STORJ has now recovered with bullish candles from a downtrend after a bullish divergence appearing on 12hr and 4hr timeframes.
Storj is currently holding on to EMA50 and aiming to take EMA200.
Ichi span has exited out of a downtrend channel but still aiming downwards meaning it's too soon to enter this trade.
The recent buy-volume has secured Storj a double bottom since Aug 19th and we are to place our SL exactly under the range of the previous Ichi channel below the double bottom zone.
Keep in mind to profit-trail after your entry. BTC's safe range for this trade is between 6800~8200.
Commento
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the recent BTC breakout has disrupted most alt trades.