Storj
STORJ Rallies After Release of IPFS Pinning ServiceProof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a (closed) beta for an IPFS Pinning Service similar to Pinata and other IPFS services, which probably explains the jump that happened this week in its price.
IPFS is a complex, often misunderstood technology - what exactly is "Pinning" and how does it play into the broader picture of Web3 projects?
Filecoin and Monaverse: A High-End Metaverse/NFT PlatformFilecoin rallied this week in anticipation with its partnership with Monaverse, a new metaverse contender that focused on high-end, professionally built metaverse environments. A quick look at Monaverse and Decentraland - their pros and cons -- and why Proof-of-Storage projects are likely to do well regardless of who wins the race towards the most popular metaverse.
storj after nice uptrend expect to go long at this support I expect first all crypto market go up in few days
storj was very nice move up and I expect another move after retesting support and other indicators which coincide in this area
so here is signal
entry storj
0.9799
SL 0.963
tp1 1.01
tp2 1.0851
this short trade scalp market is fast and better take some profits and move on
of course if you have time its always good idea to leave around 10% of trade for moon shot
like and follow and I hope you make some profit
I put many long ideas today dont risk too much if you enter in one trade rest skip or only enter significantly lower hence I have waves coin if one one trade get stopped out we have other trades waiting
if high of coin changes before entry then order is invalid also its invalid after 3 days
STORJ/USDT - 86% potential setupHello Traders!
The STORJ price received a new base of support from buyers in the $0.77 - $0.98 range on the market correction. Then momentum is needed to exit the downtrend and go beyond the resistance level of $1.28
Buy entry can be looked for in the $0.77 - $0.98 range. It's worth closing the deal by a stop loss only in case of withdrawal under the price level of $0.71.
The targets for short-term purchases will be price levels of $1.57 and $1.83.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Storj STORJBTC - Ascending triangle on the weekly scale!- STORJ - Rank #128 - Token.
- On the weekly scale we can spot a beautiful ascending triangle, bullish pattern.
- Also the price recently broke out of the falling wedge with a successful retest.
- We can target a previous all time high as a profit target.
STORJ crypto is a good and future crypto.Educational Tip ** Strategy for drawing the support line of the last 72 days and good price response to it **
STORJ crypto is a good and future crypto.
Due to the general popularity of #cryptocurrency and the need for infrastructure and development tools in this field,
the need for tokens active in the field of data storage is more felt.
The upward trend line of the last 72 days has supported the price well and now the price is close to this support and the specified targets can be imagined for it.
If the market trend is still good, the set goals will not be far from the mind.
First Support: $ 1.58
Target 1: up to 7%
Second target: up to 21%
Target 3: 38%
Good luck profitable.
STORJ - Good timing to long with these TP/SLBINANCE:STORJUSDT
12H trend chart
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STORJ jsut met the condition of Vegas on 12H chart (Blue arrow)
And there is a downtrend line keeps resisting price.
So we can take entry here and add position after breaking out the trend line.
Both have good reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 2.1856----Fib(1)
b) 2.4145~2.5071--------Fib(1.272~1.382)
c) 2.7058----Fib(1.618)
d) 3.0273----Fib(2)
Stop losses:
a) 1.6630-----Red horizontal ray
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Have a nice trading!