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theCrypster
Feb 5, 2023 11:22 AM

STORJBTC - Significant Break on Strong Trendline Long

Storj / BitcoinKraken

Description

STORJBTC has been trending downward for the best part of a year now, after an explosive upward move previously.

With a bearish market around for so long and the descending trend line having been tested on many occasions, resulting in a price rejection every time, it has now finally broken through!

We've got a strong Buy signal from CTv2 and can see 3 clear Take Profit levels - 15%, 35% and 50% respectively, this could be a really nice trade here! ✌️

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)

Comment

We've had a clear break through TP1 almost immediately after going Long.

A quick consolidation followed and now are we ready to pump upward once again?
Comments
DeGRAM
Thank you for sharing your analysis.
theCrypster
@DeGRAM, No problem bro 👌
SwallowPremium
Good idea my man. We see the same outcome to happen. Keep it up champ
theCrypster
@SwallowPremium, Thanks buddy - you're an inspiration 👏
Williamforex
Like it
theCrypster
@Williamforex, 👍👍
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