STORJ/USDT upward momentum? 👀 🚀 STORJ Today analysis💎 Paradisers, brace yourselves as STORJUSDT showcases intriguing dynamics, operating within a demand zone and hinting at the potential to challenge overhead resistance levels.
💎 A recent observation reveals its successful breakout from a descending channel, setting its course upwards. The initial expectation is for the asset to approach the supply zone at 0.4991. Should it surpass this level, the odds significantly favor a push towards the resistance at 0.6053.
💎 On the flip side, if the asset struggles to maintain its current momentum, there's a likelihood of a bullish resurgence from the .3848 level. However, a breach below this marker might steer the trajectory downwards.
STORJUSD
The key is whether it can rise above 0.4878 and receive supportHello traders!
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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 long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the STORJ symbol.
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 1H Analysis with Influences from 1D Fibonacci LevelsIn the STORJ 1-hour chart, a clear bearish trend is evident. While the provided technical indicators from the 1H chart mainly signal bearish momentum, the 1D Fibonacci levels could play a pivotal role in potential bounce-backs or resistance areas.
Analysis:
Fibonacci Levels (from 1D):
The current price of STORJ in the 1H chart is approaching the 0.5 level at 0.3669. This could act as a significant support, and if the price respects this level, we could expect some buying pressure here.
Should the price continue its downward momentum, the next major support would be at the 0.618 level (0.3253).
On the upside, the 0.382 level at 0.4084 might act as resistance if the price were to rebound.
Stochastic Oscillator: Given its oversold position, this suggests a potential pullback or temporary reversal might be imminent, which aligns well with the approaching Fibonacci support at 0.3669.
Bollinger Bands and MACD: Both indicators continue to indicate bearishness in the short term.
Most Probable Scenario:
The STORJ price is likely to continue its bearish trend in the short term. However, the 1D Fibonacci level at 0.3669 could act as a strong support. If the price respects this level, we might see a bounce-back or consolidation around it. If it breaks through, the next target would be the 0.618 level at 0.3253. Conversely, if a rebound happens, the 0.382 level at 0.4084 will act as a key resistance.
Conclusion:
While the STORJ 1H chart indicates a bearish momentum, the 1D Fibonacci levels can provide key areas of interest for potential reversals or consolidation. It's essential for traders to monitor these levels closely for any signs of price reversal or continued momentum.
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
STORJUSD Golden Cross formed but 1 year Resistance looms.STORJUSD is on a Channel Up approaching Resistance Zone (1).
There is high symmetry on the crypto's legs as this rise is coming off a Support Zone (2) hold.
The Golden Cross (1d) that has just been formed is technically bullish but needs a crossing over Resistance Zone (1).
Trading Plan:
1. Buy if, after a (1d) candle closes above Resistance Zone (1), the price pulls back near the MA50 (1d).
2. Sell if, after the price hits Resistance Zone (1) and fails to break higher, closes a (1d) candle under the MA50 (1d).
Targets:
1. 0.7700 (Resistance 2).
2. 0.3000 (Support 1)
Tips:
1. The RSI (1d) is on the same Channel Down as Jan-Feb 2023, which was when the price was in an identical Channel Up as now. Favors shorting.
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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.
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(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 price pumping. What next ?Over the past two weeks, the price of STORJUSDT has increased by +180%.
Why they decided to pump this particular coin is a mystery to us, it's just an old, unremarkable project.
But if you know something more, please write about it in the comments.
But there is one regularity: a year ago, in mid-June, there was a similar STORJ pump, followed by a long price drop with a new low.
We believe that this year's STORJ price will not update its low more. However, the chance to participate in the pumping and make money on it has already been missed, as the price has been pushed too high without a thorough good correction.
The probability that STORJUSDT may face a protracted and exhausting correction with a final target of $0.275-0.32 is quite high, this is -40%.
And then everyone decides for themselves what to do with the information we have shared)
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STORJUSDTHello friends. I hope you all made a profit from this scary Bitcoin candle. In this post, we will review the BINANCE:STORJUSDT . The conditions of this currency are as follows:
We had a big sharp move that led to a 185% increase in price.
But since then, the price has been falling without a retracement to this day.
This is a sensitive and important point for this currency.
Why?
Because in this range we have a strong weekly support area with high density, and this point is also the location of the 0.786 Fibonacci line, which can really be a good support.
I myself bought at 0.295 and consider the Fibonacci upper lines as my target.
Good luck and profit!
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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STORJUSD: Cup with Head and Shoulders 38,500% Upside PotentialSTORJ on the high timeframes has some huge logscale Bullish Patterns in the form of a 5 year wide Inverse Head and Shoulders as well as what could be seen as a Cup with Handle type of structure if we take the measured move of the pattern and apply it to the chart we find ourselves plotting the target of $180 upon breaking out of the pattern.
STORJBUSD buy callSTORJBUS is in uptrend and near the rising support
so a good time to buy
buy : 0.4010
sl : 0.379
stp : 0.4498
STORJ BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the STORJ symbol.
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
#STORJUSD - Fancy Going in for a 70% Long Trade?We're currently sat right on a critical level now, if the price can make a sustained break through this level of support we can see a path to $0.8 or more!
Keep your eyes on this one!
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
theCrypster
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!
STORJ CAN FO UPPERhi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the STORJ symbol.
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