STORJ Price in demand zoneStorj Cryptocurrency token is now bouncing off the Demand zone .
price is reacting really good from this zone and looks absolutely amazing with trend line breakout above.
Stroj has really good wicks at the demand zone and price shows really amazing action here.
Spot entry can be filled here around 0.33 $ breakout expected soon
STORJUSDT.P trade ideas
STORJUSDT is trying to have a breakout 🦐STORJUSDT is trying to have a breakout from daily resistance. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
STORJUSDT 12H long setup; Upward movement expected from acc zoneTA Explained
STORJUSDT has been accumulating for quite some time just above a strong support zone as it seems. An impulse away from this zone will aim at the upper boundary of the accumulating zone. After that the previous top and next level of structure will be targeted.
SL is at a little over 11%. Max leverage advised would be 2x considering 20% position risk.
Trade setup
Best entries: 0.3276 - 0.3474
TP1: 0.3864
TP2: 0.4319
TP3: 0.5076
SL: 0.2984
RR: 4.41
Max leverage: 2
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
STORJ - Trying to Take off it Looks Like?STORJ is looking rather excitable at the moment.
RSI is just leaving oversold with a lovely amount of potential headroom.
MACD just fought off a bear cross AGGRESSIVELY.
EMA 100 is the current battleground, Conquering this and holding it will be a massive buy signal.
Volume is relatively low still but steadily increasing. Big spike in sell volume is off the rejection from heavy upper resistance and I believe should be taken more as "market noise".
EMA 100 will decide our direction here. The last conquer of EMA 100 gave us a very nice boost upwards.
Targets are marked. This isn't financial advice.
STORJUSDT: Possible Long (18.11.2020)On D1, the price has broken the downtrend line and reached the resistance at $ 0.4.
On H4, the price has formed an upward impulse pattern, which may turn out to be part of a large zigzag pattern.
At the current moment, the price is decreasing in the expected correction for the local upward impulse. RSI is slowly declining towards the oversold level.
We recommend buying STORJ from the $ 0.3 level, as well as when the RSI reaches the oversold level on H4.
The target level for profit-taking is $ 0.55.
STORJUSDT waiting for a pullback 🦐STORJUSDT waiting for a pullback after the price had a breakout downward.
If The price flip the neckline as resistance, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.