theCrypster

STORJBTC - Significant Break on Strong Trendline

Long
theCrypster Updated   
KRAKEN:STORJBTC   Storj / Bitcoin
STORJBTC has been trending downward for the best part of a year now, after an explosive upward move previously.

With a bearish market around for so long and the descending trend line having been tested on many occasions, resulting in a price rejection every time, it has now finally broken through!

We've got a strong Buy signal from CTv2 and can see 3 clear Take Profit levels - 15%, 35% and 50% respectively, this could be a really nice trade here! ✌️

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Comment:
We've had a clear break through TP1 almost immediately after going Long.

A quick consolidation followed and now are we ready to pump upward once again?

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