STORJUSD
STORJ pumped 17%. What's next?Hello, dear TradingView members.
This is a STORJ idea.
STORJ moved 17% up and got rejected by solid resistance, and now it's back to 6%. The Bollinger Bands are getting smaller, and the price has crossed the middle band, which means we can see more current declines.
Scenario One:
The price will consolidate on the local support for a while and then moves back up for a retest.
Scenario Two:
The local support level won't hold the price and will fall on lower support levels.
RSI is Neutral, and the price has more room to go up or down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
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"!
#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
$STORJ, broke through the range formed over the previous 2 month$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
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.
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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.
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!
[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/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 - Good timing to long with these TP/SLBINANCE:STORJUSDT
12H trend chart
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STORJ jsut met the condition of Vegas on 12H chart (Blue arrow)
And there is a downtrend line keeps resisting price.
So we can take entry here and add position after breaking out the trend line.
Both have good reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 2.1856----Fib(1)
b) 2.4145~2.5071--------Fib(1.272~1.382)
c) 2.7058----Fib(1.618)
d) 3.0273----Fib(2)
Stop losses:
a) 1.6630-----Red horizontal ray
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or let me know what crypto you want to see!
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Market Update - Big Green Day! Will the trend continue?In this video:
* The bulls have emphatically returned to the stock market
* Will the crypto space follow suite
* A review of my purple altcoins from yesterday
* You still have opportunity to enter some of these trades
Wishing you the best in all your trades!
- Stew
Market Update - My Top 10 Favorite Altcoin Setups for Today!In this video:
* We discuss some new great signs and indicators in the crypto space indicating that the bulls will run soon
* I pick some of my favorite altcoins today, all with beautiful setups
* I challenge you to pick the (4) four best cryptos from this list from which I have chosen. If you pick the four that I picked, you will win a month of free subscription at stewdam.us
Best of luck traders. Stay safe out there. And Happy Holidays to you all!