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
Storjcoin
StorJ complete correction Today every data is in Cloud.. then Storj will become the future 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.
STORJ Story continues- Ascending traingle
- Bullish structure
- 9EMA curling away from 21EMA
Ascending triangles could break either way as buyers are eager to buy up the token in order to break resistance. However, it is definitely not a given that resistance will break.
Target will be the same height as the pole of the triangle. Which coincides with the daily resistance zone.
Stop loss set just below the 4H support level/
📤 STORJ breakout rejected? approaching key levelThe new daily candle appeared 5 hours ago at the time I'm posting this so don't get fooled by the wick, but it looks like the breakout was rejected and the price is heading towards the key level to test it as support.
Entry: buy between key level (1.25) and lower trendline of the formation -- or buy after successful breakout if the price gets rejected from 1.76 and pulls back
Long-term targets:
TP1: 1.76
TP2: 2.02
TP3: 2.59
TP4: 2.73
TP5: 3.76 (~200%)
TP6: OPEN++
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About 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.
Source: coinmarketcap
STORJ Likely to Find Support HereOn the 4 hour time scale you can see that STORJ is very perfectly bouncing off of the support lines that have been established by previous trends. I believe that this is a great buying opportunity at it is 15% off and looks like it's ready to begin recovery and markup in the coming days and weeks. This is not investment advice and please trade at your own risk, only trading what you can literally afford to lose. (That being said, if you HODL top 20 cryptos for a few years it's hard to lose).
STORJUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
STORJ (Storj) Tokens Analysis 29/03/2021Fundamentals:
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
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
Storj was founded by Shawn Wilkinson in May 2014. Wilkinson was a software developer based in Atlanta. He saw how blockchain technology could be leveraged to build a decentralized cloud storage network.
Together with his co-founder, John Quinn, the first white paper was published late 2014. Since then, the concept and details have changed. The current version of Storj, V3, was launched in the middle of 2019.
In addition to being a blockchain enthusiast, Quinn had extensive background in business development. Prior to founding his own projects (including Storj) he had been involved in the investment banking industry. The concept was finally incorporated as a company — Storj Labs Inc. in May 2015.
At the company’s inception, Wilkinson served as CEO. Later, he stepped down for a more experienced hand to take the wheel, with Ben Golub currently serving as CEO. Wilkinson is now the chief strategy officer (CSO), while Quinn serves as the chief revenue officer (CSO) as well as a member of the company’s board.
The platform was able to raise 910 bitcoin worth about $460,000 in 2014 in a public crowd-sale. They raised $3 million in a seed funding round three years later and then held a token sale, generating an additional $30 million that same year.
Technical Analysis:
the Price has touched the extension level 161.8% Fibonacci Projection and currently had retraced to the parallels leg of the same fib which the good sign of trend continuation to the 261.8%
there are total of 3 Targets which is the 161.8% fib Projection and the Past ATH and the other is the 261.8%, 361.8% with some price correction in between
STORJ 1D Global analysis, support and resistance levelsIn the digest Weekly section: Bitcoin weekend №13 , the most "+" collected analysis of the pair Storjusdt
Storj is a coin that hyped and participated in pumps before it process became mainstream in 2017.
At the beginning of 2018, an absolute maximum of $3.13 was recorded
And yesterday this maximum was updated to the level of $3.83 and even at super large volumes. However, at the moment, on daily candles, it looks like a false breakout.
In principle, over the past month, the price of the Storjusd pair has grown quite well, and from a technical point of view and analysis, a correction begins to suggest itself.
The correction to $2 or even to $1.40 would be very tasty to re-buy long.
Please write in the comments why , in terms of news and fundamentals, Storj should continue to grow?
_____________________
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STORJBTC - STORJUSD ENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
STORJUSDT Strong BuyHello Traders!
Below is the default MACD setting. you can see there is a big difference between macd lines and graph.
Graph has already crossed the previous high but the MACD is very far from the top.
In this case macd will not give a cross before breaking the MACD's previous high and now we gonna see some big bullish candles.
Hit the like button for the trades and follow to stay connect.
Enjoy the trades and be patient as this chart is in the D1 timeframe.
STORJ/BTC buy after Breakout !STORJ / BTC
🌟 Techincal Analysis 🌟
price is consolidating in traingle
RSI in bottom and oversold
Ema 20 act as dynamic resistance
Tested it one time
High potential next time will break
expected Breakout soon
BUY THE BREAKOUT OR AFTER RETEST
never trade blindly
Always Use stoploss ...
good luck and happy trading 🌹
STORJUSDT: Possible Long (18.11.2020)On D1, the price has broken the downtrend line and reached the resistance at $ 0.4.
On H4, the price has formed an upward impulse pattern, which may turn out to be part of a large zigzag pattern.
At the current moment, the price is decreasing in the expected correction for the local upward impulse. RSI is slowly declining towards the oversold level.
We recommend buying STORJ from the $ 0.3 level, as well as when the RSI reaches the oversold level on H4.
The target level for profit-taking is $ 0.55.
Storj/btc test key support 3rd timeStorj/btc test key support for 3rd time
And show binpar candels formation this is bullish signs
Along with alts season next wave soon
Storj can do amazing job
The key support level is around 2950-2750
Bulls now try to save this area
Good luck
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Bullish signs but pull back expected at THESE levelsThe current situation:
1. Price action previously broke out of the falling wedge pattern with a measured target of about 0.77 USD. Currently, it is apparently ranging in a symmetrical triangle pattern between the breakout point and the measured target while being above all moving averages on major timeframes, which is a bullish signal.
2. Possible bearish divergence can occur on the 4 and 6HR chart when price action reaches or beats the last high within the symmetrical triangle at about 0.52 USD without making a higher high on the RSI, which can signal a pullback.
Possible bearish divergence can also occur on all major timeframes if price action reaches or beats the last high from the falling wedge at about 0.745 USD without making a higher high on the RSI, which can also signal a pullback.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
STORJ.USDT (Y20.P4.E2).Macro.Looking for an entry.Hi All,
Keeping this short as its only the planning phase:
Storj did a nice reversal which was a beautiful clear setup which I missed out on, did not review the chart (bottom pattern was a reversal especially at the right fib level.) Chart below.
With a strong bounce with 4 impulses, one would think this is the top on this impulse so I'm looking for a pullback before taking the trade, as its likely to continue the uptrend in the micro level.
As the chart suggests, we can possibly have an inverted Head and Shoulder formation in the making.
Storj can still go higher so don't fomo in, look for that pullback.
On the daily chart, phoeix showing downward pressure with a current undecided candle. After 1 day, the next candle will give us the clue.
Observe the bottom formation:
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Please give me a like or tick for this post,
Regards,
S.SAri.
(ref. D.charts)
The other possibility, which I find more unlikely is a flat neckline for the inverse H & S
PREVIOUS POST was with BTC pairing
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STORJ/BTC Profit Update within Few hours#STORJ/BTC Profit Update:
Curent Price is 1740 Satoshi and I told you to entry at under 1600 Satoshi.
#storj now 8% up from our Entry.
Holding With Stop Loss.
8 hours Bullish Candle also Closed.
Targets = Resistance
Please follow me and like our IDEAS
thank you
STORJ/BTC Looks Incredible For Midterm..!!STORJ/BTC (Update)
- Falling Wedge Breakout in Daily Timeframe.
- Bullish MACD Divergence As Well.
- Volume Is Crispy But Need More For Healthy Uptrend.
- 150 - 200% Profit Expected in Midtrem.
- For Entry , Wait for Retest the Trendline
- Sell Targets For Midterm 2202 - 2480 - 3341 - 3924 - 5038 Sats
- Stop Loss Is Must (According to Your Risk)
Hit Like On Idea For Support & Follow Me For More Interesting Ideas.
Thanks