good risk/reward rate
strong support line
strong support level
Candlestick Bullish pattern: Morning Doji Star.
Fibonacci 61.80 retracement
deep market analysis
looks like a big fat cup and handle to me... let me know what you think??
Place your bets
If the top will be successfully tested the price would move a bit up, if not we will see another wave-pattern but in a small uptrend! Not my favorite coin...
Growth is likely, but even if it does not, there will be some regular waves we can profit from.
If Storjcoin breaks through the pattern - I will continue long. If not, I will short after first candle not breaching the resistance.
This kind of "squared" resistance does not look natural.
Entered my trade at 0.00030 and my trading plan is 30%. Look for this coin to go long over the next few days!
SJCX is attempting to hold at price 33,000sat but will likely drop below that to resistance around 30,000sat before continuing upwards extremely bullishly. Buys should be placed within the red accumulation rectangle.
A perfect C&H is just formed on Storj with a significant volume confirming the breakout.
I would buy for the mid- to even long term. Also, this currency is not just a currency, but a very promising cloud service.
STORJ will grow up more than any time before.
We may have a surprise... the pattern says something will happen, probably negative, but the risk is worthy to take.