In my previous article as I have shown that the price of World's 78th ranked cryptocurrency Steem is forming bullish Shark pattern in US Dollar pair now same as like that move the price action of Steem with Bitcoin pair is also forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This...
A strong resistance level the main cause of drop: Hi folks hope you are well and welcome to the new update on Steem with US dollar pair. To understand the current downtrend we need to go back in November 2019. When the price action was move sideways and took a powerful bullish divergence in January 2020 and broke out the 100 simple moving average resistance....
Hi friends hope you are will, here I have found another profit potential trading idea for you and this time I have found a harmonic move by Steem. The Priceline of Steem has formed bullish BAT pattern and entered in potential reversal zone and ready for bullish reversal soon. Let’s have a look on the Steem’s move: After initial leg (X to A) the A to B leg is...
Steem recently broke out of it's range, and is now appearing to move up. Currently buying, might go a bit deeper with limits. Would like to see a relatively quick pump up on this chart to confirm this.
1) price at support 2) holding 100 ema very well 3) Fibonacci retrace ( 0.618 holding very well ) 4) price holding very well with that we have RSI bullish divergence Buy : 1800 - 1850 Stop : 7% Target : 1900 - 2100 - 2300
Steem Great Buying Opportunity - Don't Miss This One Steem Crypto Forecast - Technical Analysis Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position which will give a huge ROI In a lower time-frame (4hrs) this long position has also been conformed. Target profits are mentioned in the chart. Adjust your Stop Loss according to...
Parabolic SHORT opportunity presenting itself on $STEEMUSD as evidenced by the DBL bottom/volume/KC/BB/volume surge & otherwise. Targets 1 & 2 below Perhaps due to the recent rumors/news about Libra getting cold feet? For if LIBRA were to fall apart; that would leave STEEMIT the leading social media decentralized platform on the blockchain, as it has the most...
If support will hold, the correction up is likely to continue.
Yet again a potential double bottom formation. Watch the trianlgle for breakout
Elliot Wave indicates that STEEMUSD is on course for a mid-long term entry @ $0.3951 which (if you made said entry now) would be nearly 100% ROI in IMHO ballpark estimate would be a 7-10 day timeframe. i.ytimg.com Incase any of you folks forgot what an Elliot Wave is. STEEMUSD (i'd be here all night and I need to get some sleep; Idk where to start,...
Approached the uptrend trendline after breaking the 50 Moving Average
I know, this is stupidly crazy idea, which suggests STEEM price rising 140,000% in the coming 3 years. Previously I had also crazy idea suggesting STEEM/USD hitting $33 pretty soon. Perhaps we'll see $30 and then $300? Time will tell, have fun and enjoy the ride shal it become the reality. Let me know your thoughts on this.
The interesting point is that the uptrend trendline is holding, providing some support for STEEM/BTC. As long as price remains above the trendline STEEM is likely to continue range trading within the orage area. Break above the range could be that long wated uptrend confirmation.... at least for short term. In the mean time, risk of break below the uptrend...
STEEM/BTC has just reached previous low, where it rejected the fibonacci support. From now it could be that price will start to consolidate for the time being, but only if support will hold. The scenario where the support is broken can be seen on the chart, but while holds expect range trading or even reversal. Based on my BTC precition (chart can be seen below),...
STEEM still sitting at strong support near $0.2 area. Currently it is forming a double bottom which is yet to be confirmed. Price seem to bounce off the downtrend trendline, providing another support for the pair. Although it is still a downtrend, if double bottom is formed and Moving Average is broken, this shoud result in a trend reversal. In this case first...