Hi guys, a cryptocurrency STORJ seems to be great opportunity for LONG. The Chart is building up in LONG POZITION, where the key level is on the 0.00011400 BTC, where the price had moved up. We can see this chart in over the trend line and when STORJ will kepp this pozition we can make a lot of money.
Indicators:
We can see building up a new trend from a daily chart after a consolidation from a value 0.0000054 BTC.
In daily chart, the value of this coin is over EMA, which signalizes UP trend.
Stochastic RSI is oversold, it means there is strong opportunity to the turnover in this market.
At the value 0.00011400 BTC was strong support great opportunity for BUY, but we are not over.
The next signal for LONG was yesterday, where the daily candle closed over the strong support at the value 0.00014221BTC.
I'm in this trade from the point, where the value is at 0.00014221 BTC. Today i have bought more, because I got signal, and the signal is still ON.
Fib. retracement can show us the targets.
When the targed we should leave:
When we got signal to get out of this trade for example crossover the EMA to the SHORT, when the highest EMA will be on the TOP and the lowest will be on the BOTTOM, or where the candle closes under 0.00011400 BTC.
TP a SL:
1. Target- 0.00018
2. Target- 0.00023
3. Target- 0.00030
Stop loss- 0.0001135
Good luck, this is great opportunity, where we risk a few and expect (and can get) a lot.
This is just my point of view, this is advice for investing.
Indicators:
We can see building up a new trend from a daily chart after a consolidation from a value 0.0000054 BTC.
In daily chart, the value of this coin is over EMA, which signalizes UP trend.
Stochastic RSI is oversold, it means there is strong opportunity to the turnover in this market.
At the value 0.00011400 BTC was strong support great opportunity for BUY, but we are not over.
The next signal for LONG was yesterday, where the daily candle closed over the strong support at the value 0.00014221BTC.
I'm in this trade from the point, where the value is at 0.00014221 BTC. Today i have bought more, because I got signal, and the signal is still ON.
Fib. retracement can show us the targets.
When the targed we should leave:
When we got signal to get out of this trade for example crossover the EMA to the SHORT, when the highest EMA will be on the TOP and the lowest will be on the BOTTOM, or where the candle closes under 0.00011400 BTC.
TP a SL:
1. Target- 0.00018
2. Target- 0.00023
3. Target- 0.00030
Stop loss- 0.0001135
Good luck, this is great opportunity, where we risk a few and expect (and can get) a lot.
This is just my point of view, this is advice for investing.
Trade closed: target reached:
Our first TARGET - 0.00018 REACHED
HODL or take profit, wait for small correction and GET IN to the trade again. Congratz. We can make more money from this trade.
HODL or take profit, wait for small correction and GET IN to the trade again. Congratz. We can make more money from this trade.
Trade active:
After correction, we are still IN-trade, we have a good opportunity to REBUY. We are waiting for the next target!
Comment:
SET SL to the value 0.00012600 BTC . There is builing a triangle formation and it can be risky for us, Im still IN -trade, but if candle closes under 0.00014220, there is a chance , the market will go down. SO BE AWARE GUYS. I will update information. See you guys. It is not a big deal.
Trade closed manually:
In this time of correction of BTC, there is risky to join a trade. I would recommend you guys to stay in the trade, dont sell your positions. Everything depends on BTC right now, which is in the correction. When your SL was hit, it is no big deal. We have done 1. Target, so we are still in profit. Now TA doesn't make sense, because how i pointed, BTC is the key in next move. BE PATIENCE GUYS! A correction on the market is healthy. When the opportunity comes, i will update it.