alanmasters
Long

[STEEMBTC](59% PP) STEEM Profits Potential (1000-9000%+)

BITTREX:STEEMBTC   STEEM / Bitcoin
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: 
  • I've drawn a few channels and boxes showing the different waves STEEMBTC had over the years.
  • It is pretty easy to spot a strong wave up after a long channel down.
  • The smallest bullish wave on the chart above was from Mar to May 2018, which generated over 150% profits.
  • To me this is a very profitable wave. We also have other waves that generated up to 2500%+ profits, such as back in 2016.
  • The next wave I am expecting for it to be a big one, maybe 1000%+ if we are conservative... This is cryptocurrency trading after all.
  • RSI is oversold, which is a very strong signal on the weekly time frame.
  • STEEMBTC is now out of the latest descending channel , so a break up can happen anytime.


STEEMBTC Trade Instructions by Alan Masters

Buy in:  0.0000720 - 0.0000760

Targets:

(1) 0.0000850
(2) 0.0000980
(3) 0.0001172

More targets on chart.

Stop loss: Close weekly below 0.0000600.

Capital allocation: <10%.



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THANKS FOR YOUR CONTINUED SUPPORT.

Namaste.
Comment: If we take a closer look, we can see that EMA10 and EMA200 have been conquered on the daily time frame. Now this is a good signal that STEEMBTC can move soon.

The first try happened on the 22nd Dec., marked yellow, you can see a big volume bar and the break above EMA10 (green line).

STEEMBTC retraced and is now trading passively above EMA10 and EMA200.

Yesterday's candle's volume is also higher than average... bullish signals:

-The RSI is on the bullish side and the MACD is starting to curve up strong.

Here is the chart:

Thanks for reading.

Hit LIKE to show your support.

Namaste.
Comment: Targets:

(1) 0.0000850 -Reached (+15%)
(2) 0.0000980 -Next target.
(3) 0.0001172
Comment: Targets:

(1) 0.0000850 -Reached (+15%)
(2) 0.0000980 -Reached (+32%)
(3) 0.0001172 -Next target
Trade closed: target reached: ALL TARGETS REACHED!

This is just the beginning, but we hit all of our targes for this trade. No that more profits will come from this pair, STEEMBTC.

Targets:

(1) 0.0000850 -Reached (+15%)
(2) 0.0000980 -Reached (+32%)
(3) 0.0001172 -Reached (+58%)

Thanks a lot for the support.

Make sure to hit LIKE to support more amazing, profitable, safe and free trades.

Namaste.
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Related Ideas

STEEM is developing like crazy while this market is bearish. When the giant wakes up, it’s gonna be huge.
+3 Reply
alanmasters atmospheric_haze
@atmospheric_haze, It will definitely move big and strong when it does.
Reply
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