STORJ has been seeing some heavy resistance since quite the bullish breakout from it's previous retest. Broke through it's uptrend support line, if we see it using it as resistance will be sign of bearishness. We're still trading above all notable EMA's with the previous bounce being at EMA 100. Watching how STORJ behaves around EMA 50 (right about now) will...
On M30 chart we have a golden cross of 100 SMA and 200 SMA. It's a good signal to buy buy STORJ/BTC at 0.00003911. Take the first profit at 0.00005150 then set stop loss to B/E, let the position run to 0.00005900.
looks like a healthy retrace, I think it will bounce with confluence at one of these fib levels + MMA
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We expect price will falling to about 78.6 fibo retracement level and then rises. Falling wedge occurs when the uptrend paused If look at chart in weekly time frame sees forming a C&P pattern (Cup and Handle) MACD&RSI still in neutral area which confirms this claim.
If you saw my previous idea we expected this Elliot Wave to form, The C retracement failed on the 20 MA and pushed to new high, This could be the start of a bigger move.
STORJBTC - Long - Potential 11.54% Enter- 4724 TP1- 4966 TP2- 5254 SL- 4224 Happy Trading! “Risk comes from not knowing what you are doing.” Warren Buffet
Hello, I started TA a couple years ago, decided to start sharing some of my ideas, its never a bad thing to hear other people's perspective. Storj is looking good on every timeframe.
Hi All, Just keeping this short as there are many to review and this being one of those I believe is clearer in terms of the RSI\MACD perspective; What do you think? I have 2 targets in blue. Regards, S.SAri
STORJBTC- Long - Potential 12.57% Entry - 4614 TP1- 4954 TP2 - 5213 SL- 4150 Please comment with thoughts and how you get on. If you like the idea, then hit like on the idea & support with a follow. Be Careful Out There!
Really important to me Please support my work by like or leave a comment By "following" you can always get new information quickly. This work allows, the analysis reaches to other traders "THANKS" you in advance for your support .......................................................................................... Described on chart...
Storj (STORJBTC) is looking strongly bullish right now and just broke above EMA100 for the first time ever on the weekly. This is a very strong bullish signal. After the 2018 ATH, STORJBTC went on a 2.5 years-long bear market... Just recently, in the past 3 weeks, we've been seeing some really strong bullish action, but this is only the beginning. As you can...
Let me show you a quick one... Normally, after a strong resistance is taken out, this same level is later tested as support. Here we have the chart for STORJBTC... Put your attention on the light blue highlighted area. On the left, we see STORJBTC moving above MA200 (black line). This leads to bullish action. Then, the same level is tested as support, right...
Here I buy Storj and Storj will go up. The price is testing the major resistance, so now I buy and the bullish breakout will start. And Storj will go up. See you up there
STORJ/BTC -We can the price starts going down and setting a temporary top -The area needs to be watching is somewhere 2766-2653 sat -This zone is a confluence of previous resistance, Golden Fib level, and 50ma -The chances of a bounce reaction if the price hits this area is high -But I recommend opening a buy position only provided there are bullish...
STORJ is 9th place in github activity raking past year.(according to cryptomiso records). In addition to this, trading volume is increasing since April 2020(according to coinmarketcap records). Weekly chart printed nice accumulation zone. Great potential to move higher. Possible targets are in the drawing. This is not an investment advice. Investment is your own choice.