Technical analysis by UnknownUnicorn61697614 about Symbol STORJ: Sell recommendation (11/9/2023)
https://sahmeto.com/message/553914
UnknownUnicorn61697614
Rank: 12444
🚨 Alert! For STORJ/USDTtraders I Short
Sell
Price at Publish Time:
$0.71143

My analysis: short🎯 1. Take-Profit Target: 0.5225📈 I've observed a strong level of market support with robust price rejections and extended wicks around $0.772, forming a solid BSL on the 4H timeframe. 📊📈Furthermore, there's a conspicuous fair value gap on the 4H timeframe, though I have reservations about the price's ability to generate the necessary momentum to bridge it seen the strong momentum of the crypto asset, however I see price retrace there before considering to go further long. 📆📉🚀Feel free to see my other trade analysis's. Cheers,Kevin - Smart Capital Traders
Source Message: TradingView