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STORJUSDT trade ideas

STORJ Rallies After Release of IPFS Pinning ServiceProof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a (closed) beta for an IPFS Pinning Service similar to Pinata and other IPFS services, which probably explains the jump that happened this week in its price. IPFS is a complex, often misunderstood technology - what exactly is "Pinning" and how does it play into the broader picture of Web3 projects?
Long
by RyanTanaka
STORJUSDT reclaims the monthly resistanceThe price got a rejection from the main resistance on 1.41$ where the market created a weekly resistance. on the 4H timeframe, the price created a clear double top and got a rejection from the 1.414 Fibonacci EXT How to approach? The price is testing the daily support on 1.13 Fibonacci EXT level. The price needs to create a new breakout on the 4h resistance where the previous impulse started. IF and only IF the price is going to have a breakout from it, we could see a pullback unit the monthly resistance on 1.12$
Long
by InkyGrip
8
STORJ SHORTER TF UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an financial advice. #STORJ/USDT LONG TRADE SETUP ENTRY::- CMP AND add more up to $1.344 TARGET: 10% STOPLOSS:$1.33 Leverage 5x to 10x This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
STORJUSDT is creating a pennant The price had a breakout from the descending channel on the daily timeframe after a bounce on the weekly support on 0.91$. On the lower timeframe (4h) the price is creating a pennant below the monthly resistance and above the 4h support. the market printed a false breakout from the pennant and monthly structure. How to approach? We are monitoring the price, we are waiting for the breakout from the pennant with volume. IF the price is going to have a breakout and retest monthly resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
Storage Space and NFTs - How Does the Medium Affect the Message?Marshall McLuhan's "Medium is the Message" has been the dominant ethos for Web2, the media, and the art world for quite some time now. The 3 camps often fight each other over status games, but they're all really part of the same coin if you look closely enough. People have been talking about 22' being the year of the Music NFT, but I do think there's a bigger thing going on - it's where the "medium is the message" ethos is finally going to be challenged by the ethos of Web3. And it will start with music and nowhere else, here's why: Web2 - which has already hit its peak as tech talent continues to migrate towards Web3 and crypto projects - built many massive data centers to cement their lead on high-bandwidth applications like video sharing and livestreaming. That's their lasting legacy, if anything, imo. Musicians responded to these trends by going into music video (it's hard to be a pure audio musician these days) or by focusing on high-fidelity sound files as a way to maintain its "value" against the entropy of right-click-save infinite supply. Did it work? Not at all - musicians' cut gets diluted heavily with video productions and listeners did not really respond to the idea of hi-def audio files. And with the last line of income streams (live music) disrupted by COVID, musicians' means of earning income is severely limited right now. The two approaches above, however, is still a continuation of "the Medium is the Message" mantra because it does not place its value in what's being "said", only in the packaging its framed around. Think the Kardashians (also MitM) that basically has no meaning, but for music. (The mantra there is tempting for some since it releases them from the burden of having anything to say.) So Web3 is an opportunity to move away from that, but it will be very difficult culturally speaking because MitM is so everywhere that only the biggest contrarians will even understand what it means to go against this massive machine. Most NFT projects so far, does not. Course the less people who understand, the bigger the opportunity, which is why I think that the Music NFTs have the potential to create new leaders and influencers out of the blue, not currently associated with the incumbents right now. They're going to "come out of nowhere". It won't be any of the big companies, VCs, tech leaders, CEOs, or any of the "famous" people we know and are familiar with. That's going to scare some people, and delight others. But either way, it's going to be genuinely new because that's what is required to move the needle. There's also some dissonance right now between the main media consumption habits of Web2 (video) and Web3 (low-res pics) - most of this has to do with file size and bandwidth limitations of IPFS - notice there's no NFTs of long videos right now? It's just not tenable atm. STORJ and Filecoin have potential to create a streamlined, decentralized file system using IPFS as a backbone, but they're not developed enough right now to compete against the massive data centers Web2 companies are running right now. This had the effect of hitting the "reset" button on Big Data trends towards the idea of smaller and more efficient usage of storage as a whole. Music NFTs finds itself somewhere in the middle of low-res pics and massive video files so it's an ideal place to experiment, in a way. It sucks that the music industry is basically in shambles at this point, but it's also an opportunity to rebuild it bigger and better this time, with the artists' long-term incentives actually in mind. But it is as much of a cultural revolution as it is a technical one...and for Web3 to really work, the two things really need to be working together, in cooperation, towards a common goal. And I do think that the ones that un-silo themselves and see the bigger picture are the ones that will take the cake. But again, we have to treat "the medium is the message" as a failed movement at this point and start to listen - really listen - to what artworks have been "saying" and expressing the last few decades and realize that the signs of today were always there, from the beginning. Art appreciation is a skill - and one that is seldom taught, even in higher education right now. But it is something that anyone can pick up if they take the idea of understanding art in a deeper way seriously. It is also what will make NFT buyers successful, imo. 🎨 I'm still bullish on crypto. Tezos has the artistic talent. Ethereum has the technical and financial acumen. Dogecoin has the mass appeal. It's like a big puzzle that needs to be put together. The pieces are there already, it just needs to be put together in a big Web3. 🕸️
Long
by RyanTanaka
STORJ/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. STORJ/USDT is making the ascending triangle pattern. Entry: CMP and more add above $1.06 Targets: $1.1 - $1.165 - $1.224 - $1.3 LEVERAGE: 5X TO 10X Stop Loss: $1.03 This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
STROJ/USDT 2 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an #LONG STROJ/USDT is making this Ascending channel. Entry: CMP and more add above $0.97 Targets: 13% LEVERAGE: 10X to 20X Stop Loss: break and close below the downer support line. This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
storj after nice uptrend expect to go long at this support I expect first all crypto market go up in few days storj was very nice move up and I expect another move after retesting support and other indicators which coincide in this area so here is signal entry storj 0.9799 SL 0.963 tp1 1.01 tp2 1.0851 this short trade scalp market is fast and better take some profits and move on of course if you have time its always good idea to leave around 10% of trade for moon shot like and follow and I hope you make some profit I put many long ideas today dont risk too much if you enter in one trade rest skip or only enter significantly lower hence I have waves coin if one one trade get stopped out we have other trades waiting if high of coin changes before entry then order is invalid also its invalid after 3 days
Long
by jasoncryptotrader