STORJUSDT.P trade ideas
📤 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 USDT - Travelling in ascending channelSTORJ USDT - Travelling in ascending channel
Based on price action, adapt plan based on the price levels indicated in the chart
Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes off late.
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STORJ / USDT - Possible Bull RunPossible bull run to ATH in the coming weeks
Using the EMA 20/50/100/200 we can see how the EMA 20 breaks through and leads the way for the previous bull run.
Analyzing the graphs using the same EMA 20 breaking through we can see a similar bull run forming, which can take us all the way to ATH's
Daily Volume has increased by 21%, this can bring us to a new ATH.
DISCLAIMER:
-THIS IS NOT FINANCIAL ADVICE, IT'S JUST MY HUMBLE OPINION.
-I OWN STORJ IN MY PORTFOLIO.
STORJ/USDT - 121% potential setupHello Traders!
Volumetric and cluster analysis shows an increase in demand for STORJ from buyers.
It is possible to consider buying in the middle term at the correction in two ranges:
The first part in the $1.28 to $1.47 range.
The second part in the range of $0.98 - $1.17.
Stop loss at fixing under the $0.75 price level.
The targets for purchases will be price levels:
$1,83
$2,25
$2,60
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice