STORJ - STORJ/USD

- USD (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	STORJUSD
ISIN:

STORJ - STORJ/USD - Daily - Technical analysis published on 12/21/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 0.296667 USD

My targets

0.230000 USD (-14.81%)

0.120000 USD (-55.56%)

My analysis

The bearish trend is currently very strong for STORJ - STORJ/USD. As long as the price remains below the resistance at 0.296667 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.230000 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.120000 USD as an objective. Crossing it would then enable sellers to target 0.112560 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

STORJ - STORJ/USD rating 0.270000 USD. The price has increased by +3.85% since the last closing with the lowest point at 0.260000 USD and the highest point at 0.270000 USD. The deviation from the price is +3.85% for the low point and 0% for the high point.

0.260000

0.270000

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this STORJ - STORJ/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.112560	0.270000	0.368782	0.472000	0.603333
Change (%)	-58.31%	-	+36.59%	+74.81%	+123.46%
Change	-0.157440	-	+0.098782	+0.202000	+0.333333
Level	Intermediate	-	Minor	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.230000	0.240000	0.250000	0.260000	0.270000	0.280000	0.290000
Camarilla	0.254500	0.256333	0.258167	0.260000	0.261833	0.263667	0.265500
Woodie	0.230000	0.240000	0.250000	0.260000	0.270000	0.280000	0.290000
Fibonacci	0.240000	0.247640	0.252360	0.260000	0.267640	0.272360	0.280000

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.133333	0.196667	0.233333	0.296667	0.333333	0.396667	0.433333
Camarilla	0.242500	0.251667	0.260833	0.270000	0.279167	0.288333	0.297500
Woodie	0.120000	0.190000	0.220000	0.290000	0.320000	0.390000	0.420000
Fibonacci	0.196667	0.234867	0.258467	0.296667	0.334867	0.358467	0.396667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.030000	0.120000	0.230000	0.380000	0.490000	0.640000	0.750000
Camarilla	0.268500	0.292333	0.316167	0.340000	0.363833	0.387667	0.411500
Woodie	-0.050000	0.110000	0.210000	0.370000	0.470000	0.630000	0.730000
Fibonacci	0.120000	0.219320	0.280680	0.380000	0.479320	0.540680	0.640000

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	35.04
MACD (12,26,9):	-0.0205
Directional Movement:	-12.447130
AROON (14):	-64.285715
DEMA (21):	0.275280
Parabolic SAR (0,02-0,02-0,2):	0.338803
Elder Ray (13):	-0.028989
Super Trend (3,10):	0.339619
Zig ZAG (10):	0.260000
VORTEX (21):	0.8909
Stochastique (14,3,5):	6.06
TEMA (21):	0.268589
Williams %R (14):	-90.91
Chande Momentum Oscillator (20):	-0.060000
Repulse (5,40,3):	-9.9830
ROCnROLL:	2
TRIX (15,9):	-0.5737
Courbe Coppock:	30.02

MA7:	0.274286
MA20:	0.311500
MA50:	0.337200
MA100:	0.389600
MAexp7:	0.273932
MAexp20:	0.299991
MAexp50:	0.335471
MAexp100:	0.394352
Price / MA7:	-1.56%
Price / MA20:	-13.32%
Price / MA50:	-19.93%
Price / MA100:	-30.70%
Price / MAexp7:	-1.44%
Price / MAexp20:	-10.00%
Price / MAexp50:	-19.52%
Price / MAexp100:	-31.53%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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