Steem is ranging in the symmetrical triangle. We can expect downward movement in direction of wave E and then up according to relevant conditions in that time. Short target is marked on the chart and long either in case we will stay at the edge of the lower triangle line with bounce. Good luck !
If it does 16000 is the goal according to a few friendly whales I am not in because i am trapped and i exited @ 8350 a while ago. I am waiting a hopeful retracement to 7800 that never seems to come. There are a shitload of dApps being made (without smart contracts) and an exchange will be released soon for those dapps. They are giving away free tokens everywhere.
The Volume increased 30% since yesterday and the price got some momentum, but it just looks like a repetition of the action on the 31st of Jan. Steem can go both ways, the lack of momemtum seems to indicate we will test the mid 7000's
Steem is pampin & I bought some with $DOGE. Take a look on dis $STEEM because its a real thing. Cu later frens
Broke over first resistance , will now act as support. This could still retest the 1085 sats ranges before moving towards further targets. Stop loss / targets are in chart. Leave a like if it helps. Follow to get notified for further analysis. Read other analysis below. ( Over 90 % accuracy so far)
STEEMBTC Near the good support zone, local up-trend.
STEEM (STEEM) Overview Powering Communities and Opportunities Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steemit. STEEM (STEEMBTC) Chart Analysis Long term chart: ...
We are now seeing Steem at its bottom, this is the lowest Steem has been since summer (May,June & July 2016). Short term we will see a retest of the 0.00001094 BTC level, we should break above this level as well as the 50 MA. From here we will see a run to the 0.0001242 level which has been support for the past few months. I see consolation coming between...
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Buy Price: Yellow Line TP: Green Lines Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good...
Bullrun confirmation the following is needed 1.) sideways consolidation (yes) 2.) completion of pullback (yes) 3.) downwards correction to @6400 range (Yes) (@6464.67) 4.) low volume to equate PULLBACK (Yes) For breakout 1.) ascending triangle completion (no) 2.) large volume (no) 3.) large media announcement (no) Possible downturn setting stoploss @6500...
Looking at the technical indicators: Hourly MACD – The MACD for BTC/USD is slightly placed in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI is presently well above the 60 level. Major Support Level – $6,320 Major Resistance Level – $6,500
Steem has come down to the bottom of the long term symmetrical triangle. This is a good area to watch for a bounce so for now I have taken no trade yet. I will udpate once we get a bounce and trade is active. Aggressive traders could enter here with a 15% stop loss, though I will personally wait for signs of a bounce off of this trendline. Steem also has some...
SBDBTC traded in a downtrend for an extended period of time, as many alt coins did for this trading season. Now however it has broken out of it's downward channel, after the breakout was confirmed it consolidated with a symmetrical triangle pattern and recently has broken out of that with an impressive move upwards on high momentum. We have pulled back to the...
For this price analysis, I’m actually going to look at EOS on the USD side of things. EOS Price Analysis The first thing that’s worth noting is the fact that $EOS failed to hit this major overhead resistance point (thus far): So, there are a couple reasons why this is important. 1. It appears as though the momentum for $BTC #Bitcoin is beginning to...
If we assume STEEM will start to rise from here, here is a trade idea: - entry at 13k1 - stop loss at 12k4 (bellow longer term support) - target 1 15k5 (previous high) - target 2 17k (38.2% Fib level) - final target 19k9 (bellow psychological resistance 20k and close to 61.8% Fib) Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will...
Daily Looking at our trend timeframe we see price continuing to respect our downtrend with no signs of reversal, stochastic rsi remaining in favor of bears. A daily close above 500 activates our trade, otherwise sitting on my ands until we see a BTC reversal on the weekly.