STORJBTC broke MA400 and is now testing again.
15Feb candle was closing above previous day's Donchian Channel upper line - suggesting new uptrend which is still valid.
If MA400 holds this is a strong bullish sign and we can expect new resistance (0.000094) to break and go to next resistance (0.000135) which is 1.618 fib level of previous bullish swing.
Strategy can be to buy now e.g. 50% - set stop loss to 1R ATR (0.000066-0.0000064 equal to under 0.00006) or when daily candle closes below previous day's lower line of Donchian Channel. Whichever is earlier.
If MA400 holds for a few days or reversal daily candle pattern may develop another portion can be added with same stopping rules.
TP under 0.000135 - e.g. 0.00013199.
Any comments are more than welcomed! Thank you and please make sure you only trade with money you can afford to lose! Trade carefully!