Storj finally reached its all time low in the correctional downtrend since May 2018. A falling wedge created both for the mid and long term investment opportunities. And a good indication of a reversal trend is happening in the 1D chart and if this engulfing candle stick can close above the red resistance line we might see a good upward move and a likely of an elliott waves formation. RSI looking good at 52.
Entry Zone : 5500 sats - 6500 sats
Stop Loss : 4800 sats
Potential Targets :
Short Term
T1 : 7283 sats
T2 : 8548 sats
T3 : 9570 sats
T4 : 10592 sats
T5 : 12047 sats
Mid / Long Term
T1 : 9051 sats
T2 : 11429 sats
T3 : 13361 sats
T4 : 15272 sats
T5 : 18008 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Entry Zone : 5500 sats - 6500 sats
Stop Loss : 4800 sats
Potential Targets :
Short Term
T1 : 7283 sats
T2 : 8548 sats
T3 : 9570 sats
T4 : 10592 sats
T5 : 12047 sats
Mid / Long Term
T1 : 9051 sats
T2 : 11429 sats
T3 : 13361 sats
T4 : 15272 sats
T5 : 18008 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Trade closed: target reached:
After a breakout confirmation on STORJ which was on its ATL as we stated on our August 5 call, it did touch TP 1 on the 23.6% fib level at 7283 sats and reached 7400 sats. A total of 40% profits so far. Another leg up rally is expected after the pull back area and it started already. We will most likely see another rally on the following 4 to 5 days. Those who missed the train can now accumulate some before it passed you. Congrats for our short term traders who gained 40% on this coin in just 2 days.
Total Profits So Far : 40%
Duration For Reach : 2 days
Total Profits So Far : 40%
Duration For Reach : 2 days
