Storj finally reached its all time low in the correctional downtrend since May 2018. A falling wedge created both for the mid and long term investment opportunities. And a good indication of a reversal trend is happening in the 1D chart and if this engulfing candle stick can close above the red resistance line we might see a good upward move and a likely of an elliott waves formation. RSI looking good at 52.
Entry Zone : 5500 sats - 6500 sats
Stop Loss : 4800 sats
Potential Targets :
Short Term
T1 : 7283 sats
T2 : 8548 sats
T3 : 9570 sats
T4 : 10592 sats
T5 : 12047 sats
Mid / Long Term
T1 : 9051 sats
T2 : 11429 sats
T3 : 13361 sats
T4 : 15272 sats
T5 : 18008 sats
Good Luck.
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