Storj
May the 50 day moving average shine upon you!Traders,
In this video I discuss all of the normies: Bitcoin, the dollar, the vix, us oil, SNP (spy) and we'll cover some altcoins. Plus, we talk briefly about FTX.us trading stocks, the Solana hack, and I'll show you a few of the indicators I am eyeing up before entering a trade this week.
Stew
A list of altcoins that I am currently eyeing up can be found here :
www.tradingview.com
STORJBTC - Ascending triangle on the weekly! + Record volume- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern.
- If we take a look at the volume indicator - there is a massive volume spike, which is positive.
- The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest!
- You can buy a breakout above the ascending triangle and take profit at the all time high level.
- 20x is possible in next months!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Bear Market = Altcoin Season? BTC and ETH Losing Ground to AltsBoth stocks and crypto markets have been down in most of 2022 (largely due to inflation, rising interest rates, and talks of an upcoming global recession), but in the last month we've seen a few interesting patterns emerge:
- Proof-of-Storage coins, particularly Chia Coin (XCH) and STORJ (STORJ) have seen very favorable gains.
- The two major crypto coins, Bitcoin and Ethereum, has actually been performing worse than the majority of "altcoins" out there - a sign that crypto investors are reallocating their portfolios towards alts.
- Weekends are usually when crypto investors typically make their move - and we see that coins that offer staking rewards (interest rates start to look more favorable during recessionary periods) have been gaining ground. (XTZ +4.5%, ATOM +4.5%, MATIC +3%)
This is a PSA but beware of newly minted coins' "staking rewards" because a lot of them are based on the idea of certain assets (BTC, ETH, even fiat) always going up. When that inflow dries up, we're going to see a lot of services and platforms go through a LUNA-style collapse - if you don't DYOR carefully here, you may get caught up in the storm. Many coins that currently offer "staking rewards" have cut a lot of corners to keep up with last year's hype and is living on borrowed time.
cobie.substack.com
In theory, Layer-2 coins built on top of the EVM network operate independently of ETH's price, but we don't actually know all the details of what goes on behind the scenes - some of them may collapse just as well if their model has been reliant on speculative gains on ETH itself. (Something that the project teams will never admit to, even if true.) Time will tell whether it turns out this way or not, of if the Merge in August will stabilize or destabilize these economies as a whole. A lot of uncertainty in the big-name coins right now, either way - meanwhile, altcoins have been gradually chipping away at their lead.
#Storj/ #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!. ---
Note that trend line is very important in technical analysis and most traders trade with trend line failure.
The same thing happened in the storj / usdt chart
- The trendline is broken and pullback is done
Storj go to the Moon 🔥Most of my indicator are showing the bullish move in upcoming day.
If it will break 0.74$ level, we'll see a rally to 1$, because every time we saw macd up cross, after that we have seen significant growth.
Furthermore in terms of examining patterns, we have a reliabe double bottom pattern in 4H TF.
NFTs Are Here to Stay: Proof-of-Storage Makes its MoveBack from NFTNYC 2022 (was showcasing and promoting our new company there) and the biggest takeaway from the conference was the NFTs are here to stay, despite the downturn in the markets right now.
But during this period of market consolidation there have been a few "spikes" among select alt-coins as people start to tighten up their wallets and look for projects that have more utility over hype. The last few weeks have been very good for projects associated with decentralized storage systems, which includes STORJ and XCH (Chia Coin), which has basically outperformed every other crypto asset out there. (50%+ in the last few weeks.) These are the "signs of life" investors often look for to see if a project has "resilience" against the typical waves of ups and downs.
Proof-of-storage projects have potential large upsides - especially in the long-term - because while betting on which NFT project is going to "moon" can be extremely risky, it's a "sell pickaxes, not gold" situation where you can potentially profit off of regardless of which NFT collection themselves do well. Especially with security vulnerabilities starting to emerge as people realize that many NFT collections (including big-name platforms like OpenSea) are not actually decentralized and may be vulnerable to hacking or company bankruptcy.
In the past the question was - "are people going to care enough to protect these .jpgs in the proper way?" It seems like the answer to that is yes, and projects that already have solutions to said problems are likely to do well, long-term.
STORJ price movement predictionSTORJ .. enter on support bounce... once it breaks above weekly - it will be in LOW VOLUME NODE territory .
Market Cap 341.7M
DYOR ( do your own research )
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
$STORJ, broke through the range formed over the previous 2 month$STORJ
broke through the range formed over the previous two months.
Currently testing it again in search of a potential R/S flip that would allow an expansions to the upside.
On the 1D & lower timeframes, UCTS is already bullish👀
#STORJ
TOP 10 Altcoins Growing Big This SummerThe Altcoins are starting to awaken and we are going to see some big winners in this upcoming Altcoins market bullish wave.
Hit like and let's get started right away...
(0) BITCOIN (BTCUSD)
To start, we have Bitcoin which is still consolidating slowly but whom will soon speed up.
We are expecting to the see the king move BIG first...
Bitcoin 3D | Volume + Reversal Candle + RSI (100% to 120% Next)
Now, let's look at the major Altcoins.
(1) ETHEREUM (ETHUSD)
Ethereum is the queen of crypto, the #2 cryptocurrency/#1 Altcoin, and is surely showing plenty of room for growth.
We are seeing over 100% of potential on the below chart:
Ethereum 3D Oversold | Comparing To Bitcoin (170% to 200% Next)
(2) SOLANA (SOLUSD)
We are looking at the potential target for the upcoming relief rally for Solana and we set it at $98...
There is more, see the analysis below:
Solana Long-Term | Potential Target Set At $98.5 (Bear market)
(3) CHAINLINK (LINKUSDT)
We have a full cycle depicted on this chart...
From the current price to the All-Time High, we can see a nice profits potential of 650%+.
Chainlink Long-Term (650% Potential Profits To All-Time High)
(4) CARDANO (ADAUSD)
Cardano has been a TOP cryptocurrency project since the day it launched.
Cardano is definitely one of the most popular ones, we've been tracking it daily and it has huge potential for growth.
This is the latest trade idea... Short-term target set but there can be more!
Cardano Wider Perspective | Easy 15% (10X Lev. = 150%) & More...
(5) STORJ (STORJBTC/STORJUSDT)
Not really one of the top ones but one of the best moving so far...
There is room for additional growth!
Storj Goes Bullish vs Bitcoin (Easy 50% + More)
Storj High Volume Breakout (100% to 235% Mapped)
Let me know in the comment sections what you think about these Altcoins.
Make sure to share your own favorite Altcoins in the comments section below!
5 BONUS PAIRS
Here are five additional Altcoins that are set to grow/big strong in the weeks to come.
(6) AXSUSDT | Axie Infinity | Mapping 100%+ Target + Cryptocurrency Trading
(7) COMPUSDT | Compound Bottomed Out! 230% Potential Profits Next!
(8) XLMBTC | Stellar Goes Bullish Long-Term (100% to 190% Potential Targets)
(9) GMTUSDT | STEPN Trade Signal (122% Potential Profits)
(10) UNIBTC | Uniswap Giant Falling Wedge (Long-Term W/ Fibs)
Thanks a lot for reading and for your continued support.
Remember to hit LIKE for more.
Namaste.
STORJUSD Amazing rise but needs to break this ResistanceSTORJUSD had a very strong rise yesterday, pivoting off the previous 0.62 - 0.64 Resistance level. Despite this heavily bullish short-term trend, the Lower Highs trend-line from its All Time High is now coming to play again and in fact rejected so far the price on its High yesterday. This is the second Lower High since April 04. That Lower High didn't just stop on the Resistance trend-line but also on the 0.5 Fibonacci retracement level.
This time the 0.5 Fib is just above the trend-line around 1.096 and this is the level to beat if we want to see a sustainable bullish move long-term. If a 1D candle closes above it, we can expect the next Fib levels above it (0.618, 0.786, 1.0) to get filled. If not, a new rejection can technically aim at least as low as the 0.33 Support. Notice how the 1D RSI tops harmonically align with every contact on the Lower Highs trend-line.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
Storj High Volume Breakout (100% to 235% Mapped)We have the same bullish divergence we looked at on the BATUSDT trading pair.
Storj vs Tether (STORJUSDT) just printed a very strong bounce at support on really high volume.
This is the highest daily volume since around November 2021.
All trading above $0.3200 and we are strongly bullish.
If prices move and close below this level, the short-term bullish potential we are pointing out is lost.
We have first a 100% target followed by a 235% one.
Additional details on the chart.
Namaste.
Storj Goes Bullish vs Bitcoin (Easy 50% + More)When it comes to the BTC pair, STORJBTC, we can see the chart technicals going bullish...
Feel free to hit LIKE and let's look at those.
Our classic signals go as follows:
The RSI is now bullish/strong above 50.
The MACD is bullish above 0, with green histogram.
STORJBTC has gone above EMA10, EMA21 and EMA50.
Really high volume to break above EMA50.
We can see easily a 50% jump short-term, follow by more mid-term.
This is not financial advice.
Thank you, ALWAYS, for reading.
Namaste.
STORJ formed big bullish Gartley for upto 1180% massive rallyHi friends, hope you are well and welcome to the new trade setup of Storj token.
Previously we had a nice trade of Storj:
Now on a monthly time frame, Storj has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
📊 STORJ with its 27% pump retesting resistance.Hello, dear TradingView members.
This idea is a STORJ analysis.
STORJ made a 27% ascending moving towards the resistance area, and it's been testing that level for a few hours.
While the Bollinger Bands are getting pushed up, the market is becoming overbought, as RSI hints.
Overall, we have good support for now.
Scenario one:
The price will wither push up to the resistance levels and the target shown on the chart or get another support for a stronger pump.
Scenario two:
The price will become overbought, rejected by resistance, and fall on support.
The Speedometer indicator shows Sell volumes on the market for STORJ on a 1D interval.
RSI is also hinting at an Overbought market.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SHORT STURJUSDTCan we make this happen? Watch STURJUSDT do a free fall immediately we start trading inside the triangle. It's a tricky double top though not fully taken shape but likely the nearest scenario. Let me know what you think about the entire market. full bearish or you think we'll get a pump soon?