$STORJ Interesting situation: yesterday we were hovering under the daily level for quite a while, but we couldn't break through and ended up correcting. This means that the short sellers' stop-losses above the highs remain intact. And that indicates a high likelihood that the price will spike to take them out.
Supporting the long scenario is also the open interest, which has shot to the moon, along with significantly increased relative trading volumes.
I'll approach this setup like this: I'll try to accumulate a small portion (about 1/3 of my trading volume) in advance if we dip lower, somewhere around 0.12-0.115. I'll add the main part right at the key levels.
Target profit zones are estimated in the range of 0.15-0.16.
#STORJ #CryptoStrategy #TradingSignals
Supporting the long scenario is also the open interest, which has shot to the moon, along with significantly increased relative trading volumes.
I'll approach this setup like this: I'll try to accumulate a small portion (about 1/3 of my trading volume) in advance if we dip lower, somewhere around 0.12-0.115. I'll add the main part right at the key levels.
Target profit zones are estimated in the range of 0.15-0.16.
#STORJ #CryptoStrategy #TradingSignals