SUMMARY
STORJ is repeating a prior fractal of a rounded bottom (blue & white). The basin phase in the sideways action phase in price that forms the bottom of the rounded price formation (blue and white rectangles). Soon, the price build for the right wall of the white rounded pattern needs to be initiated.
When joining the fractals and pattern with Elliott Waves, the white WXYXZ could be complete. Wave 1 of a burgeoning impulse could have also be placed and wave 2 is currently in progress. Being corrective, wave 2 is likely to take time into end of April or early May; but if the basin support holds from lower lows; the right wall of the pattern should go up to completion by July to August time frame.
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Very help ful post
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Love your updates @Haejin. Would love your thoughts on ADA and Verge. Keep sharing your knowledge mate. Its appreciated by those who understand the cycles of markets
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Saludos amigo @haejin gracias por compartir la informacion, un abrazo.
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Storj is a great project but seems to only pump on news then tank just as quick. I would be look for a long period of consolidation before considering going long. Also affected by Bitcoin which is in a slump.
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