Hello World, hope it’s going great! If you followed my last idea, then Congratulations on making that quick 90% profit in a day. Today, we’re gonna look at Steem against BTC as the chart looks ripe enough for us to trade. I will keep it real simple as it looks like this is gonna be an easy trade which is gonna potentially generate massive profits. So without any further ado, let’s jump right into it!
\u2028Since pretty much a month, Steem as been moving sideways and accumulating well. Looks like Steem is ready to blow past its major resistance as it is now fighting to get past the 50 MA. IMHO, I believe Steem is going to get past the 50 MA level in the coming hours and head towards the target of around 6200 sats to test the resistance and hopefully crush it on its way up. If it gets past that level, the next level of resistance is around 8000 sats which is actually much harder to break. I think that Steem will easily reach that level in the coming weeks. The MACD indicates a bullish momentum and we have enough room to go up before experiencing any potential downside.
These are the following short-term targets (< 1 month):
T1: 5850 sats ( might just hit it within a couple days)
T2: 6250 sats
T3: 7000 sats
T4: 8000 sats.
\u2028
We might just hit all the targets in the coming 20 days.
Smash the like button if you like this idea and follow to stay updated. Comment if you’d like me to have a look at any other coin(s). Don't foget to look at some of my previous ideas that generated me over 80% gains. Happy trading guys, good luck to y’all!
\u2028
\u2028Since pretty much a month, Steem as been moving sideways and accumulating well. Looks like Steem is ready to blow past its major resistance as it is now fighting to get past the 50 MA. IMHO, I believe Steem is going to get past the 50 MA level in the coming hours and head towards the target of around 6200 sats to test the resistance and hopefully crush it on its way up. If it gets past that level, the next level of resistance is around 8000 sats which is actually much harder to break. I think that Steem will easily reach that level in the coming weeks. The MACD indicates a bullish momentum and we have enough room to go up before experiencing any potential downside.
These are the following short-term targets (< 1 month):
T1: 5850 sats ( might just hit it within a couple days)
T2: 6250 sats
T3: 7000 sats
T4: 8000 sats.
\u2028
We might just hit all the targets in the coming 20 days.
Smash the like button if you like this idea and follow to stay updated. Comment if you’d like me to have a look at any other coin(s). Don't foget to look at some of my previous ideas that generated me over 80% gains. Happy trading guys, good luck to y’all!
\u2028
Trade active:
Steem is doing phenomenal so far! 5 consecutive green candles (Daily) and the six one is just waiting for volume to shoot up! The price has closed above the 50-MA level for the first time since April 1, 19. Basically the entire change in momentum and trend is looking super bullish and I’m actually waiting for the golden cross to occur (which might not be as long a wait as people would imagine). Easy 10-15% till tomorrow, if not today itself. Last chance to fulfil your bags if you wanna any quick and considerable short term gains. I will post the long-term strategy for this trade once we’ve reached the aforementioned targets!
