STORJ update from Dec 2021Little update from Dec 2021:
STORJ Elliott wave played out perfectly since my last post from 6 months ago.
Going forward? Depends on how Bitcoin performs. I’d anticipate a multi-month accumulation phase before attempting any bullish breakouts. We’re at a great place to dollar cost average (DCA) but I would save some $$ in case Bitcoin retests $25,000 and possibly falls below. In that case, STORJ as well as the overall crypto market will also fall significantly.
Not financial advice, simply sharing my thoughts and providing a little update from 6 months ago.
Happy trading and Good luck to all!
Storj
[ALTCOIN]STORJUSDT TREND LINE ANALYSISHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
It broke through the downward trend of the red thick upward trend, which has always been observed.
And it's hitting the downward trend that it's created and now it's going up Check the bottom again and climb on the red thick upward trend.
The angle of the candle's rise was always outspoken.
STORJ Rallies After Release of IPFS Pinning ServiceProof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a (closed) beta for an IPFS Pinning Service similar to Pinata and other IPFS services, which probably explains the jump that happened this week in its price.
IPFS is a complex, often misunderstood technology - what exactly is "Pinning" and how does it play into the broader picture of Web3 projects?
Filecoin and Monaverse: A High-End Metaverse/NFT PlatformFilecoin rallied this week in anticipation with its partnership with Monaverse, a new metaverse contender that focused on high-end, professionally built metaverse environments. A quick look at Monaverse and Decentraland - their pros and cons -- and why Proof-of-Storage projects are likely to do well regardless of who wins the race towards the most popular metaverse.
storj after nice uptrend expect to go long at this support I expect first all crypto market go up in few days
storj was very nice move up and I expect another move after retesting support and other indicators which coincide in this area
so here is signal
entry storj
0.9799
SL 0.963
tp1 1.01
tp2 1.0851
this short trade scalp market is fast and better take some profits and move on
of course if you have time its always good idea to leave around 10% of trade for moon shot
like and follow and I hope you make some profit
I put many long ideas today dont risk too much if you enter in one trade rest skip or only enter significantly lower hence I have waves coin if one one trade get stopped out we have other trades waiting
if high of coin changes before entry then order is invalid also its invalid after 3 days
STORJ/USDT - 86% potential setupHello Traders!
The STORJ price received a new base of support from buyers in the $0.77 - $0.98 range on the market correction. Then momentum is needed to exit the downtrend and go beyond the resistance level of $1.28
Buy entry can be looked for in the $0.77 - $0.98 range. It's worth closing the deal by a stop loss only in case of withdrawal under the price level of $0.71.
The targets for short-term purchases will be price levels of $1.57 and $1.83.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Storj STORJBTC - Ascending triangle on the weekly scale!- STORJ - Rank #128 - Token.
- On the weekly scale we can spot a beautiful ascending triangle, bullish pattern.
- Also the price recently broke out of the falling wedge with a successful retest.
- We can target a previous all time high as a profit target.
STORJ crypto is a good and future crypto.Educational Tip ** Strategy for drawing the support line of the last 72 days and good price response to it **
STORJ crypto is a good and future crypto.
Due to the general popularity of #cryptocurrency and the need for infrastructure and development tools in this field,
the need for tokens active in the field of data storage is more felt.
The upward trend line of the last 72 days has supported the price well and now the price is close to this support and the specified targets can be imagined for it.
If the market trend is still good, the set goals will not be far from the mind.
First Support: $ 1.58
Target 1: up to 7%
Second target: up to 21%
Target 3: 38%
Good luck profitable.