STORJ - STORJ/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	STORJUSD
ISIN:

STORJ - STORJ/USD - 1H - Technical analysis published on 10/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

11%

My opinion

Bullish above 0.450000 USD

My targets

0.486667 USD (+5.80%)

0.493333 USD (+7.25%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for STORJ - STORJ/USD as long as the price remains well above 0.450000 USD. The buyers' bullish objective is set at 0.486667 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.493333 USD. If there is any crossing, the next objective would be the resistance located at 0.540000 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.9

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

The STORJ - STORJ/USD rating is 0.460000 USD. On the day, this instrument gained +2.22% and was between 0.450000 USD and 0.470000 USD. This implies that the price is at +2.22% from its lowest and at -2.13% from its highest.

0.450000

0.470000

0.460000

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 for higher/lower results shows an item:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of STORJ - STORJ/USD indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

White marubozu

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.312727	0.370000	0.450000	0.460000	0.493333	0.540000	0.570000
Change (%)	-32.02%	-19.57%	-2.17%	-	+7.25%	+17.39%	+23.91%
Change	-0.147273	-0.090000	-0.010000	-	+0.033333	+0.080000	+0.110000
Level	Intermediate	Minor	Minor	-	Major	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.403333	0.416667	0.433333	0.446667	0.463333	0.476667	0.493333
Camarilla	0.441750	0.444500	0.447250	0.450000	0.452750	0.455500	0.458250
Woodie	0.405000	0.417500	0.435000	0.447500	0.465000	0.477500	0.495000
Fibonacci	0.416667	0.428127	0.435207	0.446667	0.458127	0.465207	0.476667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.193333	0.306667	0.373333	0.486667	0.553333	0.666667	0.733333
Camarilla	0.390500	0.407000	0.423500	0.440000	0.456500	0.473000	0.489500
Woodie	0.170000	0.295000	0.350000	0.475000	0.530000	0.655000	0.710000
Fibonacci	0.306667	0.375427	0.417907	0.486667	0.555427	0.597907	0.666667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.223333	0.276667	0.343333	0.396667	0.463333	0.516667	0.583333
Camarilla	0.377000	0.388000	0.399000	0.410000	0.421000	0.432000	0.443000
Woodie	0.230000	0.280000	0.350000	0.400000	0.470000	0.520000	0.590000
Fibonacci	0.276667	0.322507	0.350827	0.396667	0.442507	0.470827	0.516667

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	72.99
MACD (12,26,9):	0.0025
Directional Movement:	43.619749
AROON (14):	100.000000
DEMA (21):	0.451854
Parabolic SAR (0,02-0,02-0,2):	0.438642
Elder Ray (13):	0.009480
Super Trend (3,10):	0.446352
Zig ZAG (10):	0.460000
VORTEX (21):	1.1111
Stochastique (14,3,5):	55.56
TEMA (21):	0.455097
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	0.010000
Repulse (5,40,3):	1.0226
ROCnROLL:	1
TRIX (15,9):	0.0678
Courbe Coppock:	3.09

MA7:	0.471429
MA20:	0.500500
MA50:	0.436200
MA100:	0.408200
MAexp7:	0.452380
MAexp20:	0.448979
MAexp50:	0.449980
MAexp100:	0.464012
Price / MA7:	-2.42%
Price / MA20:	-8.09%
Price / MA50:	+5.46%
Price / MA100:	+12.69%
Price / MAexp7:	+1.68%
Price / MAexp20:	+2.45%
Price / MAexp50:	+2.23%
Price / MAexp100:	-0.86%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

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