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Storj

Storj price pumping. What next ?Over the past two weeks, the price of STORJUSDT has increased by +180%. Why they decided to pump this particular coin is a mystery to us, it's just an old, unremarkable project. But if you know something more, please write about it in the comments. But there is one regularity: a year ago, in mid-June, there was a similar STORJ pump, followed by a long price drop with a new low. We believe that this year's STORJ price will not update its low more. However, the chance to participate in the pumping and make money on it has already been missed, as the price has been pushed too high without a thorough good correction. The probability that STORJUSDT may face a protracted and exhausting correction with a final target of $0.275-0.32 is quite high, this is -40%. And then everyone decides for themselves what to do with the information we have shared) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14
STORJUSDTHello friends. I hope you all made a profit from this scary Bitcoin candle. In this post, we will review the BINANCE:STORJUSDT . The conditions of this currency are as follows: We had a big sharp move that led to a 185% increase in price. But since then, the price has been falling without a retracement to this day. This is a sensitive and important point for this currency. Why? Because in this range we have a strong weekly support area with high density, and this point is also the location of the 0.786 Fibonacci line, which can really be a good support. I myself bought at 0.295 and consider the Fibonacci upper lines as my target. Good luck and profit! ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Long
by Madoir
📉 Major Falling Wedge Setup on $STORJ 🚀Hello, fellow traders! Today, I've identified a significant trading opportunity on $STORJ with a major falling wedge pattern. Let's take a closer look: 📈 Technical Analysis: $STORJ has been forming a well-defined falling wedge pattern, indicating a potential reversal in the current downtrend. Falling wedges are bullish chart patterns that often precede a breakout to the upside, making this setup particularly intriguing. 📉 Wedge Structure: The falling wedge is characterized by a series of lower highs and lower lows, converging towards a point. This tightening price range suggests diminishing selling pressure and a possible shift in market sentiment. Keep an eye on the wedge's boundaries for potential breakouts. 🔍 Key Levels to Monitor: Resistance: Watch the upper boundary of the falling wedge as a crucial level that needs to be breached for a bullish breakout. Support: Monitor the lower boundary of the wedge, which acts as a key support level. 📢 Potential Breakout: A decisive breakout above the wedge's resistance, accompanied by a surge in trading volume, could signal a bullish move. This breakout might lead to a reversal in the downtrend and potentially provide an opportunity for profits. 💡 Trading Strategy: Consider initiating a long position on a confirmed breakout above the wedge's resistance level. It's essential to manage risk by setting a stop-loss order below the support level. Keep an eye on the overall market conditions and ensure proper risk management before entering any trades. Please conduct your own analysis and exercise caution while trading. 📢 Disclaimer: This post is for educational purposes only and should not be construed as financial advice. Let's stay tuned and follow the action on $STORJ! Share your thoughts and join the discussion below. #TradingView #FallingWedgeSetup #STORJ #Cryptocurrency #TechnicalAnalysis #BullishReversal #BreakoutPattern
CRYPTO:STORJUSDLong
by STP_MrNodeItAll
STORJUSDTHello Crypto Lovers, This is a 1D frame analysis for STORJUSDT After breaking the white resistance line, the price was able to experience a good rise. Currently, the price is in a resistance area and a supply area, and there is a possibility of price correction to our first support area and then bouncing back to its own breakdown point. If the daily candle cannot establish above the resistance line, the possibility of price correction towards our support line will be stronger. However, if it can establish above the resistance line, it can touch higher numbers. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
4
#Storj LongIn the previous post, I mentioned that if a lower ceiling is reached, a short trade can be entered, but this did not happen. He was in a motivational wave and hit the ceiling. This wave can be wave 3 or C. Therefore, I expect it to break the price range strongly. Otherwise, he should modify the dynamic trigger again until the floor is higher, which I think is unlikely. This small wave 3 is from the lower level of the big corrective wave 2. In the weekly time, important resistance levels have been identified that can be the targets of this currency.
Long
by UnknownUnicorn7266498
STORJBTC - Significant Break on Strong TrendlineSTORJBTC has been trending downward for the best part of a year now, after an explosive upward move previously. With a bearish market around for so long and the descending trend line having been tested on many occasions, resulting in a price rejection every time, it has now finally broken through! We've got a strong Buy signal from CTv2 and can see 3 clear Take Profit levels - 15%, 35% and 50% respectively, this could be a really nice trade here! ✌️ If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
SLong
by theCrypster
6