TradingView
joni328
Oct 13, 2018 8:05 PM

Crazy run by Storj on the background of incomprehensible market 

Storj / BitcoinPoloniex

Description

While most of altcoins are in the ''flat'' position or going down, Storj has showed a growth of more than 10 % per day. Analyzing the 3 hours bar chart, the rise began on October 8 and and the peak was at the level of 5757 satoshi on October 11. According to the technical analysis, the support zone is at the rate of 4500 satoshi. Thus, we also see a pattern ''head and shoulders'', as after uprising candle ''bears'' fixed their profit and started to sell the token. However, Storj's price have not fallen down and now it is traded between the levels of 5100 and 5500 satoshi.
In addition, fundamental part also has played a crucial role in this growth. Storj will be at Ethereum's and Devcon4 event in Prague on October 30. Furthemore, one of the team's developer spoke to Coinbase's People of Color Employee Resource Group about the history of Storj and decentralized cloud storage platform. So, we can just tell them to keep it up.
Comments
More