STORJUSDT | HARMONICS AB=CDSTORJUSDT is in a bearish trend. When we plot AB=CD Harmonic on the chart, the price action may fall to its previous strong support zone. Where a double bottom will be also formed.
Currently the price action is at support level and break of support will call more bears.
Trade your levels accordingly.
STORJUSDT trade ideas
Small short to take liquidity in STORJ - Cryptoz18█ Operation Information
STORJ is a highly volatile asset so keep this in mind when trading. We are currently getting a bit of a pullback after a strong bull run, there are a number of bullish orders at 0.7567 so I will take a little short.
█ Operation data
• Entry price: 0.7653
• StopLoss: 0.7797 (Loss 1.88%)
• TakeProfit Minimum: 0.7567 (Win 1.12%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit.
In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance.
Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes.
This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile.
█ Global data to take into account
Bitcoin is currently in an uptrend in 4H. However, a lot of bearish orders trying to keep it below the 20500 prices. The daily trend is in play, take your precautions.
█ Warning
✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision-making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from the Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally, proper Margin and Leverage management Be careful, you can lose all your money in the future if you have poor risk management. Nothing more to say thank you very much.
💡Don't miss the great buy opportunity in STORJUSD @storj
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6426).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. STORJUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 0.7233
TP2= @ 0.8009
TP3= @ 0.8735
TP4= @ 0.9924
TP5= @ 1.1641
SL= Break below S2
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💡Don't miss the great buy opportunity in STORJUSD @storj
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6426).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. STORJUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 0.7233
TP2= @ 0.8009
TP3= @ 0.8735
TP4= @ 0.9924
TP5= @ 1.1641
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#Storj/ #USDT : Analysishello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day!. ---
Note that trend line is very important in technical analysis and most traders trade with trend line failure.
The same thing happened in the storj / usdt chart
- The trendline is broken and pullback is done
Storj go to the Moon 🔥Most of my indicator are showing the bullish move in upcoming day.
If it will break 0.74$ level, we'll see a rally to 1$, because every time we saw macd up cross, after that we have seen significant growth.
Furthermore in terms of examining patterns, we have a reliabe double bottom pattern in 4H TF.
3 Black Crow on STORJUSDT## Use:
Bearish Candlestick pattern: May predict reversal of uptrend.
## Identification
1. Open: 2nd and 3rd candle patter should open in/ near the previous candles real body.
2. Close: 2nd and 3rd candlestick pattern should close lower than the previous.
3. Three candle sticks close near / at the lower.
4. Condition: Either top of an uptrend or rally.
## Market Psycology
1. In a typical appearance of three black crows, the bulls will start the session with the price opening modestly higher than the previous close, but the price is pushed lower throughout the session. In the end, the price will close near the session low under pressure from the bears.
## Risks
1. The size of the three black crows candles and the shadow can be used to judge whether the reversal is at risk of a retracement.
2. Pattern completes only after closing of 3rd candle. So, market might have corrected substentially and may even reverse and go in uptrend direction.
The three black crows pattern and the confidence a trader can put into it depends a lot on how well-formed the pattern appears.
The three black crows should ideally be relatively long-bodied bearish candlesticks that close at or near the low price for the period. In other words, the candlesticks should have long, real bodies and short, or nonexistent, shadows. If the shadows are stretching out, then it may simply indicate a minor shift in momentum between the bulls and bears before the uptrend reasserts itself.
Ref: (www.investopedia.com)
## Additional Confirmation
RSI , <30 ( oversold )
Support & Resistance regions.
STORJ price movement predictionSTORJ .. enter on support bounce... once it breaks above weekly - it will be in LOW VOLUME NODE territory .
Market Cap 341.7M
DYOR ( do your own research )
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
storjThis time the 0.5 Fib is just above the trend-line around 1.096 and this is the level to beat if we want to see a sustainable bullish move long-term. If a 1D candle closes above it, we can expect the next Fib levels above it (0.618, 0.786, 1.0) to get filled. If not, a new rejection can technically aim at least as low as the 0.33 Support. Notice how the 1D RSI tops harmonically align with every contact on the Lower Highs trend-line.
$STORJ, broke through the range formed over the previous 2 month$STORJ
broke through the range formed over the previous two months.
Currently testing it again in search of a potential R/S flip that would allow an expansions to the upside.
On the 1D & lower timeframes, UCTS is already bullish👀
#STORJ
Storj coin made a beautiful wave 4Hello friends. Look at the beautiful wave 4 created by this illiquid shitcoin! It will be good to catch a long before the prices increase, with a stop loss below the 0.5 retracement, since we almost never see a wave 4 go deeper than this. You can see that the open interest increased by a lot, so this is a strong uptrend which will probably continue.
Thanks for playing.