Storj / Tether
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๐Ÿšจ Alert! For STORJ/USDTtraders I Short

My analysis: short

๐ŸŽฏ 1. Take-Profit Target: 0.5225

๐Ÿ“ˆ I've observed a strong level of market support with robust price rejections and extended wicks around $0.772, forming a solid BSL on the 4H timeframe. ๐Ÿ“Š๐Ÿ“ˆ

Furthermore, there's a conspicuous fair value gap on the 4H timeframe, though I have reservations about the price's ability to generate the necessary momentum to bridge it seen the strong momentum of the crypto asset, however I see price retrace there before considering to go further long. ๐Ÿ“†๐Ÿ“‰๐Ÿš€

Feel free to see my other trade analysis's.

Cheers,
Kevin - Smart Capital Traders
FibonacciMultiple Time Frame AnalysisSupply and Demand

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