0
jeffans: STORJUSDT is going to pierce resistance and +71% moveSTORJUSDT is going to pierce resistance and +71% move Longby jeffansUpdated 1141
STORJ is ready to returnnnnn. Follow me!!!Be sure to keep an eye on STORJ, after the break of its ascending channel and the pullback can have an upward movement as long as its flagpole. Tank you for subscribe and like me. Follow me my friend !!!Longby kingcrypto61
STORJUSDTWe can attempt to short STORJUSDT from specified level if it break HL , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart.Shortby SignalEdge0
STORJ going down...?with a breakout Fbuy print, Storj couldn't go because of jittery BTC. We have good position for short our targets are 0.38 0.374 0.365 0.36 0.355 0.345 Hell.... If BTC is dumping then this idea will be fruitful. Use max leverage. DYOR as usual Shortby jonahmano0
LONG #STORJLONG #STORJUSDT from $0.4143 stop loss $0.4116 5m TF. The coin quickly bought off the dump and is now in the top in terms of activity. It has formed a clear local resistance level with several touches and the accumulation of short stops of participants, allowing them to continue the local trend. The formation has the form of a triangle pressing the lows along the trend line. I will be waiting for a traded movement along the level and an impulse movement with an increase in volumes and activity in the glass. 1 TP — 0,4193 2 TP — 0,4217 3 TP — 0,4249 Longby CScalp_EN1
Short position on STORJUSDT / Trading SetupBINANCE:STORJUSDT COINBASE:STORJUSD Mid-risk status: 4x-5x Leverage Low-risk status: 2x-3x Leverage ⚡️TP: 0.3906 0.3870 0.3840 0.3805 0.3710 0.36 0.356 0.35 0.3445(In Optimistic Scenario) ➡️SL: 0.429 0.45 The Alternate scenario: If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.Shortby CrazyS11
STORJUSDT(Storj) Daily tf Range Updated till 06-08-24STORJUSDT(Storj) Daily timeframe range. the entire market is having trouble now. it tried to break its local low 0.2905 but retraced back. close to its recent resistance 0.4303. 0.2905 was a good entry made some profit their. but visiting again their will add more risk.by cryptoforever10
STORJ analysis (12H)From where we put the red arrow on the chart, STORJ correction has started. It looks like our pattern is a diametric. The red area is where we look for sell/short positions. The target can be the green box. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank Youby behdarkUpdated 12
STORJ USDTSTORJ Daily Time Frame Storj is trading in a descending channel for approximately 228 days indicating a downtrend. The price has encountered significant resistance zones, currently trading near a key support zone (Yellow) between $0.3100 and $0.3269. Observing the candlesticks, there are significant drops followed by consolidation phases. The recent candles show a sharp decline into the support zone (Yellow), suggesting a bearish momentum. This could potentially lead to either a stabilization and sideways movement within the support zone or further decline if the support fails. If this support holds, there might be potential for a price to bounce back; however, a break below could signal further declines. The resistance zone (Green), positioned at $0.5750-$0.6082 and the next resistance zone (Blue) at$0.9072-$0.9494, are critical levels where the price could face sell-offs. Traders should be vigilant, considering positions based on the support's reaction and entering a buy if it holds, targeting the nearest resistance zone. Always consider risk management strategies, especially with the current market volatility, and set stop-loss orders to protect against unforeseen price movements Longby TheCryptoCity12
STORJUSDT Is This the Start of a Major Bullish Reversal?Yello, Paradisers! Are you ready to dive into the latest #STORJUSDT analysis? Let's uncover if STORJ is about to make a massive move! 💎#STORJ has successfully broken out of a falling wedge formation, signaling a bullish momentum shift. The price has already retested the support, indicating a high probability of continuing upward towards our first target at the strong resistance area, which also aligns with the Fair Value Gap (FVG) zone. 💎Upon reaching the first target, STORJ may face a hard rejection, leading to a test of the nearby support. A breakout above this strong resistance will be crucial, potentially pushing the price significantly higher as the trend switches back to bullish momentum, aiming for our final target at the Bearish Order Block (OB). 💎If STORJ fails to rebound while testing the support trendline, the price could revisit the strong demand area. This revisit could trigger another significant bullish momentum, possibly leading to a substantial price reversal. 💎STORJ has shown resilience in the strong demand zone, rebounding upward the last time it hit this area. A bounce here upon revisit is crucial. If the bullish invalidation occurs, the highest probability is for the price to continue downward and dip further. Stay disciplined, stay focused, and let’s navigate these exciting market movements together! MyCryptoParadise iFeel the success🌴Longby MyCryptoParadise225
STORJUSDTSTORJUSDT. Will STORJUSDT get bids from buyers ? As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.6050 followed by 0.7540 What you guys think of this idea?by JustTradeSignals8
STORJ / USDT → Wedge breakout with trend change target BINANCE:STORJUSDT shows positive dynamics to the change of trend and the beginning of bullrun. The coin is moving to the phase of implementation of a pattern that can change the direction of the market. Bitcoin sets the general trend of the cryptvault market. The general fundamental background, which is formed around BTC and ETH sets positive prospects for other altcoins, which can still surprise us. Technically, STORJ is coming out of consolidation and is essentially entering the distribution phase. A false break of the key resistance is formed, which can be broken after the next retest. High probability of a small correction before a subsequent attempt to break through this zone and enter a new range of 0.500 - 0.900. Resistance levels: 0.4882, 0.6034 Support levels: 0.5 Fibo, 0.3530 The task of the bulls is to keep the defense above the key support, if it succeeds, the next target will be the breakout of resistance and bullrun. Regards R. Linda!Longby RLinda1113
STORJ: Resistance and Potential Bearish SignalsThe market sentiment for STORJ is currently showing signs of a potential pullback. Recent technical indicators suggest that while there has been a bullish move, caution is warranted due to potential bearish signals. Key Factors Influencing STORJ Price 1. Technical Indicators and Their Implications: The MACD is about to go bearish, indicating a potential shift in momentum from bullish to bearish. With %K at 53.87 and %D at 62.55, the Stochastic Oscillator suggests a neutral stance but with a slight tendency towards overbought conditions. The RSI is at 56.44, suggesting that while STORJ is not overbought, it is nearing higher levels, indicating potential for a reversal or consolidation. 2. Price Trends and Resistance Levels: Found at $0.5289, this is a key level to watch for a potential breakout. Dynamic Resistance: Provides additional resistance, currently aligned with the upper Bollinger Band at $0.5418. Found at $0.4437, which could act as a strong support level in case of a pullback. Lower support level at $0.3455, indicating strong buying interest if prices dip significantly. Provides a general bullish support trend, suggesting that even if prices dip, there’s strong underlying support. Potential Market Scenarios Bullish Scenario: A break above the local resistance at $0.5289 could lead to further upward movement, potentially targeting the dynamic resistance at $0.5418 and beyond. Bearish Scenario: If STORJ fails to break above the local resistance, it could retest the support levels at $0.4437 and $0.3455. A break below $0.4437 could signal further declines, with $0.3455 acting as a stronger support level. Conclusion and Market Outlook STORJ is currently positioned with significant support and resistance levels to watch. The MACD showing signs of a bearish crossover and overall market activity suggest caution. Monitoring the key resistance levels and potential pullback points is crucial for making informed trading decisions.by MonoCoinSignal3
STORJUSDT.PSTORJUSDT.P is in bearish trend Bearish divergence also form in RSI> Double top reversal pattern also form. We sell at CMP. strong sign of reversal here.Shortby Naqash912