Storj coin seems to find a strong support near 5k satoshi. This support is confirmed by a 127.2% Fibonacci retracement level of the last corrective wave up.
At the same time, STORJ/BITCOIN already rejected this price in the past, while between 21st and 23rd of October a small double bottom was formed. Now as the price returned to this level, once again it is acting as a support. If the support holds it should result in a corrective move up or even a trend reversal.
Nevertheless, the minor resistance at 6.6k satoshi should be watched as a break above should provide more strength to the Strorj against Bitcoin. A daily close below the key support at 5k satoshi could invalidate bullish outlook.
At the same time, STORJ/BITCOIN already rejected this price in the past, while between 21st and 23rd of October a small double bottom was formed. Now as the price returned to this level, once again it is acting as a support. If the support holds it should result in a corrective move up or even a trend reversal.
Nevertheless, the minor resistance at 6.6k satoshi should be watched as a break above should provide more strength to the Strorj against Bitcoin. A daily close below the key support at 5k satoshi could invalidate bullish outlook.
Trade ist aktiv:
Expecting continuation of the uptrend
Kommentar:
Storj breaking above the resistance, this could accelerate the uptrend...
Kommentar:
Very nice rally
Kommentar:
How do you like that? :)
Kommentar:
Many many thanks for all your likes and comments, I appreciate that support guys!
Trade geschlossen: Ziel wurde erreicht
Kommentar:
Nice rally :)