STORJ surprised every one with a sudden pump to 0.60 with volume surging 2455%. That parabolic move -- as usual warranted a much needed correction to 78.6 FIB LEVEL at 0.35 price range.
It is now bouncing off this 78.6 fib level with precision -- with price being attractive again.
This newly created higher-low price range is a good base level for a new ascend.
Currently sitting at a major order block support, this level is a good area to seed for the 2nd wave up. I'm anticipating initial accumulation at the current price range.
Expect some significant price bounce from here on.
Spotted at 0.350
RR ratio on this one is too attractive factoring the weight of the correction.
TAYOR.
Safeguard capital always.