STORJBTC trade ideas
‘The Calculator’ - Analysis #36Although many trades could be taken based on the underlying math of ‘The Calculator’, my own (conservative) trading rules say that it’s NOT about the quantity of trades. It’s about the QUALITY of the trade. I call it ‘predictable probability’.
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With all that being said, I am NOT a professional trader. I DO NOT provide investment advice. This content and the data provided in the indicator is based on my live and simulated, personal observations and is intended for educational purposes ONLY. YOU are responsible for ALL your trading decisions and ALL subsequent tax ramifications. Past performance DOES NOT guarantee future results.
STORJ IS READY TO MOONBased off of the volume that people are holding of STORJ and how the support levels are staying consistent, this coin is just waiting for a feeding frenzy, BUY WHILE YOU STILL CAN DONT MISS OUT
STORJ, H4, BuyMany of you when you see the chart coin up, then ask if it is uptrend or not. I would like to use the chart of medium-term STORJ as an example:
You can see on the chart that I paint STORJ is entering the support Buy pretty well, the buy zone in the bottom half of the blue box (area 36 - 39), the SL area under the purple line. After this buying cycle, the bull market will rebound to 5858, correcting the 4311 zone and ending at 73xx. Target price reached 117% of profit. The target price may be higher, we will update when the cycle 1 is accurate.
However, you can see that STORJ is still in the long-term downtrend. The rally in October is likely to be just a quick rally, and STORJ will continue to fall further to 95% below the 1000 sts. We are temporarily measuring the 308 zone. This will be the end point for the bear market and start a new rally.
That means that the market has not been uptrend, the market is correcting the increase in the medium term, the coin tends to return from 50-200% of the bottom created and then continue to decline. So you should be very alert, protect the account, raise the SL and keep the original transaction. Wish you successful trading!
Storj / btc bull run Buying price around 5209 - 5205 ...... selling price around 5550 first target second target around 5730.
From The Crypto Zone
Manubyebye
Crazy run by Storj on the background of incomprehensible marketWhile most of altcoins are in the ''flat'' position or going down, Storj has showed a growth of more than 10 % per day. Analyzing the 3 hours bar chart, the rise began on October 8 and and the peak was at the level of 5757 satoshi on October 11. According to the technical analysis, the support zone is at the rate of 4500 satoshi. Thus, we also see a pattern ''head and shoulders'', as after uprising candle ''bears'' fixed their profit and started to sell the token. However, Storj's price have not fallen down and now it is traded between the levels of 5100 and 5500 satoshi.
In addition, fundamental part also has played a crucial role in this growth. Storj will be at Ethereum's and Devcon4 event in Prague on October 30. Furthemore, one of the team's developer spoke to Coinbase's People of Color Employee Resource Group about the history of Storj and decentralized cloud storage platform. So, we can just tell them to keep it up.
STORJ/BTC - 30% PROFIT POTENTIAL!STORJ has formed what could nearly be an ascending triangle, with a series of higher lows and nearly equidistant highs with a slight variation to the downside.
Now is not the time to buy into STORJ, unless volume really cuts loose here and we break to the upside out of this pattern. I don't see that happening now, I feel it's more likely, even with this impressive bullish candle that we pullback from here to gather even more momentum. You can just look at the period of consolidation, which generally measures to the size of the breakout. We can see, the longer the consolidation, the longer and more sustained the bullish movement is. There was very little consolidation for this current move, therefore it's destined to pullback in my eyes.
You can see we've ranged from the .618 to the .236 measuring the true high to the true low on this current pattern. I'm quite excited with this chart, I think this is a good one.
DMI negative momentum continues to fall, positive continues to grow and the trend is strengthening. The range is contracting, which will lead to a volatile spike, our stochastic is nearing oversold levels again. RSI does not confirm this, but it's the only indication we have that's slightly bearish. Recent price action and volume also strengthen the bullish case.
Potential targets upon the breakout are charted as our previous resistance levels, and from current price (which is higher then what our buy in will be) to the final target is 30% potential for profits. Patience, and choose your entrance wisely.
STORJ/BTCRisk : High
Coin: STORJ/BTC
Exchange: Binance
Entry Zone: 0.000043 or under
Target 1 sell 50% : 0.0000473 (10%)
Target 2 sell 25% : 0.0000517 (20%)
Target 3 sell 25% : 0.0000579 (33%)
Stop Loss: 0.000039
Comments : RSI uptrend
Break the fib 0.055 resistance
Volume increase
Start a uptrend channel