I followed $STORJ, which could not keep up with the sharp rises in recent days but is a potential product compared to the #altcoin s in the market.
My expectation is that the price will take the liquidity of the rising trend from the last bottom and retreat to the level of $0.33-0.35, which is the long OB location on the horizontal. Once this movement occurs, I will take a long position.
In the direction of double bottom formation, it may go up to the upper band of the range in the major trend.
To summarize;
I intend to enter $0.34 and hold my position until $0.52-0.54. If things turn around, I will follow with a stop below $0.32.
My expectation is that the price will take the liquidity of the rising trend from the last bottom and retreat to the level of $0.33-0.35, which is the long OB location on the horizontal. Once this movement occurs, I will take a long position.
In the direction of double bottom formation, it may go up to the upper band of the range in the major trend.
To summarize;
I intend to enter $0.34 and hold my position until $0.52-0.54. If things turn around, I will follow with a stop below $0.32.
