✴️ StorJ | Ready To Follow Bitcoin (Name Your Altcoin #44)

16 feb 2023

StorJ is looking great on so many fronts as is the entire cryptocurrency market.

Let's dive into another analysis of the Name Your Altcoin series, thanks again for your amazing support.

The first signal that is about to develop is the bullish cross between EMA50 and EMA100.

This is yet to fully develop but a strong bullish signal.
The EMA50 line is crossing upwards, north, on the bull-side the EMA100 line.

When you see this happening the market is surely heating up.

The RSI super strong, it has been strong starting the first half of January, this is true for Bitcoin and most of the altcoins within the cryptocurrency market.

The correction from 9 to 14 Feb ended perfectly at EMA50/EMA100, which coincides perfectly again with the 12-May 2022 low.

We expect massive growth above these levels.

First target is EMA300 at 0.5870, so easy that we will ignore it and jump right to the next one.

0.618 Fib. extension for 68%, easy as well...
Next is a strong one for 250% at 1.4938.

Finally, we can see an astonishing 430%+ at 2.2691 but this is on the long-term.

I mapped these on the chart for your convenience.

Thanks again and see you on the next one.

Namaste.