Sjcx
Long on SJCX!
strong support level
Candlestick Bullish pattern: Morning Doji Star.
Fibonacci 61.80 retracement
deep market analysis
STORJCOIN (SJCX) Trading within TriangleIf Storjcoin breaks through the pattern - I will continue long. If not, I will short after first candle not breaching the resistance.
SJCX Cup and Handle Formation.Entered my trade at 0.00030 and my trading plan is 30%. Look for this coin to go long over the next few days!
SJCX will be testing key resistance levels over the next 36hoursSJCX is attempting to hold at price 33,000sat but will likely drop below that to resistance around 30,000sat before continuing upwards extremely bullishly. Buys should be placed within the red accumulation rectangle.
SJCX 1DAY BREAKING OUTLook at SJCX have double bottom and flag chart
Now growing up and breakout soon
Target 4700
SJCXBTC "W" Fractal or H&S PatternStorjx/Btc forming a possible "W", which could be a fractal of a previous "W" pattern. Therefore, we can expect a retest of a historical resistance around 33k sat, possibly in the month of may. The other scenario is a formation of the second shoulder in a H&S pattern around 24,5k sat.
Either way, the historical support is holding for now, so both scenarios are positive as far the price is concerned. RSI is showing room for price growth but the lack of volume is a bit concerning. If the volume increases, the formation of 1 of those patterns is that much more likely.
Of course, it depends on the BTC price movement, which is unpredictable in the comming months. (PBoC, Segwit, Etf). Either way, imo, this is a trade worth taking, setting a stop under the historical support level, a 50% profit taking target on the second shoulder ("C") and the other 50% on the retest of historical resistance.
SJCX found the bottomIt seems that Storjcoin X finally found the market bottom as prices rebounded from the last support frontier - Lead 2 ( Senkou span B , red border line of the Kumo cloud) and Lagging span ( Chikou , green line) failed to break the price line.
Time to check daily graphs to seek for the proper entry point :-)
This is the only applied PoC coin on planet earth.I actually started entering at 2k satoshies but whatever I took much larger bites at 4.5k.
Cryptographic CurrenciesThe currencies mentioned here:
Ethereum (ETH) - second in market cap and very new, shorting due to fundemental flaws manefested after hack.
Srojx (SJCX) - only applied PoC coin in existence.
Maidsafe (MAID) - risky vapor
SIAcoin - pure risk
