STORJ.USDT (Y20.P4.E2.v2).Macro.Inverse HS

Oct 11, 2020

Hi All,

*** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable ***
Link supplied below:



MY THOUGHTS:
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Keeping this one short as the previous post explained the observations and business case.
Basically an inverse Head and Shoulders structure in my opinion, a reversal structure.
The target is based on this which equates to a double top, strong resistance.
In the shorter time frame, we have a pullback to potential 2 levels, as per chart.

What are your thoughts, bullish on LINK?

Please give me a tick or like for this post.

Regards,
S.SAri

My targets for the pullback.z.chart.
I placed a range because its difficult to decipher between the 0.5 and 0.618 fib micro level.

Oct 11, 2020

Note

Looking at storj on the daily, the green rsi on the phoeix shows it has strong upward pressure as its above the gray energy. If it was to pull back, I've changed my mind to the red line path, if at all.