here are the support/resistance levels on the STEEMBTC daily chart. - support could come from the Conversion Line (Tenkan Sen, the blue one) - resistance from the Kumo Cloud and the Base Line (Kijun Sen, the red one)
After broken the neckline of the H&S price going down pushing more down against the rally of BTC (yellow line) and little volume. A see a change of tendency for STEEM recover after forming a star candle at the 0.00018260 support line. To continues this uptrend we need the volume of the last days and keep on eye on the BTC behavior and we gonna see a good and...
After forming a cup and handle pattern (is to possible that STEEM make a retracement) because is going inside a overbought area + broken Rsi , to follow this uptrend. If TA works the target is the same like the deep of the cup (HUGE) Happy trading
After forming a cup and handle pattern (is to possible that STEEM make a retracement) because is going inside a overbought area + broken Rsi, to follow this uptrend. If TA works the target is the same like te deep of the cup (HUGE) Happy trading
this could be the start of a new trend in steem
Following the chart for a while now; strong support around 13k will not be broken imo.
STEEM has 100% yearly inflation but we are at the half of the year for STEEM!