Storj vs Tether (STORJUSDT) is bouncing off a very strong support level. Each time this support level is hit a 150% bullish wave takes place, this already happened twice this year.
Now, this time around we are seeing a bounce/recovery happen right above this support level, which is an indication of strength.
Going by past action, Storj is very likely to produce a new bullish wave. The growth can be similar to what it was before but it can also be bigger, due to the higher low.
The previous dates were January 2023 and June 2023.
Other Altcoins are showing early recovery signals and others growing.
Invalidation: If the support level marked here with a blue line breaks on a weekly basis, this analysis becomes invalid. This level can be used as a stop-loss.
Namaste.
Now, this time around we are seeing a bounce/recovery happen right above this support level, which is an indication of strength.
Going by past action, Storj is very likely to produce a new bullish wave. The growth can be similar to what it was before but it can also be bigger, due to the higher low.
The previous dates were January 2023 and June 2023.
Other Altcoins are showing early recovery signals and others growing.
Invalidation: If the support level marked here with a blue line breaks on a weekly basis, this analysis becomes invalid. This level can be used as a stop-loss.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.