STORJ / Bitcoin
Long
Updated

Downward momentum dissipating - inflection point close.

206
STORJ is undervalued relative to peers. Downward momentum is dissipating, and an inflection point seems close at these levels.
Expect a a move up to/above previous trend in due course, but will wait for higher volumes, and clearer reversal of down trend.
Trade active
Getting some really good volume now ... it's starting to bounce
Note
It put the hammer down sharply on the uptrend line and support line, bouncing strongly off this level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.