STORJUSDT trade ideas
STORJUSDT is creating a descending channel 🦐STORJUSDT is creating a descending channel below the weekly resistance. IF the price is going to have a breakout According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
🆓Storj (STORJ) Aug-16 #STORJ $STORJSTORJ has conquered the $ 1.2 zone and is moving towards the $ 1.7 and $ 2.4 zone. But if it loses the 1.2$ zone, it will fall back to the 1$ zone
📈BUY
🔴Buy : 1.17-1.23$. SL if B
📉SELL
🔴Sell : 1.66-1.74$. SL if A
🔴Sell : 2.34-2.46$. SL if A
♻️BACK-UP
🔵Sell : 1.17-1.23$ if B. SL if A
🔵Buy : 0.97-1.03$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
STORJ / BTC / USDOn the above 1-day STORJ/BTC chart (Left) a ‘incredible buy’ signal is shown following:
1) A 70% correction
2) Price action resistance breakout.
Price action is now printing higher low indicating a trend reversal.
On the weekly chart (below) price action prints a bullish engulfing candle following a test of Golden ratio. Excellent.
As for the USD chart (above right), a similar story with the BTC chart with price action recently breaking through the Gaussian channel following a changeover to green. Look left.
Good luck!
WW
Weekly chart
STORJUSDT - Long - Potential 32.44%STORJUSDT - Long - Potential 32.44%
Exchanges: Binance, Huobi.pro
Signal Type: Regular (Long)
Entry Zone:
0.7721 - 0.8207
Take-Profit Targets:
1) 0.8765
2) 0.9376
3) 1.0868
Stop Targets:
1) 0.6676
Entry Triggers- Excellent alt conditions with Storj in active breakup
STORJUSDT SETUPSTORJUSDT remains bearish the market on the daily timeframe is still forming lower highs and lower lows, here on the 4hr timeframe we can also clearly see the structure is currently still bearish. What we are waiting to see is a 4hr lower low to break this counter corrective trendline. ONLY if we see a 4hr close below this zone we will then enter a nice short on the retest of this zone.
Storj is ready for new ath ?Hello there we are in
1- bullish market
2 - Macd ready
3 - retrace are done
4 - we have broke descending channel
5 - above all important moving average
Targets are mapped in the chart
This will work for
Storj/btc
Storj/usdt
Support : 0.08585
stop : close daily below with strong candle : 0.08585
$STORJ Analysis By imRedaSouhail.#STORJ Analysis🧩 //
The $STORJ bounced over the last two resistances at $0.82 & $0.92 and making it a support level at the 4H time frame.
$STORJ is forming an uptrend on the High time frame (4h) and looking at the Short Term frame of 30min where we see a price consolidation around $0.97 & $0.94.
If We sow The price pushing outside the consolidation area our uptrend will continue its rally.
Our first target price is $1.00 the second one is $1.10.
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ISMASHPROFIT 💎
STORJ - Neutral for now!STORJ is the second hottest coin on Binance right now with more than 9% price change.
Support: As shown on chart
Resistance: After the closure of the first 4H candle you can open your long positions and aim for that TP area I've shown on the chart.
Use this setup to open your positions and please be careful.
Current Market Price: $0.8454
Good Luck
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