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Storj / Bitcoin

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STORJBTC trade ideas

STORJ - UNDERVALUED AF ! BIG MOVES !"End-to-end encrypted, distributed object storage, where only you have access to your data. Powered by blockchain payments." "So how does Storj work? The application takes the files you'd like to store on someone else's hardware and encrypts them -- that is, it scrambles them using cryptographic techniques so that only someone in possession of a specific key can render them readable again. It then shards the files, meaning that it splits (and occasionally combines) them into fragments of uniform size. These are divvied up among different nodes for storage, so that a given file might be stored across a few continents." www.wired.com www.nasdaq.com
SLong
by uncleFA7HER
Storj/Bitcoin Long Setup This coin has a lot of bullish potential, as you can see from the chart the price has painted a huge triangle which can indicate a breakout and profit opportunity. You can set buy orders in the green box between 8,000 - 10,000 satoshies and set a target of 20,000+ satoshi. I would also like to mention bullish MACD cross upcoming if the price in fact would breakout, I have included two scenarios because a potential lower low is possible which being aware of multiple possibilities can give you confidence in your trading. :D
SLong
by NarkoTA
1
Storj (STORJ) Technical Analysis and Trade Set-up. Tune In!Welcome to my TA on BINANCE:STORJBTC ! I've been long this coin November of last year, but this is my first public analysis on it. I'm long-term bullish about this asset, as it seems to solve an actual problem facing us in the future. Considering the rise of IOT devices, it makes sense that even storage should be distributed with the ability to charge very small amounts of money for services. BINANCE:STORJBTC has taken a beating since COINBASE:BTCUSD took down the whole market, but I'm seeing a slowing of a downtrend in, what I think, is a preparation for a rebound. This has been a common trend that I've seen in smaller-cap cryptos experiencing a downtrend. Here are the key characteristics that I've been seeing: Established downward-trending channel Pattern of touches on a parabolic line, showing a flattening towards the right Healthy swings in RSI, with oversold indicators towards this flattening region What I'm seeing here is strong evidence of a flattening region in preparation for a reversal. The coming days will show us which direction we're headed. If we do see a reversal, I'll post another trade idea with buy in, stop loss, and trading targets. I'd like to hear your thoughts on BINANCE:STORJBTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are! *** This is not a recommendation to buy or sell, this is for educational purposes only! ***
Long
by dsgorthy
The Support Line: EP2 -- Price Action & Naked Charts!Howdy Yall! Today on The Support Line we are going to walk through Price Action, what it means, and how to find a trend using nothing but the price action. Furthermore its going to help us keep our charts clean, and can help us remove some silly indicators which we may not need! Whoa! Remember, if you click the share button towards the top right of this write-up you can choose "Make it Mine" and look at this chart in your own window, and you'll be able to edit it, and use the "camera" button to post it back here in the comments section... to ask questions, or ask for more advice. That is a great feature -- and I can't wait for one of you to use it! (Hint!)
SEducation
by blessmywork
7