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.