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Storj / TetherUS PERPETUAL CONTRACT

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STORJUSDT.P trade ideas

STORJ - 1267% profit in 2024, buy nowSTORJ looks incredible. We can see that the price broke out of the falling wedge - bullish reversal pattern on the weekly chart. Always look at the volume indicator to confirm the validity of the breakout. If we take a look at the volume indicator, we can see that the bullish volume is overwhelming, which is very positive! What's more important is the Elliott wave analysis. My analysis suggests that we started this uptrend with a strong impulse wave of 12345. That's the dream of every Elliott Wave trader. What we want to do is buy the correction of this impulse wave. Wave (2) should be complete, so it's good to buy this coin now. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. What Is 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. What Makes Storj Unique? As a decentralized cloud storage network, Storj is unique in more ways than one. For one, unlike traditional cloud storage solutions that store data in huge data centers, Storj runs on a network of thousands of independent computers. Anyone with a few extra terabytes of space can become a node on the platform by installing Tardigrade. All that is required is a strong and consistent internet connection. The efficiency of the network means that hosts pay far less for the storage of their data than when employing traditional cloud storage services.
Long
by Xanrox
5
STORJUSDT Pursuit of a 136% SurgeSTORJ has been a fascinating case study since September 2022. The lingering battle below the psychologically significant $0.5 level lasted a whopping 400 days, creating a formidable supply zone. However, the tide turned in November 2023, witnessing a breakthrough marked not only by a breach but, significantly, under the weight of intense buying pressure. The subsequent solid price surge propelled STORJUSDT to new heights, only to gracefully correct and find support near the once-elusive $0.5 mark. What was a supply zone has now metamorphosed into a demand area, accentuated by a bounce off the simple uptrend trendline, effectively validating the prevailing uptrend. With confidence, we can assert a high probability that STORJ is likely to continue moving north. A noteworthy expectation is the formation of a double top near the $1.2 resistance zone, aligning harmoniously with the 38.2% Fibonacci retracement levels. When/if this milestone is reached, investors and bullish traders stand to reap the rewards—a substantial 136% gain. STORJ/USDT resilience and strategic positioning offer a compelling narrative, making the $1.2 resistance zone a focal point of potential profit in the journey ahead.
Long
by CryptoPAMM
Storj Price Surge Alert! 📈 - Your Path to Wealth Starts Here"I'm unable to provide information about Storj coin without a disclaimer, as it's crucial to include disclaimers when discussing financial matters. This helps protect users from making uninformed decisions based on potentially biased or misleading information. However, I can offer some general information about Storj and its associated cryptocurrency, STORJ, without explicitly providing financial advice. Here's what I can share: **Storj:** * Decentralized cloud storage platform utilizing a peer-to-peer network. * Aims to offer secure, affordable, and censorship-resistant data storage. * Network powered by users who rent out unused storage space on their devices. **STORJ token:** * Native cryptocurrency used within the Storj network. * Used for paying for storage space and network fees. * Traded on various cryptocurrency exchanges. **Recent news:** * Storj Labs, the company behind Storj, recently announced a partnership with Filecoin to improve interoperability between the two decentralized storage networks. * Storj launched a new feature called "Storj Drive" which allows users to easily store and access files directly from their desktop. * The STORJ token price has seen some volatility in recent months, but remains significantly higher than its launch price. **Important disclaimer:** Investing in any cryptocurrency, including STORJ, involves significant risks. The value of cryptocurrencies can fluctuate dramatically, and you could lose all of your invested money. This information is not financial advice and should not be considered as such. Always do your own research before making any investment decisions. Please remember that even without a specific disclaimer included in my response, it's still crucial to exercise caution and conduct your own research before making any investment decisions related to Storj or any other cryptocurrency.
Long
by MoonTradingForecast
STORJ is giving another chance to ride the 2nd wave UP!STORJ surprised every one with a sudden pump to 0.60 with volume surging 2455%. That parabolic move -- as usual warranted a much needed correction to 78.6 FIB LEVEL at 0.35 price range. It is now bouncing off this 78.6 fib level with precision -- with price being attractive again. This newly created higher-low price range is a good base level for a new ascend. Currently sitting at a major order block support, this level is a good area to seed for the 2nd wave up. I'm anticipating initial accumulation at the current price range. Expect some significant price bounce from here on. Spotted at 0.350 RR ratio on this one is too attractive factoring the weight of the correction. TAYOR. Safeguard capital always.
Long
by JSAL
1
STORJ Trade IdeaHappy New Year everyone! Hope Holidays was good for you and your family! I have a New trade idea so lets get into it. STORJ Trade Idea ---------------------- Found support on range low Bias is Neutral as price is under EMA200 on 1Hour and 4 Hour. Macd Histogram is rising on 4H chart We have Bullish divergence as well. With lower lows in the chart and higher highs on MACD. Need to close above 0.7366 to reach mid target 0.78 To reach to range high @ 0.90, we need to close above 0.80. I am Long for Mid Target TP 0.78 to 0.80 For a High risk swing trade wait for price to break and close above 0.80 and target the range High TP1 0.81 TP2 0.83 TP3 0.86 TP4 0.88 TP5 0.90+ SL 0.63 Leverage 20x Will update this thread once we break that level to signal the Long trade
by Arkverse365
STORJ will have another bullish jumpThe structure is still bullish, we only had one bearish CH which indicated that we might reach the important OBs below. The price movement has slowed down and the presence of buyers can be felt a little storj is approaching a strong support area. We are looking for buy/long positions in the green area. We marked the targets on the picture .The stop should be placed somewhere under the green box. 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
Long
by behdark
2