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Storj

Storj Time Is NowStorj coin seems to find a strong support near 5k satoshi. This support is confirmed by a 127.2% Fibonacci retracement level of the last corrective wave up. At the same time, STORJ/BITCOIN already rejected this price in the past, while between 21st and 23rd of October a small double bottom was formed. Now as the price returned to this level, once again it is acting as a support. If the support holds it should result in a corrective move up or even a trend reversal.  Nevertheless, the minor resistance at 6.6k satoshi should be watched as a break above should provide more strength to the Strorj against Bitcoin. A daily close below the key support at 5k satoshi could invalidate bullish outlook.
Long
by CryptoPAMM
12
SC/BTC Bigger picture -> Possible 400% profitSia just completed a full impulsive and corrective Elliot Wave. Right now with the hard fork successfully completed the momentum is on Sia's side. Around 65 sat is a brilliant time to buy in and ride the next leg up. If you plan to hold to the final wave a 400% profit is not out of the question. Stop loss at 55sat. Thanks for reading, make sure you give this analysis a thumbs up if it you liked it and, as always, make sure you do your own research!
Long
by jakob299
13
STORJ/BTC 1H Kumo TwistThe previously thick cloud, recent kumo twist, and bullish tenken are suggesting a possible bull run here through the cloud. The long flat line at the top of the cloud serves as a good indicator of resistance and a decent target for a short term trade. This target also lines up perfectly with the 0.5 fib if you retrace from the ATH to the local low. The ATH would be the longer and riskier target here but would probably warrant more bullish signals from the 4h chart. Trade is invalidated if price falls outside of cloud.
Long
by dukeofdolma
STORJ / BTC - BUY - Potential is real ....STORJ to me is a good-to-invest coin/share that has just the right-simple-business-idea that would work (like Google Drive or Dropbox, etc. you know what I mean)... However, it is in a crypto market that highly speculative. With that in mind, we need to pick the right time to enter the market. So, I believe, NOW is the time! Here are the reasons: 1. The position: It is now sitting at the bottom of a long, consistent channel that worked many times. It is heading upward so now till when it will EXPLODE is only a matter of time. To me, the earlier you get in now the better. You can hold as long as you like but if not, you can wait till it gets to the top of the channel and dump, and hope you make some quick bucks! Either way, you have my blessing!! <3 2. The momentum: Just right now, as I am writing this post, the momentum is picking up. More and more people are on the buy side and if you can see it is "all" view not just 25%. i.imgur.com 3. The big picture: As I said, you can look at it from all angle and this is a sweet BUY! Technically speaking: it is at a bottom of the bullish channel. Crypto-technically speaking: a coin that is now ranking at 80 on coinmarketcap.com with that price vs circulating supply vs market cap is extremely rare at this stage. One possible contender would be ASCH but it doesn't have other positive facts as I stated above. Also STORJ is listed on BITTREX which I would consider much safer in the long run. The only lacking now is a really big whale to come in and pump it up to start a whole new mega-bullish-trend. imgur.com MY PERSONAL BUY RATING: 9/10 PS: I wouldn't suggest something that I wouldn't trade myself so you can see the yellow line in the chart is my point of entry. Good luck everyone! <3
Long
by LeoTran
2
[TRADE IDEA - FORECAST] STORJBTCIt's a brand new coin and there's not much intel so we can make a better-educated guess so let's see what we have. First, let's keep with the basics: Look at this last rally up, we all know: everything that goes up too fast tends to readjust, so waiting could be your friend to avoid a massive dump. Second it's very close to the "oldest" resistance level which is reinforced by the fibonacci level at 0.000108, so the downside is huge. Even though the volume is increasing, this is expected in such a new coin, so I would not count this as such a positive indicator. The rest of indicators show a very overbought position plus sellers are passing buyers, so it's very likely to a readjustment. A safe approach would be waiting a couple hours and see if it will readjust close to the up trend support(green arrow) so a good buy level with a smaller down side would be around: .000095-.0001 and watch close to the .000108 resistance level. Or in case of breakout which is possible despite the indicators(it's a "new coin" so usually TA is not very reliable in this case) a safe abroach would be buying above the highest candle that closes COMPLETELY above the .000108 resistance level. I like to measure with 1h candles to be safe, you can use smaller time frames if you feel comfortable - the longer the safer. In case of breakout sell target would be around: .00014, if it fails to get there get out quickly profitable, better a small smile than a big tear. Good trading,
by spectertrading
3