STORJ has done well compared to most of the coins against major sell of weekend. But still it has room for some more
downfall. It has strong support on the down side which can keep the price in a certain range and stop it from free fall. It is making a possible Head and shoulder formation as well as an alternative pattern along side. This can be a quick swing trade as well so buying on any of the support levels can be profitable based on the current scenario. Bullish long term but remain cautious of buying above market price.
downfall. It has strong support on the down side which can keep the price in a certain range and stop it from free fall. It is making a possible Head and shoulder formation as well as an alternative pattern along side. This can be a quick swing trade as well so buying on any of the support levels can be profitable based on the current scenario. Bullish long term but remain cautious of buying above market price.
Trade closed: target reached:
So it has happened. The price has reached the target Area, We can see slight downfall from here as the chart and last support suggests due to increase in sell off we will see a swing trade from here and let the price stabilize as it cools down.
