STORJETH - After a Huge Short, you ready for a Huge Long Trade?We've just closed a truly epic downward move with Storj, netting 65% on this short trade through Crypto Tipster v2 - and we've jumped straight into a Long trade as the price appears to be bouncing off strong levels of support; there's not going to be much resistance (if any) for a good 50% gains on the flip-side!
Keep your eyes on this space!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Storj
STORJ CAN FO UPPERhi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the STORJ symbol.
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
✳️ Storj Breaks Out Of Long-Term Downtrend, Classic SignalOne of my favorite signals which is now a classic is based on MA200.
I discovered this one years ago and it produces great results, a very high level of accuracy.
When MA200 points down, the trading pair tends to go up.
MA200 works as a magnet pulling prices towards this average.
MA200 is the back line on this chart.
Notice how it curved down recently... As this is happening Storj is starting to show reversal signals.
We have the long-term higher low.
The strong RSI.
Trading above EMA10, etc.
As MA200 points down... The trading pair goes up.
Easy 44% on the initial breakout.
More in the weeks to follow.
Namaste.
STORJ pumped 17%. What's next?Hello, dear TradingView members.
This is a STORJ idea.
STORJ moved 17% up and got rejected by solid resistance, and now it's back to 6%. The Bollinger Bands are getting smaller, and the price has crossed the middle band, which means we can see more current declines.
Scenario One:
The price will consolidate on the local support for a while and then moves back up for a retest.
Scenario Two:
The local support level won't hold the price and will fall on lower support levels.
RSI is Neutral, and the price has more room to go up or down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
STORJ falling wedge and even AB=CD#STORJ/USDT
$STORJ is below upper line of falling wedge pattern.
🐮 breaking out from the upper line will increase price to resistance zone around $0.75.
also if price holds the support of 0.786 fib level, it can rise to complete the AB=CD pattern at around $1.25.
🐻🐮 I think it is possible that price tries to touch the lower line of wedge before breaking out the upper line which would be a better entry.
May the 50 day moving average shine upon you!Traders,
In this video I discuss all of the normies: Bitcoin, the dollar, the vix, us oil, SNP (spy) and we'll cover some altcoins. Plus, we talk briefly about FTX.us trading stocks, the Solana hack, and I'll show you a few of the indicators I am eyeing up before entering a trade this week.
Stew
A list of altcoins that I am currently eyeing up can be found here :
www.tradingview.com
STORJBTC - Ascending triangle on the weekly! + Record volume- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern.
- If we take a look at the volume indicator - there is a massive volume spike, which is positive.
- The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest!
- You can buy a breakout above the ascending triangle and take profit at the all time high level.
- 20x is possible in next months!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Bear Market = Altcoin Season? BTC and ETH Losing Ground to AltsBoth stocks and crypto markets have been down in most of 2022 (largely due to inflation, rising interest rates, and talks of an upcoming global recession), but in the last month we've seen a few interesting patterns emerge:
- Proof-of-Storage coins, particularly Chia Coin (XCH) and STORJ (STORJ) have seen very favorable gains.
- The two major crypto coins, Bitcoin and Ethereum, has actually been performing worse than the majority of "altcoins" out there - a sign that crypto investors are reallocating their portfolios towards alts.
- Weekends are usually when crypto investors typically make their move - and we see that coins that offer staking rewards (interest rates start to look more favorable during recessionary periods) have been gaining ground. (XTZ +4.5%, ATOM +4.5%, MATIC +3%)
This is a PSA but beware of newly minted coins' "staking rewards" because a lot of them are based on the idea of certain assets (BTC, ETH, even fiat) always going up. When that inflow dries up, we're going to see a lot of services and platforms go through a LUNA-style collapse - if you don't DYOR carefully here, you may get caught up in the storm. Many coins that currently offer "staking rewards" have cut a lot of corners to keep up with last year's hype and is living on borrowed time.
cobie.substack.com
In theory, Layer-2 coins built on top of the EVM network operate independently of ETH's price, but we don't actually know all the details of what goes on behind the scenes - some of them may collapse just as well if their model has been reliant on speculative gains on ETH itself. (Something that the project teams will never admit to, even if true.) Time will tell whether it turns out this way or not, of if the Merge in August will stabilize or destabilize these economies as a whole. A lot of uncertainty in the big-name coins right now, either way - meanwhile, altcoins have been gradually chipping away at their lead.
#Storj/ #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!. ---
Note that trend line is very important in technical analysis and most traders trade with trend line failure.
The same thing happened in the storj / usdt chart
- The trendline is broken and pullback is done
Storj go to the Moon 🔥Most of my indicator are showing the bullish move in upcoming day.
If it will break 0.74$ level, we'll see a rally to 1$, because every time we saw macd up cross, after that we have seen significant growth.
Furthermore in terms of examining patterns, we have a reliabe double bottom pattern in 4H TF.
NFTs Are Here to Stay: Proof-of-Storage Makes its MoveBack from NFTNYC 2022 (was showcasing and promoting our new company there) and the biggest takeaway from the conference was the NFTs are here to stay, despite the downturn in the markets right now.
But during this period of market consolidation there have been a few "spikes" among select alt-coins as people start to tighten up their wallets and look for projects that have more utility over hype. The last few weeks have been very good for projects associated with decentralized storage systems, which includes STORJ and XCH (Chia Coin), which has basically outperformed every other crypto asset out there. (50%+ in the last few weeks.) These are the "signs of life" investors often look for to see if a project has "resilience" against the typical waves of ups and downs.
Proof-of-storage projects have potential large upsides - especially in the long-term - because while betting on which NFT project is going to "moon" can be extremely risky, it's a "sell pickaxes, not gold" situation where you can potentially profit off of regardless of which NFT collection themselves do well. Especially with security vulnerabilities starting to emerge as people realize that many NFT collections (including big-name platforms like OpenSea) are not actually decentralized and may be vulnerable to hacking or company bankruptcy.
In the past the question was - "are people going to care enough to protect these .jpgs in the proper way?" It seems like the answer to that is yes, and projects that already have solutions to said problems are likely to do well, long-term.
STORJ price movement predictionSTORJ .. enter on support bounce... once it breaks above weekly - it will be in LOW VOLUME NODE territory .
Market Cap 341.7M
DYOR ( do your own research )
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR