Steem geting ready. Any comment is much apreciated
Hi guys!
First of all I would like to start by saying that I'm not an experienced trader and you should really think twice before trading based on my ideas.
I'm publishing these ideas only so I could hear your comments and get better.
This is what I think it is going to happen: STEEM is forming a breakout triangle pattern.
I see 2 possible scenarios:
1. Will drop 2 times and after that it will pop;
or 2. Will drop one more time and it will pop.
I also pointed about buy zone and sell zone.
Buy zone is based on my prediction, where I think it will go.
Sell zone is based on past strong resistance lines.
Any comment is highly appreciated so please fell free to do it!
First of all I would like to start by saying that I'm not an experienced trader and you should really think twice before trading based on my ideas.
I'm publishing these ideas only so I could hear your comments and get better.
This is what I think it is going to happen: STEEM is forming a breakout triangle pattern.
I see 2 possible scenarios:
1. Will drop 2 times and after that it will pop;
or 2. Will drop one more time and it will pop.
I also pointed about buy zone and sell zone.
Buy zone is based on my prediction, where I think it will go.
Sell zone is based on past strong resistance lines.
Any comment is highly appreciated so please fell free to do it!
Comment:
Also, forgot to mention that big cup and handle pattern. The handle developed quite nicely.