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
Storj
Storj getting of the bottomFibbonaci looks OK.
(Stoch) RSI also.
Volumes are slowly rising again.
It's time for smaller alts to rise.
(check Related Ideas)
BUY SIGNAL FOR STORJ (STORJUSD)After its raise last night (from 0,65$ to 0.98$), I'm pretty confident STORJ is going to grow in the short term, probably in the 1$ area soon. The idea of this project is pretty cool, and it could become one of the main competitor of Dropbox and any other cloud service out there in the cryptocurrency world (if not surpassing them) since its really low prices. Let me know what you think!
[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,
Sia BUY OpportunitySia is currently currently in a falling wedge and looks extremely oversold on the daily chart. RSI hovering around 20, MACD flat. With a big new release expected in November and as bitcoin's price retracement looks more and more likely I believe Sia to be one of the better buys you can make right now. Target entry is around 55sat if falling wedge is broken, first target 200sat, final target between 400 and 500 sat.
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!
STORJ/BTC Cup and Handle formation in sightAfter a hard correction from August's 0.000708BTC high STORJ finally found bottom at 0.000101BTC . Given that Filecoin (an upcoming STORJ competitor) raised 200 million USD it shows that investors see huge potential in distributed storage. Because STORJ has a fully functional product (unlike Filecoin) I consider it a top pick for investors in the following months. Target entry is anywhere on the cup's trendline depending on when you are buying in. Make sure you follow Fib retracements closely. First target around 0.00046BTC, second target a bit under 0.00070BTC. Stop loss if a full day's candle closes under the trendline.
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!
$storj - Storj Support Buy In OpportunityStorj, Sia, MaidSafe and Filecoin are all built with a native storage marketplace where users and hosts can buy and sell storage space.
I believe Storj's partnership with FileZilla is huge, and such a strong and bold partnership this early I feel like Storj is being slept on. Not only that but we have already called support trades on Storj before yielding 25-50%+. I think the core thing Storj has going for them is being ahead for the most part, constant updates to their platform and a growing community. Storj still has several exchanges it could hit that would grow the coin even more and I think this coin has a bright future. If we manage to hit the previous all-time high from this area it's a 6X Return on your investment, selling on the way up will obviously also give us strong returns. We can look at the fibonacci lines as potential retracement zones, or momentum breaks on the way up to this 6x. If we break the current support, I would accumulate more Storj on the second support line drawn beneath it as well