STORJ waiting to explode.STORJ waiting to explode.
CUP AND HANDLE formation on a 4 hour chart.
Waiting on confirmation any day now.
Storj
📤 STORJ breakout rejected? approaching key levelThe new daily candle appeared 5 hours ago at the time I'm posting this so don't get fooled by the wick, but it looks like the breakout was rejected and the price is heading towards the key level to test it as support.
Entry: buy between key level (1.25) and lower trendline of the formation -- or buy after successful breakout if the price gets rejected from 1.76 and pulls back
Long-term targets:
TP1: 1.76
TP2: 2.02
TP3: 2.59
TP4: 2.73
TP5: 3.76 (~200%)
TP6: OPEN++
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About STORJ:
Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.
In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.
Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.
People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.
Source: coinmarketcap
STORJ Likely to Find Support HereOn the 4 hour time scale you can see that STORJ is very perfectly bouncing off of the support lines that have been established by previous trends. I believe that this is a great buying opportunity at it is 15% off and looks like it's ready to begin recovery and markup in the coming days and weeks. This is not investment advice and please trade at your own risk, only trading what you can literally afford to lose. (That being said, if you HODL top 20 cryptos for a few years it's hard to lose).
STORJUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
🆓Storj (STORJ) Aug-16 #STORJ $STORJSTORJ has conquered the $ 1.2 zone and is moving towards the $ 1.7 and $ 2.4 zone. But if it loses the 1.2$ zone, it will fall back to the 1$ zone
📈BUY
🔴Buy : 1.17-1.23$. SL if B
📉SELL
🔴Sell : 1.66-1.74$. SL if A
🔴Sell : 2.34-2.46$. SL if A
♻️BACK-UP
🔵Sell : 1.17-1.23$ if B. SL if A
🔵Buy : 0.97-1.03$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
STORJ - Neutral for now!STORJ is the second hottest coin on Binance right now with more than 9% price change.
Support: As shown on chart
Resistance: After the closure of the first 4H candle you can open your long positions and aim for that TP area I've shown on the chart.
Use this setup to open your positions and please be careful.
Current Market Price: $0.8454
Good Luck
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STORJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price of the support channel line has lost and a pullback has hit its support level and has fallen. In our opinion, if it can not climb above its channel line, we still predict the fall to the support level.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!