Support has been hit/activated for Storj (STORJBTC), this support is marked on the chart with a red dashed line where you can see the numbers 1, 2 and 3.
Each time we hit support a bullish move follows.
Number 1 hit back in early August 2019 and what followed was 45% of growth from bottom to top.
Number 2 hit in late October 2019 for 83% from bottom to top.
Reclaiming ~1250 sats level for now volume looks kinda low, so looking for a potential flip at this level as entry...
UCTS signaling an early buy on the 1D chart...
Wait for now but set some alerts!
Exchange : Binance
Buy Zone: 0.000017~0.000016
Target Point: 0.0000176/ 0.0000185/ 0.0000193/ 0.0000213/ 0.0000238
You should be careful in buying STORJBTC because of Bitcoin
If you are Risktaker you`ll like it
The Retracement is on going
The Chart and RSI have same Up trending Line...
StorJ (STORJBTC) is preparing for a strong move.
The last time this altcoin was above EMA50 and EMA100 massive growth followed... This same scenario is playing out right now and the next target is sitting at 0.00002050. Additional growth is possible.
We have an active trade that is at 29%+... Take a look at it by clicking on the image below:...
Flipping R/S at ~1600 sats as volume flows in..
Crossed EMA50 // UCTS Buy signal active on the 1D & Lower TF
Volume not that strong but not bad either
Aiming for a ~2000 sats retest from here with a tight SL under support just in case..
This is a trade signal for StorJ (STORJBTC).
The chart is looking bullish and is moving as I write this.
Remember that this is not financial advice.
Trade at your own risk.
Trade: Storj STORJBTC]
BUY: 0.00001500 - 0.00001700
STOP: Close weekly...
Testing resistance level at ~1550sats,
Only if flipped (rejection for now...), looking for a position w target at ~1700sats
For now volume is low and we will have to wait for better confirmation...
Will update if I see positive changes
- Falling Wedge Breakout in Daily Timeframe.
- Bullish MACD Divergence As Well.
- Volume Is Crispy But Need More For Healthy Uptrend.
- 150 - 200% Profit Expected in Midtrem.
- For Entry , Wait for Retest the Trendline
- Sell Targets For Midterm 2202 - 2480 - 3341 - 3924 - 5038 Sats
- Stop Loss Is Must (According to Your Risk)
The priceline is moving within a pennant and hitting the pennant's support after Sep 2018.
Here the price action is also hitting at pivot 1st support.
In the meanwhile the price action is forming a bearish shark pattern and entered in potential reversal zone.
Sooner or later the price action can take bullish divergence from here at any time insha Allah.