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Storj

STORJ / USDT Set for a Bullish Breakout! Key Targets in Sight!STORJ/USDT Technical Analysis: On the 1-hour timeframe, STORJ has confirmed a long trade entry at 0.4484. The bullish momentum is backed by the Risological Dotted Trendline , which signals a strong upward trend. This setup shows potential for a series of target achievements as the price inches closer to critical profit levels. Trade Summary: Entry Level: 0.4484 Target Levels: TP1: 0.4800 TP2: 0.5310 TP3: 0.5820 TP4: 0.6135 Stop Loss: 0.4229 With initial target levels approaching, STORJ’s momentum could bring gains as it heads toward the upper profit marks. Watch for further bullish action!
Long
by ProfitsNinja
STORJ-USDT Technical AnalysisThe price of STORJ is in a downtrend and has been trading within a descending channel since March 2024, with the price consistently making lower highs. This downtrend is defined by a descending channel upper trendline that has acted as resistance multiple times and a lower trendline acted as support. Recently, the price has started to push upward, and this upper boundary of the descending channel is being tested again, suggesting a potential test of the downtrend resistance. Several key support and resistance levels are visible on the chart. The most immediate resistance lies in the descending channel upper boundary, $0.3937 level, with a resistance zone (Green) at $0.4299 - $0.4420 just above. If the price manages to break through here, it could target higher resistance levels, such as $0.4947 the major resistance zone (Pink) at $0.5830 - $0.6110, and so on, all the levels are marked in the chart. These levels have historically seen strong selling pressure. On the downside, strong support (Purple) at $0.3420 - $0.3501, where the price recently found support and began its current upward movement. Further support zone (Yellow) at $0.3003 - $0.3099 and the ultimate low at $0.2584, which acted as a base for a previous bounce. If the price fails to break resistance, it could retrace to these lower levels. Overall, STORJ/USDT is at a critical juncture. A break above the downtrend and key resistance zones would indicate a potential shift in momentum to the upside. However, failure to break these levels could result in a continuation of the downtrend, with price retesting key support zones. The next few days will be crucial in determining the future direction of the pair. Everything is on the chart
by TheCryptoCity
3
STORJ ANALYSIS (4H)Storj seems to have entered a diametric recently. We now seem to be in wave F of this diametric. We are looking for buy/long positions in the green range. The targets are inserted on the image. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
STORJ/USDT Breakout Alert: Ready for a Major Move!Hey everyone! If you're enjoying this analysis, don’t forget to give it a thumbs up and follow for more! STORJ is looking strong here! It has just broken out of a descending triangle on the 2-day time frame and is showing great potential for an ATH (All-Time High). This could be the perfect opportunity to buy and accumulate on dips for big gains. Entry range: CMP and accumulate up to $0.42 Targets: 150% - 200% upside 📈 Stop Loss (SL): $0.33 What do you think of STORJ's current price action? Are you seeing a bullish setup? Share your thoughts and analysis in the comments below!
Long
by CoreCrypto1
STORJ USDTSTORJ Daily Time Frame Storj is trading in a descending channel for approximately 228 days indicating a downtrend. The price has encountered significant resistance zones, currently trading near a key support zone (Yellow) between $0.3100 and $0.3269. Observing the candlesticks, there are significant drops followed by consolidation phases. The recent candles show a sharp decline into the support zone (Yellow), suggesting a bearish momentum. This could potentially lead to either a stabilization and sideways movement within the support zone or further decline if the support fails. If this support holds, there might be potential for a price to bounce back; however, a break below could signal further declines. The resistance zone (Green), positioned at $0.5750-$0.6082 and the next resistance zone (Blue) at$0.9072-$0.9494, are critical levels where the price could face sell-offs. Traders should be vigilant, considering positions based on the support's reaction and entering a buy if it holds, targeting the nearest resistance zone. Always consider risk management strategies, especially with the current market volatility, and set stop-loss orders to protect against unforeseen price movements
Long
by TheCryptoCity
STORJ: Resistance and Potential Bearish SignalsThe market sentiment for STORJ is currently showing signs of a potential pullback. Recent technical indicators suggest that while there has been a bullish move, caution is warranted due to potential bearish signals. Key Factors Influencing STORJ Price 1. Technical Indicators and Their Implications: The MACD is about to go bearish, indicating a potential shift in momentum from bullish to bearish. With %K at 53.87 and %D at 62.55, the Stochastic Oscillator suggests a neutral stance but with a slight tendency towards overbought conditions. The RSI is at 56.44, suggesting that while STORJ is not overbought, it is nearing higher levels, indicating potential for a reversal or consolidation. 2. Price Trends and Resistance Levels: Found at $0.5289, this is a key level to watch for a potential breakout. Dynamic Resistance: Provides additional resistance, currently aligned with the upper Bollinger Band at $0.5418. Found at $0.4437, which could act as a strong support level in case of a pullback. Lower support level at $0.3455, indicating strong buying interest if prices dip significantly. Provides a general bullish support trend, suggesting that even if prices dip, there’s strong underlying support. Potential Market Scenarios Bullish Scenario: A break above the local resistance at $0.5289 could lead to further upward movement, potentially targeting the dynamic resistance at $0.5418 and beyond. Bearish Scenario: If STORJ fails to break above the local resistance, it could retest the support levels at $0.4437 and $0.3455. A break below $0.4437 could signal further declines, with $0.3455 acting as a stronger support level. Conclusion and Market Outlook STORJ is currently positioned with significant support and resistance levels to watch. The MACD showing signs of a bearish crossover and overall market activity suggest caution. Monitoring the key resistance levels and potential pullback points is crucial for making informed trading decisions.
by MonoCoinSignal
STORJ analysisSTORJ has a bearish structure. STORJ is constantly creating bearish BOS after its bearish CH It seems that the drop will continue until the demand range. We will look for buy/long positions on the specified demand Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
Looks Interesting HereTraders, Though the alts are waiting on Ethereum for confirmation of further price direction, Storj looks like it's found its support and local low here. It's been in this accumulation phase/channel since April and both the RSI and AO are suggesting is is time to run. Also, after breaking the upside of that huge bullish triangle, we have already gotten the retest out of the way. I don't know where it goes from here but I can imaging doubling would not be out of the question.
COINBASE:STORJUSDLong
by stewdamus
#STORJThe Storj currency has moved a full upward cycle, which is currently in the correction cycle of wave 2. This cycle can appear as a three-wave and prepare for an upward movement in the form of wave 3 or C in the specified range after the end of leg C. Therefore, for those who want to enter this currency in the weekly time, the correction of this currency has not been completed yet. Therefore, the possible movement of this currency can be according to the figure that I will update this post in the future after completing the corrective leg.
by alikze
2
STORJ Price RollercoasterThe price of STORJ has been on a wild ride in recent days. After reaching a high of $0.80 , the token experienced a significant plunge, dropping a staggering 50% to $0.40 Currently, STORJUSDT is trading at around $0.53 , indicating a slight recovery from its lows. This tentative upswing comes after the price found support at $0.47 . However, the market remains volatile, and analysts are closely watching for signs of a broader bullish trend. If the support level of $0.47 breaks, STORJ could experience a further pullback, potentially dropping down to $0.32 .
by Z4F4R