STORJBTC will try to break its down trend soon. 0.00012434 is support and stop loss point. If it can break its down red trend line (A) it has potantial until 0.00022302
If we break the resistance there's no limit! Possible cup and handle.
strong support level Candlestick Bullish pattern: Morning Doji Star. Fibonacci 61.80 retracement deep market analysis
To me, Sia still seems way undervalued & ignored based on its potential - and it looks like it's forming a large Cup & Handle. Target is on the chart. And just for future reference I put some extra speculative targets, not based on anything except some trendlines I found and the fibonacci levels. Not recommending trades based off of those - but if it does shoot...
Storjx/Btc forming a possible "W", which could be a fractal of a previous "W" pattern. Therefore, we can expect a retest of a historical resistance around 33k sat, possibly in the month of may. The other scenario is a formation of the second shoulder in a H&S pattern around 24,5k sat. Either way, the historical support is holding for now, so both scenarios are...
It seems that Storjcoin X finally found the market bottom as prices rebounded from the last support frontier - Lead 2 ( Senkou span B , red border line of the Kumo cloud) and Lagging span ( Chikou , green line) failed to break the price line. Time to check daily graphs to seek for the proper entry point :-)