ShawnMCR

πŸ“Š STORJ with its 27% pump retesting resistance.

BINANCE:STORJUSDT   Storj / TetherUS
Hello, dear TradingView members .
This idea is a STORJ analysis.

STORJ made a 27% ascending moving towards the resistance area , and it's been testing that level for a few hours.
While the Bollinger Bands are getting pushed up, the market is becoming overbought, as RSI hints.
Overall, we have good support for now.

Scenario one:
The price will wither push up to the resistance levels and the target shown on the chart or get another support for a stronger pump.

Scenario two:
The price will become overbought, rejected by resistance, and fall on support.

The Speedometer indicator shows Sell volumes on the market for STORJ on a 1D interval.

RSI is also hinting at an Overbought market.

Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!

Let me know if you guys have any questions;
I will be more than happy to help.

Good luck, and thank you.

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