As previously forecast, our patience has paid off.
Steem has returned to the area I highlighted in advance. There is no disputing that Steem is in a downtrend. However, we are on ALERTto see if it is reaching oversold.
Note this is a CounterTrend trade - so initially trade small. If and when we get our long signal and trigger this presents a very low risk high reward opportunity for us and then we can add to our position,
to maximise profit.
These are the trades you want to look out for which others won;t be awake to. So stay alert my friends.
If you wish I will keep you posted when I see a trade entry ...
Hope this helps.
Sean Vengan, Professional Cryptocurrency Trader and Trading Educator
Steem has returned to the area I highlighted in advance. There is no disputing that Steem is in a downtrend. However, we are on ALERTto see if it is reaching oversold.
Note this is a CounterTrend trade - so initially trade small. If and when we get our long signal and trigger this presents a very low risk high reward opportunity for us and then we can add to our position,
to maximise profit.
These are the trades you want to look out for which others won;t be awake to. So stay alert my friends.
If you wish I will keep you posted when I see a trade entry ...
Hope this helps.
Sean Vengan, Professional Cryptocurrency Trader and Trading Educator