Hello, dear TradingView members.
This idea is a STORJ analysis.
STORJ made a 27% ascending moving towards the resistance area, and it's been testing that level for a few hours.
While the Bollinger Bands are getting pushed up, the market is becoming overbought, as RSI hints.
Overall, we have good support for now.
Scenario one:
The price will wither push up to the resistance levels and the target shown on the chart or get another support for a stronger pump.
Scenario two:
The price will become overbought, rejected by resistance, and fall on support.
The Speedometer indicator shows Sell volumes on the market for STORJ on a 1D interval.
RSI is also hinting at an Overbought market.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.