STORJ - Potential for 30%+ Swing from the Golden Fib??

STORJBTC 1D hit a historic support level, right on the golden fib as well.

RSI is looking ripe for a reversal still and volume has been shrinking on the downtrend; a sign of trend weakening.

I would expect a small correction up, if not a full reversal. Potentially up to fib .5/EMA 100, then possibly a retest of support if it doesn't go straight bull up to EMA 50.

We still have strong positioning on the EMA 's with 50 being above 100. This tends to indicated overall bullishness, so if we can must a rebound here there's a potential for a bullish breakout through the top trend-line.

Either wait for the retest, or if we see solid signs on the breakout from the down-channel buy in then.

SL and short term TP's mapped.

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