Support has been hit/activated for Storj (STORJBTC), this support is marked on the chart with a red dashed line where you can see the numbers 1, 2 and 3.
Each time we hit support a bullish move follows.
Number 1 hit back in early August 2019 and what followed was 45% of growth from bottom to top.
Number 2 hit in late October 2019 for 83% from bottom to top.
We are now at Number 3 which hit 8-January 2020... The bullish move is yet to come. Based on Fib. projections, we are looking at 105% or up to 148% for the next wave/bullish move.
We also have a strong bullish divergence with the MACD and the RSI. Another good signal for the bulls.
This thing can still crash since the trading volume is pretty low, so, we always have a strategy and a stop-loss in place in case the trade goes wrong.
Remember to hit LIKE to show your support.
Namaste.
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