STORJ-USDT HUOBII use the exponensial moving average as a direction to find out whether the trend is up or down and as a benchmark tool uses Fibonacci to measure the extent to which the strength of this trend will lose momentum. For support and resistance security I use volume hopefully entertaining^^
STORJUSDT.P trade ideas
STORJ/USDT breakout pattern? [waiting confirmation]here is chart for STORJ breaking out the smaller trendline after btc pump
and potential to breakout from bigger trendline (4h)
just waiting for price to break out from bigger trendline
if price action is good and volume is big, hold tight STORJ to the moon!
please DYOR
STORJUSDT is creating a descending channelSTORJUSDT is creating a descending channel and now the price is testing the 4h resistance.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Storj Long (looking bullish)Storj Looking bullish....
Condition-
1. Prize need to hold trend line and channel support..
2. If BTC prize stable or goes upword then we see huge jump in prize.
Points to be noted-
1. If storj broke trend or channel support then we should book small loss.
2. Stop loss from current prize is almost 6%.
3. Take profit from current prize is 30% , 62% and much more.....
4. Our targets is depends on our channel resistances....
STORJ crypto is a good and future crypto.Educational Tip ** Strategy for drawing the support line of the last 72 days and good price response to it **
STORJ crypto is a good and future crypto.
Due to the general popularity of #cryptocurrency and the need for infrastructure and development tools in this field,
the need for tokens active in the field of data storage is more felt.
The upward trend line of the last 72 days has supported the price well and now the price is close to this support and the specified targets can be imagined for it.
If the market trend is still good, the set goals will not be far from the mind.
First Support: $ 1.58
Target 1: up to 7%
Second target: up to 21%
Target 3: 38%
Good luck profitable.
STORJ - Good timing to long with these TP/SLBINANCE:STORJUSDT
12H trend chart
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STORJ jsut met the condition of Vegas on 12H chart (Blue arrow)
And there is a downtrend line keeps resisting price.
So we can take entry here and add position after breaking out the trend line.
Both have good reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 2.1856----Fib(1)
b) 2.4145~2.5071--------Fib(1.272~1.382)
c) 2.7058----Fib(1.618)
d) 3.0273----Fib(2)
Stop losses:
a) 1.6630-----Red horizontal ray
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