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Growing Bulls
$STORJ printed a new all-time low at 0.0278 on Wednesday. Two days later it traded 0.066. That's a 130% move off the floor.
Moves like this usually come from one thing: everyone who wanted out was already out. No sellers left, so a little buying goes a long way.
But it's already given back a third of it. I'd want a 4h hold above 0.045 before calling it a base. Chasing a vertical candle after an ATL is how people get trapped.
Did anyone catch this one?
#StorjChapter11

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