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thomasfar6
Sep 7, 2017 12:18 PM

STEEM TO DOUBLE IN PRICE! - Major movements. Long

STEEM / BitcoinPoloniex

Description

Steem's value is currently under 60% of the Fibonacci, therefore the market has reclaimed more than enough of it's value to continue a large uptrend. On the graph with have small and major resistance + support levels, follow them line accordingly and make trades based on which one is broken. Steem has seen much higher prices in the past and we should see them again in the, not too distant future.

  • First target - 0.00035K.
  • Second target - 0.00064K.

Comment

This was a solid trade.
Comments
pawel.blaszczyk92
What do you consider to be not too distant future? :)
Thanks for the idea!
thomasfar6
@Pawel.blaszczyk92, No problem. Well thinking about it, the price could double in two days on the crypto market there only needs to be some good news... But realistically, we could see this happen anywhere between 1-5 Months, then again in that space of time it could grow to $3 - $5.
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