Storj is running back upwards to the original base line before the BTC uwpards trend.
It's a brand new coin and there's not much intel so we can make a better-educated guess so let's see what we have. First, let's keep with the basics: Look at this last rally up, we all know: everything that goes up too fast tends to readjust, so waiting could be your friend to avoid a massive dump. Second it's very close to the "oldest" resistance level which is...
Watching movement against the channel, potential support and resistance lines.
I've watched it go from .61c to .68c, small buy wall coming up @ 0.0001, testing that line now - if it breaks we may see a second run.
Storj volumes recharges again. Keep an eye on it.
STORJ as consolidated a base with MACD divergence, RSI/Willy breaking out of oversold, and two large volume purchases. If it breaks the 0.382 fib, the reversal will be confirmed and look for 0.618-0.762 test at the very least.
STORJ has been extremely true to this channel so far and expect a bounce off the bottom trend line before heading back up. Taking a long position here after I recognize the bounce. Whats everyone else's thoughts? This is not trading advice
Indiciation of furter 15 min growth. Open short and watch for maximum efect. Close should be -20% - gains +10 +15
If the price breaks through the support level, then the targets for sales are FIBO 0.786
fib levels are our support points after support it can bounce
Uptrending channel. Rounded bottom forming along 618. Should probably find support, become an ascending triangle, and hit about 140 in the next day or two
It's what happens around times like this after you've been dragged like a rag doll by BTC. When he leaves the room for a while, many Alts, previously relegated to major lows, will form the vaunted cup and handle.
Early entry - red. Good entry - blue. Perfect entry - orange. Mid term targets are 8500, 10000 and 13000 sats.