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Storj

✴️ StorJ | Ready To Follow Bitcoin (Name Your Altcoin #44)StorJ is looking great on so many fronts as is the entire cryptocurrency market. Let's dive into another analysis of the Name Your Altcoin series, thanks again for your amazing support. The first signal that is about to develop is the bullish cross between EMA50 and EMA100. This is yet to fully develop but a strong bullish signal. The EMA50 line is crossing upwards, north, on the bull-side the EMA100 line. When you see this happening the market is surely heating up. The RSI super strong, it has been strong starting the first half of January, this is true for Bitcoin and most of the altcoins within the cryptocurrency market. The correction from 9 to 14 Feb ended perfectly at EMA50/EMA100, which coincides perfectly again with the 12-May 2022 low. We expect massive growth above these levels. First target is EMA300 at 0.5870, so easy that we will ignore it and jump right to the next one. 0.618 Fib. extension for 68%, easy as well... Next is a strong one for 250% at 1.4938. Finally, we can see an astonishing 430%+ at 2.2691 but this is on the long-term. I mapped these on the chart for your convenience. Thanks again and see you on the next one. Namaste.
Long
by MasterAnanda
3
Long Entry at LT Support and Falling Wedge Breakout for STORJGreetings, Snipers! The crypto market had a lovely rally yesterday, which opened doors for some delicious breakout sniping! My eyes are on STORJ: The price earlier hunted for stops at $0.24 and bounced to complete the falling wedge pattern STORJ has now broken out of a long-term falling wedge STORJ is re-testing a strong long-term support (since 2020) at $0.26 In the past, STORJ has the tendency for quick, strong rebounds In the shorter time frame, we can trade this channel: We can take a long-entry now, at $0.26 - $0.29, and sell at $0.447 for a Risk-Reward ratio around 5x (SL at $0.234). Other resistance levels are marked on the chart. Please be mindful that Bitcoin is testing a strong resistance at $17,500 - $18,000, so manage your risks well as most cryptos move with Bitcoin! Happy Sniping!
Long
by KryptoSnipers
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! :)
SLong
by theCrypster
✳️ 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.
SLong
by MasterAnanda
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.
by ShawnMCR
4
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"!
Long
by UnknownUnicorn2537518
3
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.
Long
by RyanTanaka