STORJ / USDT Set for a Bullish Breakout! Key Targets in Sight!STORJ/USDT Technical Analysis:
On the 1-hour timeframe, STORJ has confirmed a long trade entry at 0.4484. The bullish momentum is backed by the Risological Dotted Trendline , which signals a strong upward trend. This setup shows potential for a series of target achievements as the price inches closer to critical profit levels.
Trade Summary:
Entry Level: 0.4484
Target Levels:
TP1: 0.4800
TP2: 0.5310
TP3: 0.5820
TP4: 0.6135
Stop Loss: 0.4229
With initial target levels approaching, STORJ’s momentum could bring gains as it heads toward the upper profit marks. Watch for further bullish action!
STORJBTC
#STORJ/USDT#STORJ
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.3600
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3940
First target 0.4390
Second target 0.4720
Third target 0.5092
STORJ ANALYSIS (4H)Storj seems to have entered a diametric recently.
We now seem to be in wave F of this diametric.
We are looking for buy/long positions in the green range.
The targets are inserted on the image.
Closing a daily candle below the invalidation level will violate the analysis.
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 TO GO 2X FROM HERE!With the recent growth in the price of SEED_DONKEYDAN_MARKET_CAP:STORJ coin, and having bullish environment it could be predicted that price is really handsome for coming days, aiming 0.55 as the first target. And if the bullish momentum continues we will see price surging towards 0.72, 0.99 and 1.11 level in coming weeks.
However always be prepared foe small fluctuations in between.
STORJ analysis (12H)From where we put the red arrow on the chart, STORJ correction has started.
It looks like our pattern is a diametric.
The red area is where we look for sell/short positions.
The target can be the green box.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
STORJ analysisSTORJ has a bearish structure.
STORJ is constantly creating bearish BOS after its bearish CH
It seems that the drop will continue until the demand range.
We will look for buy/long positions on the specified demand
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
STORJ ANALYSISThe STORJ correction has started from where I entered "start" on the chart.
It appears to be forming a triangle or more complex pattern.
Now it seems to be at the end of wave C.
The long shadow range (which I marked with LSH) is a support.
A reversal is expected from the LSH range to the red box and then move to the lower box.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#STORJ/USDT#STORJ
The price is moving in an upward channel on a 12-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 0.6200.
We have a trend to rise above the Moving Average 100 after breaking it down
The RSI indicator has a downtrend that is expected to be retested
Entry price is 0.6888
The first target is 0.7788
The second target is 0.8669
The third goal is 0.9858
#STORJ/USDT#STORJ
It is moving in a bearish channel on a 1-hour frame, and the price committed to the green support area at the level of 0.7300.
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 0.7538
The first target is 0.7665
The second target is 0.7852
The third goal is 0.8090
STORJ LOOKS BULLISHAccording to iCH and iBOS and the expansion of the Demand area, it seems that Storj can move towards the targets.
In terms of time, a good amount of time has passed since the drop.
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 - 1267% profit in 2024, buy nowSTORJ looks incredible. We can see that the price broke out of the falling wedge - bullish reversal pattern on the weekly chart. Always look at the volume indicator to confirm the validity of the breakout. If we take a look at the volume indicator, we can see that the bullish volume is overwhelming, which is very positive! What's more important is the Elliott wave analysis. My analysis suggests that we started this uptrend with a strong impulse wave of 12345. That's the dream of every Elliott Wave trader. What we want to do is buy the correction of this impulse wave. Wave (2) should be complete, so it's good to buy this coin now. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is Storj?
Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.
In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.
Two years later, an updated white paper was published. Here, a decentralized network — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.
People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.
What Makes Storj Unique?
As a decentralized cloud storage network, Storj is unique in more ways than one. For one, unlike traditional cloud storage solutions that store data in huge data centers, Storj runs on a network of thousands of independent computers.
Anyone with a few extra terabytes of space can become a node on the platform by installing Tardigrade. All that is required is a strong and consistent internet connection.
The efficiency of the network means that hosts pay far less for the storage of their data than when employing traditional cloud storage services.
STORJ will have another bullish jumpThe structure is still bullish, we only had one bearish CH which indicated that we might reach the important OBs below. The price movement has slowed down and the presence of buyers can be felt a little
storj is approaching a strong support area. We are looking for buy/long positions in the green area.
We marked the targets on the picture
.The stop should be placed somewhere under the green box.
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 will grow nearly 1500%It seems that the last correction wave is left from the big D wave. The D wave was a diametric one, and only the g wave remained from this wave. After completing this wave, we can expect storj to enter the big E wave. I specified the support area and targets.
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-USDT NEW INCREASE LEVELThank you for reading this update. Please remember that this is not advice
Depending on our study we see that STORJ has a good chance of volume increase.
This update depends on the day trading, the price action can increase in the coming time, and the market will show which targets this coin can increase.
* This updates depending on day trade, and it's possible that we can see an increase, and after that a return since it's crypto.
STORJ/USDT Alert: Double Bearish Pattern! Exercise Caution. 🚀🐻📉 **Crypto Insights: Unveiling Storj/USDT's Double Bearish Pattern! 🐻📊**
Attention crypto enthusiasts! 🚨 A potential double bearish pattern has emerged on $STORJ/USDT. 📉 Before diving into the bearish waters, conduct your analysis for confirmation. Remember to implement risk management—set a stop loss at 0.95. Opt for low leverage and minimal risk to navigate this trade securely. 🚀✨ Enjoy this unique analysis with Bitxer, and may your trades be both wise and prosperous! 💹📈 #CryptoAnalysis #TradeWise
STORJ/USDT Short with Bitxer: Crafting Success in Bearish Waters🔥 Bitxer's Free Trading Signal 🔥
Symbol: STORJ/USDT
Position: Short
💰 Wallet Allocation: (30-40%)
🎯 Targets:
1. 0.6732
2. 0.6441
3. 0.5672
4. 0.4917
🛡️ Stoploss: 0.7832
📈 Disclaimer: I am not a financial advisor. This analysis is for informational purposes only. Enjoy these free signals and trade responsibly.
Happy trading and good luck, Bitxer! 🚀📊🤞
The key is whether it can rise above 0.4878 and receive supportHello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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(STRJUSDT chart)
If it receives support in the 0.4292-0.4878 range and rises, it is expected that a full-fledged upward trend will begin.
(1W chart)
However, a rapid upward trend is expected to begin when the box range of 0.6939-3.1133 is shortened and a new box range is formed.
Therefore, it is expected that the price will rise above 0.4878 and shake up and down, creating a new HA-High indicator.
(1D chart)
If it rises above 0.4878 and becomes supported, the first support and resistance area is expected to be around 0.6571-0.7225.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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STORJ is close to dropStorj has been stuck in a resistance zone for a long time.
Now a trend line has been broken and the price hit it in the resistance zone and some new resistance zones that you can see on the chart with the names of mitigation OB and supply.
In my opinion, storj can move towards two announced targets from here.
I specified the invalidation level, closing 1 Daily candles above this level will violate the analysis
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
Will STORJ remain bullish?STORJ has been bullish for several days.
It has hit an important node, which is the origin of the downward movement.
It has a high chance of downward rejection.
I am looking for SELL/SHORT positions in the lower red box.
A daily candle close above 0.4444 will violate this analysis
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
The key is whether it can be supported above 0.3799Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(STORJUSDT chart)
(1M charts)
The key is whether the price can be maintained by rising above 0.4292.
(1W chart)
The key is whether it can receive support around 0.3457 and rise.
When rising
1st: 0.4420
2nd: 0.8409
We need to check whether we can receive support around the first and second rounds above and continue the upward trend.
(1D chart)
The 0.3799 point is an important volume profile section.
Therefore, the key is whether the price can be maintained by rising above 0.3799.
To do this, we need to make sure that the price can be maintained above the HA-High indicator.
Currently, the HA-High indicator is formed at 0.3301 and is showing signs of forming at 0.3382.
Accordingly, it is necessary to maintain the price around 0.3301-0.3382 or higher and then check if it rises above 0.3799.
Since there are no strong support or resistance points above 0.3799, caution is required as rapid movements can occur in an instant.
If you respond by selling in short installments, you are expected to get good results.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Storj Analysis (4H TF)After where I inserted the G, an up move has started which could be an ABC or WXY combination.
I specified two TP. I also specified the invalidation level that closing 1 4-hour candle above this level will violate the analysis.
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