SUMMARY
STORJ on a daily chart, has the following Elliott Labels as shown below. The circled white waves i,ii,iii,iv,v show the first impulse, the "hurry up" phase and the subsequent retracements, the "wait" phase and boy the correction was very long and meandering.
The 4 hour chart below shows that following the WXY correction, a trend change took place with another impulse of circled white waves i,ii,iii,iv,v. The first red a wave of the a,b,c should be complete and now a bounce for red b wave is expected. Once red c waves is complete, an impulse set of waves should take prices to about $1.02 or so.
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Apologies, but I need to service Upvoters first. Thanks for understanding.
No problem :)
I understand