Take in to account, the 2 notes on the left '2xspike before peak'. We seen those 2 spike sagain right in the middle of the chart, where I predicted that 3rd peak.
Now, take note of the far right, where we currently are & I have added on to the chart.
STORJ has broken out of its downchannel a month or so ago and made two nice waves with deep retracements each time. It might bounce up and down the trendline for a bit more time, but at this point STORJ is already oversold on the 4h and daily charts, so one of these days we could expect a good move upwards towards the upper trendline.
Entry at this point and a...
Buy along the rising uptrend
First target 9k
Second target 11k
Third 15k-20k
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
Buy close to upward trend support line and place limit sell order at around 0.00012650.
If price breaks below trend line then cancel trade. I have placeD a stop loss at 0.00008274.
Should meet target within two weeks.
Good luck!
The previously thick cloud, recent kumo twist, and bullish tenken are suggesting a possible bull run here through the cloud. The long flat line at the top of the cloud serves as a good indicator of resistance and a decent target for a short term trade. This target also lines up perfectly with the 0.5 fib if you retrace from the ATH to the local low. The ATH would...
STORJ to me is a good-to-invest coin/share that has just the right-simple-business-idea that would work (like Google Drive or Dropbox, etc. you know what I mean)...
However, it is in a crypto market that highly speculative. With that in mind, we need to pick the right time to enter the market. So, I believe, NOW is the time!
Here are the reasons:
1. The...
We are in the accumulation phase of StorjCoin before we see long term Bullish movement. Every time this coin touches the trend line its riding it pumps so its a perfect set up for a day trade.
