STORJ printing beauty on the chart, going 2$? Long term outlookWill try to keep it simple and short so let's dive into it.
1. expanding symmetrical triangle on daily
2. Possible cup and handle set up on the weekly
3. Holding on to the support line created since 14 August 2023
Growth touch a very strong resistance at the 1.0557 region which was the neckline of the HS that created the bear market and became a major supply zone (HS was confirmed 2022)
So I'd be giving you 3 plays you should be looking at
Play1-(80% possibility) following the current trend support and expanding symmetrical triangle which will confirm the the C and H set up on the weekly.
Play2.(65% possibility) drop off the expanding the symmetrical triangle down to the major demand zone again at 0.48 -0.42 region creating a DB setup on daily still confirming the Cup and handle on the weekly this is likely if we see a flash crash or minor correction on Bitcoin.
Play3.(20% probability) this is possible only if the entire crypto market goes into a major correction smashing all support to the previous August 2023 floor which is at 0.2183 area destroying every structure and building a new DB structure on the weekly the can on be created by a major crash on Bitcoin and it saying the halving has nothing to do with it rise where by creating a new market cycle, which will not be tied to halving but eeeeh not seeing this yet but I speculate that Bitcoin will come to such time in the future.what are your thoughts lemme know in the comments section any questions are welcome
STORJUSDT trade ideas
STORJ/USDT I BUY SETUP✔︎📈 BINANCE:STORJUSDT SIGNAL
✔︎ENTRY : 0.7084
🏓TARGETS :
🏓 TARGETS :
✔︎ T1 : 0.07552
✔︎ T2 : 0.8020
✔︎ T3 : 0.8599
✔︎ T4 : 0.9535
✘ STOP : 0.6616
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- range low
2- valu are deviation
• Opposite side targets:
1- range high
2- resting liqudity
💡Entry setup
1- reclaim Volume profile VAL
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
Storj a MUST BUYCome on... its brewing ya'll
safe bet as the fall will retest in the 50s at the lowest. I do not see this dumping any time soon since its still early entry for this project.
I been logged off for a while after a shiii hack, but we back baby stay tuned. I will get into more technicals as the charts creates a story line.
Let me know your thoughts.
stor je vue update 29jan24Hi folkz!
just a lil update coz local picture has changed (global - not) and I still try to figure out what structore STORJ is showin' us. Honestly - I dunno coz Wave (3) iz ugly.
NEVA DA LEZ
I think that Wave (B) iz complete (BUT we have no Divergence though and it can go up a lil more) and we are ready to dive.
PREPARE TO DIVE!! - do u know that movie (down periscope) - I recommend it to watch :)
SOO... be careful and safe. and loved
STORJUSDT.1DBased on the provided market data, the STORJ/USDT pair is currently trading at $0.89. The RSI (Relative Strength Index) shows readings of 58.92, 68.26, and 65.81 on the 4-hour, daily, and weekly charts respectively. These figures suggest that the asset is neither overbought nor oversold, indicating a balanced market condition.
The MACD (Moving Average Convergence Divergence) values for the 4-hour, daily, and weekly charts are 0.020, 0.046, and 0.096 respectively. These positive values suggest a bullish trend. However, it is essential to watch for any signs of MACD line crossing below the signal line, which could indicate a bearish reversal.
The Bollinger Bands, with values of 0.91, 0.90, and 0.91 for the 4-hour, daily, and weekly charts, suggest that the cryptocurrency is trading within a relatively normal range and isn't experiencing significant volatility.
The current price of STORJ is closer to the 4-hour, daily, and weekly support levels than the resistance levels, indicating that there may be more room for the price to fall before encountering significant support. The first, second, and third support levels for the 4-hour chart are $0.87, $0.76, and $0.69. For the daily chart, they are $0.78, $0.67, and $0.61, and for the weekly chart, they are $0.66, $0.48, and $0.17.
On the other hand, the resistance levels for the 4-hour, daily, and weekly charts are $0.93/$0.95/$1.050, $0.95/$1.25/$1.44, and $1.25/$1.66/$2.19 respectively.
In conclusion, the STORJ/USDT pair seems to be in a balanced market condition with a slight bullish trend. However, traders should monitor the MACD for any potential bearish reversals and keep an eye on the support and resistance levels for potential price reactions. This is just an analysis based on the provided data and should not be considered as financial advice. Please do your own research before making any investment decisions.
STORJ Price Spikes After Vitalik's Mention: Will It Keep Rising?Vitalik Buterin, Ethereum’s co-founder, highlighted a cryptocurrency on the Warpcast social network on March 8. As a result, this led to a notable price surge. Buterin’s influence on market dynamics is well acknowledged. This time, his latest discussion focused on DePIN projects.
He explored the potential for success among these projects, which aim to reinvent longstanding ideas such as SEED_DONKEYDAN_MARKET_CAP:STORJ and decentralized alternatives to Uber. Buterin questioned the viability of these projects’ success in the current market. Following his insights, the price of SEED_DONKEYDAN_MARKET_CAP:STORJ spiked by 18%. Shortly after, it fell by 9% but is still up by 7% from its daily open on Saturday.
STORJ Price Analysis
From its ATH of nearly $4, the price of SEED_DONKEYDAN_MARKET_CAP:STORJ has been in a multi-year bear market, dropping to a low of $0.22 in January 2023. After some sideways movement, SEED_DONKEYDAN_MARKET_CAP:STORJ retested this level on several occasions, with its last retest in August leading in a major recovery.
KEY TAKEAWAYS
Vitalik Buterin mentioned STORJ, spiking its price briefly.
STORJ shows potential for a larger bull cycle.
Its price movement depends on breaking December highs.
Vitalik Buterin, Ethereum’s co-founder, highlighted a cryptocurrency on the Warpcast social network on March 8. As a result, this to a notable price surge. Buterin’s influence on market dynamics is well acknowledged. This time, his latest discussion focused on DePIN projects.
He explored the potential for success among these projects, which aim to reinvent longstanding ideas such as STORJ and decentralized alternatives to Uber. Buterin questioned the viability of these projects’ success in the current market. Following his insights, the price of STORJ spiked by 18%.
Shortly after, it fell by 9% but is still up by 7% from its daily open. Was this just a temporary event or part of a larger rise?
STORJ Price Analysis
From its all-time high of nearly $4, the price of STORJ has been in a multi-year bear market, dropping to a low of $0.22 in January 2023. After some sideways movement, it retested this one on two more occasions, with its last retest in August resulting in a major recovery.
STORJ could have started a larger bull cycle.
SEED_DONKEYDAN_MARKET_CAP:STORJ climbed to $1.20 in December, which was an interaction with the larger descending resistance anchored at the all-time high. A rejection occurred, with the price decreasing to $0.50 on January 25.
The uptrend from last August until December showed a typical five-wave pattern. Since it came after a period of consolidation, it could be the starting move in a larger bull cycle.
This is why there is a strong chance that the rise from January’s low will lead SEED_DONKEYDAN_MARKET_CAP:STORJ to a breakout above the descending resistance and new highs. Our first target would be around $2.
However, SEED_DONKEYDAN_MARKET_CAP:STORJ ’s price is currently trading at a lower price than the one in December. Therefore, we first need to see its rising above that before we can expect higher prices. Until this happens, there is an equal chance that the price will be headed below $0.50 again.
#STORJ/USDT - Long - Potential 44.14%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 1.223 44.19%
• ⎿ Target 1 : 0.9398 10.8%
Entry: 0.8482 ⌁ 0.8482
• ⎿ Current market price: 0.8482
Stop: 0.7152 (-15.68%)
Technical indicators:
Trendline break, key resistance break bullish RSI momentum and volume
• ⎿ 24h Volume: 66105363.0813
• ⎿ Satoshis: 0.8482
• ⎿ Analysis: TradingView
STORJ/USDT Poised for a Bullish Rally? 👀🚀STORJ Analysis💎Paradisers, let's dive into #STORJUSDT, where the latest market signals suggest a promising opportunity for a bullish turnaround from its pivotal support zone.
💎Upon examining #Storj's recent market activity, we've noticed a pronounced 60% decline from its peak. Yet, the resilience at the $0.587 support level presents potential for a rebound.
💎The task of setting new milestones or reclaiming past achievements has been daunting, fostering a short-term bearish outlook. Nevertheless, the $0.587 mark is pivotal for #STORJ, positioned to ignite a significant bullish movement upon further evaluation.
💎Prepared for various market outcomes, we've devised a Plan B. If #STORJ retreats beyond this support, we are on the lookout for a bullish resurgence from the secondary support at $0.441. It's crucial to acknowledge that a descent past this marker may indicate an extended bearish phase.
💎Ensuring adaptability in your trading approach and keenness in market observation is essential, Paradisers. Be assured, the ParadiseTeam is meticulously monitoring these trends, equipped to guide you through the shifting market dynamics.
#STORJUSDT#STORJUSDT
This is the next possible best bull run for me personally
Price broke the resistance level at $0.4951 and tested as a support, expecting the coming bull run to rally to the resistance level at $2.9671
#forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
#STORJUSDT#STORJUSDT
This is the next possible best bull run for me personally
Price broke the resistance level at $0.4951 and tested as a support, expecting the coming bull run to rally to the resistance level at $2.9671
#forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
#STORJ/USDT#STORJ
It is moving in a bearish channel on a 1-hour frame, and the price committed to the green support area at the level of 0.7300.
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 0.7538
The first target is 0.7665
The second target is 0.7852
The third goal is 0.8090
Is STORJ getting ready for a pump? +55% profit from the trade.Hello everyone! I suggest considering buying the coin #STORJ.
Currently, the asset is in a global resistance and support zone to which the price is reacting very well.
In the local range, the breakout from this zone is at $0.7749. As seen on the chart recently, after breaking out of this range and consolidating above this level, a strong pump of the asset occurred.
It can be assumed that the situation will repeat itself.
Target - $1.20, +55% profit from the trade.
This is not financial advice, everything you do, you do at your own risk!
STORJ - Breakout -> Retrace -> Enter -> Pump -> Profits 🫰#STORJ/USDT Analysis
Description
---------------------------------------------------------------
+ As evident from the chart above, Storj has recently broken out from its resistance but faced rejection at a weaker resistance level.
+ Consequently, the price retreated to its support zone and is currently attempting to rebound from this support.
+ I anticipate the continuation of the reversal, with a potential break above the previously rejected resistance and advancement towards the next resistance level.
+ The placement of our stop loss is further than usual to mitigate the risk of any false wicks.
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VectorAlgo Trade Details
------------------------------
Entry Price: 0.7159
Stop Loss: 0.6484
------------------------------
Targets 1: 0.7348
Targets 2: 0.7513
Targets 3: 0.7894
Targets 4: 0.8448
------------------------------
Timeframe: 4H
Trade Type: Long Trade
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
STORJ LOOKS BULLISHAccording to iCH and iBOS and the expansion of the Demand area, it seems that Storj can move towards the targets.
In terms of time, a good amount of time has passed since the drop.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
StorjusdtGet a STORJ USD forecast - strong Buy, Buy, strong Sell, Sell or Neutral signals and access a detailed STORJ USD Huobi technical analysis through moving averages buy/sell signals (simple and exponential for 5,10,20,50,100 and 200 periods) and common chart indicators (RSI, Stochastics, StochRSI, MACD, ADX, CCI, ROC, Williams %R, Ultimate and more) Buy, Sell, Overbought, Oversold or Neutral signals. Also - pivot points levels for Standard, Fibonacci, Camarilla, Woodie's and Demark's are supplied. All technical studies are available in different time frames.