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STORJBTC

STORJUSDT | Accumulation Before The Massive Growth!Hello, traders! Today we have a very interesting altcoin - STORJ, which is on the accumulation cycle now. This is usually the sign of the potential huge growth in the future. STORJUSDT ANALYSIS The price was in the parabolic stage of an uptrend and now it has a nice correction. Now the price is testing the weekly R1 level. The is a high probability that it can reach the weekly R2 because the MFI shows the bearish hidden divergence (downtrend continuation). The weekly R2 ($1.89) looks like a very strong support. In addition the 50-day ema is going to reach this level and support the price. STORJBTC ANALYSIS Here we can see almost the similar situation, but the price have already broken down the weekly R1 and is going to reach the R2 level. Taking in account that STORJUSDT and STORJBTC markets are related with each other we can conclude that there is a high probability that the price will touch the 50-day EMA before the growth continuation. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
4
STORJ: new ATH coming soon! (+23%)STORJ has broken out of its triangle after a period of consolidation and is on its way to a new ATH. STORJ provides cloud storgae through the blockchain similar to FIL (Filecoin) and has a lot more upside to reach fair valuation and reach the top 100. The coin is listed on all big exchanges including Coinbase Pro and with its current confirmed breakout I see a lot of traders adding this coin to their portfolio. Against BTC STORJ is very bullish and can surge up to 20-40%! Target price is between: 4,20 - 4,50$. TOKEN ECONOMICS: STORJ Price: $3.41 Storj ROI: 581.5% Market Cap: $459,740,809 Market Cap Dominance: 0.02% Circulating Supply: 143,787,438 / 424,999,998 Trading Volume: $872,950,937 Volume / Market Cap: 1.4918 24h Low / 24h High: $2.71 / $3.37 7d Low / 7d High: $1.41 / $3.23 Market Cap Rank: #143
Long
by cryptobullethbtcxlm
6
STORJ USDT www.tradingview.com STORJ has shown very clear sign of a bullish pennant. This means potential spike up for a short term trade for the breakout. The time frame, volume on main pole (as highlighted in red circle) followed by light volume building the flag has met pretty good structure to trade on. The upwards pole is to the high of ~140%, which expected to be the same coeff of the expansion of next pole unless there is changes in volume (decreasing). Otherwise, with alt season coming in April 2021 as the macro perspective, we might see a 10x coin here but thats will be my longer term target for 2 months. Alt coin seems like going to last a lot longer compare to 2017. It is just the beginning. This is my journal, not financial advise.
Long
by stantm23
STORJ BTC explaination of my previous analysis and resistances Hello everyone on my update of STORJ BTC analysis. After my last analysis of this pair I have received a lot of PM that my analysis didn't work out. As i don't want to explain this to each one of PM I decided that I will write it here so that everyone can educate themselves. 1. Yes price went over my resistance but no one mentioned that price at end of the day closed below the levels that I pointed out and as a matter of facts this mean that resistance worked out ! there was a test of breaking this resistance but was unsuccessful and that matters. I know that this breakout was huge but it was driven by momentum and hype, normally breakout of this kind of strong resistances don't have that big moves but anomalies happen. 2. Why it is important to keep in mind resistances? Because often price does a bigger correction at certain points, nothing goes UP forever. 3. Why is it important to take some profits at resistance levels? Because you have to keep in mind that some resistances might work as trend reversals and you may never get the same price or you will have to wait for a long time. I hope this 3 information will clarify my previous analysis. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Short
by Coder775
1
Possible cup and handle - SIA to start April with a BANG! Hi all, Main TA Points; *** 1. Weekly S/R flip confirmed. 2. Break and retest of 3 year down trend confirmed. 3. Decentralized storage platforms all performing strongly (FIL STORJ). 4. Critical fib level claimed, assuming S/R flip of critical level. 5. Based on above assumption we have a possible cup and handle patter. *** Talking Points; *** We are at the cusp of the start of a new month with a strong finish assumed for March. We would like to see price maintain above 44 satoshis which it looks like it will do over the next 72 hours. From a weekly perspective we could see a wick down in the low 40's but I would think its unlikely for us to go much lower. For those unfamiliar, SIA is in my opinion a top 5 coin from a fundamentals perspective and is vying for a large piece of Web 3.0 architecture. It has a working product, a capable team, and a foundation model ensuring its financial longevity. Having had a significantly longer than normal consolidation and accumulation period, historicals would suggest violent and powerful impulses will continue to follow from here until the end of the year. I believe April will see the bitcoin pairing at least swing to 60-80 satoshis with the upside up to the 200's range. Interestingly, both FIL and STORJ are also experiencing strong growth and SIA in my view being the possessor of a superior solution will also follow this strong trend. I would even say based on year to date growth it already has. We have also broken a down trend that has lasted some 3 years with an extended accumulation period. This is an extremely bullish sign and would signal that this is infact the start of SIA's bull run; even considering the strong growth that has been experienced up until now. Linked are my previous and most recent ideas which have been confirmed for SIA. *** Estimates; *** As a measured move we are looking to test the 63-65 Satoshi level. I have provided an conservative trade setup having set the stop loss just below the red ichimoku cloud. Please be mindful this is a high risk trade, the vanilla trade would be to enter at the break and confirmation of the pattern. If we hit this level in the first week of April we could actually see SIA climb into the 100's if not even higher. It is not impossible for us to revisit all time highs from a USDT perspective, in which case a run between 100-200 satoshis is certainly on the cards this month. Good luck, Please consider donating, following or leaving a comment if this analysis was valuable to you. SIA donations; 807db3f1186dd2a5a40418200064b44a94bffb0e32fac9e713923088a7e3bb0886c2d0281374 *** *** Any trading advice provided has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information provided you should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. You should seek professional personal financial advice before making any financial or investment decisions. All investment and trade decisions, no matter how well investigated, involve risk. ***
Long
by Traders-Corner
7
STORJ BTC approaching resistance levels !Hello everyone on my analysis of sotjr pair with BTC. I would like to point that this pair is approaching potential resistance at 61.8 fibonnaci level and also at 78.6 which looks in my opinion a bit more technical than 61.8 but as price made a huge move in past few days this may be a turning point for this pair or a bit of consolidation may occur at this level. This daily candle from today may be a "marking" candle this is what traders often call candles that are big and are made just to get to some kind of target on low volume and that is what we are seeing right now on storj. Also keep in mind that if BTC will move to the upside this action may drag price of alts to the downside, while price to USD will still rise. As of writing this price hit 61.8 fibonnaci and retraced over 100sat in 2 min. this doesn't have to be 10-20-50% retracement but you should keep this level in mind. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Short
by Coder775
2