#STORJUSDT (Watchlist) 10/21#STORJ maybe worth it to add this coin to your Watchlist. 👀
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Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
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This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
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STORJUSDT.P trade ideas
STORJUSDTThe triangle may be a breakout to one of the local targets, however, the obvious divergences on the RSI are confusing, as well as that the price closes near the session low with increased volume, - shows the CMF.
It's still better to wait for the level test here and then enter.
If you want to enter a breakout, then the stop is very large behind the EMA20, but it can also be broken, as previously seen on the chart.
STORJ Story continues- Ascending traingle
- Bullish structure
- 9EMA curling away from 21EMA
Ascending triangles could break either way as buyers are eager to buy up the token in order to break resistance. However, it is definitely not a given that resistance will break.
Target will be the same height as the pole of the triangle. Which coincides with the daily resistance zone.
Stop loss set just below the 4H support level/
STORGUSDT LongGlobal trend is drowth on the different timeframes. Nearest support line is local growing trend. Moreover there are two big support lines on $1.3262 and $1.2348. The resistance line is $2.2601. Local resisance trend penetration finished and now is a good point to open long positons. The target price is $2.2500 a little bit behind nerest resistance on $2.2601. Position oppening at the current price $1.6000. Investment horizont ~ 1.5 weeks. In the negative scenario stop limit price should be under the local growing trend ~ $1.5000. Potencial loss ~ 7%. Potencial profit ~ 40%. Profit/loss ratio is around 6:1.
STORJ – quick pump ahead!Hello, everyone!
I found the quick scalping trade on STORJ. As we can see it has very nice consolidation after a huge pump next to the support area and the 0.78 Fibonacci retracement for the last impulse. Moreover the MACD histogram formed the true divergence, when the price made lower lows and the histogram made higher lows with the crossover the zero line to the upside and after that to the downside. This is very strong signal. I am going to take profit next to the supply zone.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
We may be witnessing what is called PO3 on STORJThis is a concept coined I believe by ICT and the first time I heard about it was from RektProof at twitter.
Basically this is when you have a consolidation range, where people have their stops above and below, we then witness a manipulation like in the chart above, and then we may see a significant rally after absorbing all of the liquidity sitting below the range.
Are you ready for the next move?
How Storj looking?Hello everyone! After a pump, storj is consolidating above the trend line and supoort area which seems retest of 200 days falling trend. Other resistances also fitting with fibonacci levels on the chart. If you want some coin to be analyzed by me, please write in the comments.
Have a nice day!