STORJ is now in big downtrend channel (red). I expect a continuing of downtrend in the way of the red trend channel. But If we look at the chart from short-term, we can see short-term trend channel (yellow), where is a chance of breakout upwards. But it is only speculation. When the market breaks this small channel, there is a possibility to reach a previous bottom near the blue area (4600-4080 Satoshi).
STORJ is a cloud coin and he gets awards as a good start-up etc. From long-term I'm convinced, that STORJ will be useful in future. In this deppresion time for altcoins, it is a good time for reload the supply of this coin, even if the drop would continue.
At the chart I have market my opinion, my point of view. I expect this altcoin will drop more, but for long-term investors, it is good opportunity to buy this coin after every drop (step by step). The market could really drop to the levels 2000-1800 Satoshi and this will be the strongest support on the chart. I don't know if the sellers could get his price to these values. A lot depends on BTC move. From short or mid term I think STORJ will drop.
STORJ is a cloud coin and he gets awards as a good start-up etc. From long-term I'm convinced, that STORJ will be useful in future. In this deppresion time for altcoins, it is a good time for reload the supply of this coin, even if the drop would continue.
At the chart I have market my opinion, my point of view. I expect this altcoin will drop more, but for long-term investors, it is good opportunity to buy this coin after every drop (step by step). The market could really drop to the levels 2000-1800 Satoshi and this will be the strongest support on the chart. I don't know if the sellers could get his price to these values. A lot depends on BTC move. From short or mid term I think STORJ will drop.