- Established downward-trending channel
- Pattern of touches on a parabolic line, showing a flattening towards the right
- Healthy swings in , with oversold indicators towards this flattening region
What I'm seeing here is strong evidence of a flattening region in preparation for a reversal. The coming days will show us which direction we're headed. If we do see a reversal, I'll post another trade idea with buy in, stop loss, and trading targets. I'd like to hear your thoughts on BINANCE:STORJBTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***